20 most popular Australian shares

This article lists the 20 most popular Australian shares invested in by SMSFs as of 30 June 2024. We are grateful to Class, an SMSF administration software company, for providing the data used in this article.

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Despite persistently high inflation, high interest rates and nail-biting volatility, Australian shares (read investors) held their nerve in the year to June 2024, with the benchmark S&P/ASX 200 index up 7.8% (12.1% including dividends).

That was sure to keep SMSF investors happy, as domestic shares remain their preferred asset class with Class SMSFs holding 28.3% of their assets in Australian listed securities.

The next largest asset class among Class SMSFs is direct property…

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