Super fund investments fell in April, according to superannuation research firm SuperRatings. Superannuation funds were “hit by difficult investment conditions,” said SuperRatings (PDF), with the ‘median balanced fund’ falling by 0.4% in April.
Superannuation research firm SuperRatings says superannuation funds returned a “healthy” 0.6% in March 2015. This was down from the “robust” 3.0% return in February, but “achieved despite a 0.1 per cent fall in the ASX200 Accumulation Index and declines in international equities,” said SuperRatings.
Superannuation fund investment returns have ‘surged’ in February according to both SuperRatings and Chant West. SuperRatings said superannuation funds surged ahead in February, “continuing their stellar run, hitting double digit returns for the first time this financial year to date.”
The average super fund returned 8.1% in 2014, ahead of an earlier estimate of 7.5%, according to research company SuperRatings. The median balanced option for super funds returned a “solid” 8.1% in the 2014 calendar year, “exceeding expectations,” said SuperRatings. This follows from a 16.3% gain in 2013 and 11.7% in 2012.
Industry super funds have consistently outperformed retail super funds over 1, 3, 5, 7 and 10 year periods, according to Industry Super Australia, based on data from SuperRatings. Over a 10 year period the statistics show that industry super funds have outperformed “bank-owned funds” by 1.66%, 6.75% to 5.09%. The difference is smaller for 1 year returns,… Continue reading Industry super funds outperform retail funds over 10 years
Update: SuperRatings have released the final figures for 2014, see Balanced super fund investment option up 8.1% in 2014. Superannuation funds achieved returns of 7.5% in the 2014 calendar year, an “impressive” result according to superannuation research company SuperRatings. Just when markets looked like tanking and taking our super funds with them, Australian superannuation funds have defied logic… Continue reading Super funds up 7.5% in 2014, says SuperRatings