Super fund returns down in May 2019, on track for another positive year

Super fund investments had negative returns in May 2019, but are still up for the year though down compared to the returns of recent years. Research firm Chant West has found that the median growth fund – with 61-80% invested in growth assets – was down 0.7% for the month of May, but up 4.6%… Continue reading Super fund returns down in May 2019, on track for another positive year

Super funds “increasingly likely” heading for positive financial year

Super funds are getting closer to recording a tenth consecutive year of positive investment returns, according to Chant West. The firm has the ‘median growth fund’ – with 61-80% in growth assets – up 1.7% for the month of April. This leaves the return for the 2018/19 financial year-to-date at 5.2%. Australian shares were up… Continue reading Super funds “increasingly likely” heading for positive financial year

Super funds heading for disappointing, but positive, 2018/19 returns

Super funds are likely heading for a disappointing, though positive, investment return for the 2018/19 financial year. SuperRatings said super funds were facing a “grim” financial year, given challenges to global growth following “sharp” losses in the December quarter. SuperRatings has the ‘median balanced option’ at 3.2%, which “so far ranks as the seventh worst… Continue reading Super funds heading for disappointing, but positive, 2018/19 returns

Share market rallies help super funds maintain strong start to 2019

Superannuation funds have maintained the strong start to investment returns in 2019, according to Chant West, largely driven by rallying share markets. The ‘median growth fund’ – with 61% to 80% invested in growth assets – gained 2.7% in February, following from a 2.5% increase in January. This leaves the Financial Year to Date return… Continue reading Share market rallies help super funds maintain strong start to 2019

Strong start to 2019 for super fund investment returns

Super fund investment returns are off to a strong start in 2019, according to Chant West. The ‘median growth fund’ – with 61-80% invested in growth assets – was up 2.5% in January 2019, according to the firm. These returns have been driven by rallying stock markets, which has continued into February. In February so… Continue reading Strong start to 2019 for super fund investment returns

Super funds see positive returns, just, for 2018

Superannuation funds have just managed to produce positive investment returns for the 2018 calendar year, after fears that losses late in the year would push them into negative territory. The ‘median growth fund’ (61-80% growth assets) returned 0.8% in 2018, according to Chant West, which is the lowest since 2011. But it also makes the… Continue reading Super funds see positive returns, just, for 2018

Super funds at risk of first calendar year investment loss since 2011

Superannuation funds are at risk of their first calendar year of investment losses since 2011. SuperRatings said November was the third consecutive month of investment losses for superannuation funds. They found the median balanced option (accumulation) was down 0.6% for November, and down 1.2% for the financial year to the end of November – putting… Continue reading Super funds at risk of first calendar year investment loss since 2011

Super funds returns for 2018/19 turn negative in October

The financial returns of superannuation funds have turned negative for the 2018/19 financial year due to falls in asset prices in October. Chant West has the Financial Year to Date return for the ‘median growth fund’, with 61-80% invested in growth assets, at -0.9%. This is down from +2.1% a month earlier, a 3% fall… Continue reading Super funds returns for 2018/19 turn negative in October

Typical SMSF investments continue to outperform larger super funds

The investments SMSFs typically make have continued to outperform those of larger super funds, at least over the short term. SuperGuard 360 compares the performance of investments SMSFs make, based on ATO statistics, to those of the default MySuper products of large super funds. For the year to August 2018 the SMSF index was up… Continue reading Typical SMSF investments continue to outperform larger super funds

Solid quarter of super fund returns reversed in first half of October

Super fund investment returns were “solid” in the September 2018 quarter, but October may reverse this, according to Chant West. The median growth fund – with 61-80% invested in growth assets – was up 2.1% in the first quarter of the financial year. But the same fund is down 2.3% already in the first half… Continue reading Solid quarter of super fund returns reversed in first half of October