Australia funds

Glastoun

Any suggestions for Australian funds, particularly paying high dividends? There only seem to be three listed on HL, other platforms may have more choice.

Are there any more general funds that have a big chunk of Australia in them?

jimjames

How much is a big chunk? Over 50%?

A Pacific tracker will have (HSBC does) over 30% in Australia and NZ if that is sufficient for you.

http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/h/hsbc-pacific-index-accumulation/fund-analysis/geographical-analysis

grey_gym_sock

and a pacific tracker which only includes developed markets, and which uses the MSCI definition of developed markets (which excludes s. korea), will have c. 59% australia.

http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/v/vanguard-pacific-ex-japan-stock-index-accumulation/fund-analysis/geographical-analysis

note that vanguard have been switching some of their funds from MSCI to FTSE indexes. if they do that for this fund, it would start including s. korea.

vectistim

Newton Asian Income? I think that has a fair whack of Australia (for some values of fair)

Glastoun

A pacific developed tracker looks pretty good, will see whether the platform charge makes it uneconomical though.

Thanks,

Shaolin_Monkey

How about an ETF? DB Xtrackers S&P/ASX 200 (XAUS) tracks the country's main share index. The index had a dividend yield of 3.92% as of the end of February but the ETF re-invests rather than distributes income, so it's no good if actual income is required.