Australia is the world's sixth-largest country. Almost an entire continent by itself, the country boasts a high-income stable economy that has achieved unparalleled growth in past decades.
Australia is rich in natural resources and holds several free trade agreements with many other countries in the region. It is a major exporter of agricultural products, minerals such as gold, iron ore and lithium, and energy from liquified natural gas and coal. The country also offers substantial industries, including banking, software and biotech, making "Down Under" a diversified financial market.
The low-risk environment and skilled workforce make the country a highly attractive destination for foreign direct investments.
The AussieEconomy Smart Portfolio allocates capital to stocks of companies from eToro's asset universe across diversified industries in Australia.