Superannuation in the median balanced option returned 0.2% in December 2015, with a 5.6% gain over the 2015 calendar year, according to SuperRatings.
Volatile markets have left superannuation fund returns “subdued” for the end of 2015, according to SuperRatings.
Investment returns of superannuation funds “bounced back” in October, according to superannuation research house SuperRatings.
Investments in the average superannuation fund fell 1.7% in the September 2015 quarter, according to superannuation research house SuperRatings.
Superannuation fund investments fell 2.9% in August, the largest monthly drop since February 2009, during the GFC, according to SuperRatings.
Fear of another financial crisis, like the GFC, is still influencing the ways in which older Australians invest their retirement savings.
Superannuation research firm SuperRatings has described recent super fund investment returns as a “roller coaster.”
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.
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.
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.