Over a difficult trading year to July 30, where world markets dipped into the red, the Watershed International ETF SMA delivered 6.86% p.a. gross return for its investors, outpacing its benchmark the MSCI World Index (AUD) which lost 2.48%, giving outperformance of 9.34%. https://www.financialstandard.com.au/feed/latest?story=86350948 en-AU Copyright 2026 Financial Standard 5