Self managed super fund (SMSF) members are eyeing international shares and direct residential property, but are unsure about how to deal with the associated cur­rency risk when investing abroad.

A survey by CompareSMSF found that, Australian shares aside, the asset class most favoured by SMSF members was overseas equities, with 37 per cent saying they were most likely to invest in offshore in 2008. Twenty-two per cent of members expressed interest in direct property.

Meanwhile, CommSec has crushed the competition in the DIY investment space, winning almost six times the combined market share of its nearest competitors, the newly merged InvestSmart and Direct Access.

A report by Wealth Focus revealed 69 per cent of DIY investors were using CommSec as their main DIY investment broker in 2007. 

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