If we convert in AUD using the following currency conversion, this is a $AUD3.5B gain or 2.83%.
Here is the breakdown:
March FUM $USD92.9B
@0.7095 = $AUD123.71B
April FUM $USD90.4B
@0.71065 = $AUD127.21B
These numbers also show that we can track top ten, but there will always be slight variation for better or worse. International Equity was a bit better and Global Equity was a bit worse.
Overall a very good result compared to peers that have gone backwards in AUD terms for April.
Best of Luck
Lost
Ann: FUM as at 30 April 2022, page-3
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