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29 July 2017 (AFR) – Compare how your superannuation fund performed

[COMMENT: As I always do when posting things like this funds performance table, I warn that past performance is no guarantee of future results. It is merely an interesting observation of the past performance of some funds and their own strategies which may change from time to time.]

(29 July 2017, AFR, p27, by Sally Patten)

A snapshot of the detailed table of super fund performance (ack: AFR.com and others).

‘ “Returns last year were outstanding. Somewhat surprising, but outstanding. If anyone had predicted that at the beginning of the year, you would have said they were off with the fairies.” ‘ <snipped…>

‘The top of the 2016-17 league table was dominated by industry super funds. Chant West, the research firm that compiled the returns data, attributes this to their hefty investments in so-called unlisted assets (which includes infrastructure, direct property and agriculture) and their lower exposure to bonds. Overall, in the 12 months to June, union-backed schemes returned an average of 11.1 per cent, against 9.7 per cent for retail funds, which are mainly owned by the banks and listed wealth companies.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial).  ALSO: see the detailed table of super fund performance (a simple snapshot is shown at right).

 

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About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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