Strong returns for super funds, despite June: SuperRatings

Despite the drop in June superannuation funds have delivered a “strong result” for the 2014/15 financial year, according to superannuation research firm SuperRatings. The ‘median balanced’ super fund investment option returned 9.7% for the 2014/15 financial year, with a -2.1% return for the month of June.

SuperRatings says super funds in store for a “bumpy” June

The average superannuation fund had strong investment returns in May, but is likely to have a “bumpy” June, according to superannuation research house SuperRatings. “Rising investment markets have helped produce a strong return for super fund members with the median Balanced Option providing a 1.0 per cent gain during the month of May,” said SuperRatings.

ESG investment options competitive, finds SuperRatings

An annual survey of Environmental, Social and Governance (ESG) superannuation investment options by independent research company SuperRatings has found “competitive performance” compared to mainstream investment options. SuperRatings found that ESG balanced funds returned a median of 11.9% in the 12 months to April 2015, compared to 12.0% for the broader SuperRatings SR50 Balanced Index.