Looking back, 2019 was a strong year for returns. The MySuper default Growth option achieved double digit returns of 15.8% for the year ending 31 December 2019, making us a top-10 performer in Australia*.

Looking back, 2019 was a strong year for returns. The MySuper default Growth option achieved double digit returns of 15.8% for the year ending 31 December 2019, making us a top-10 performer in Australia^1.

This was a great result, placing member returns well above the peer group^2.

Returns over the last three years were also strong relative to our peers^2, with the fund returning 9.7% over this period, and in the MySuper – Growth^2 category we ranked fourth among the best performing funds.

Our strong performance, particularly in 2019, was primarily driven by our equity-based investments, such as Australian and international shares and private equities. Our investments in ‘real’ assets, such as in the property and infrastructure sectors, were also solid contributors.

Compare us over time

Longer term, over 5 and 10 years to 31 December 2019, our MySuper default Growth option has also performed well.

Over 5 and 10 years, the fund’s Growth option returned 8.3% and 8.2% respectively, performing well above the median of MySuper-Growth funds^2 returns for both periods.

In the SuperRatings survey^1 over the same time periods, the Growth option was also ahead of the median fund returns.

Why fund performance matters

Super is generally considered to be a long-term investment so it’s important to focus on long-term returns. Short term performance is important but a fund that consistently delivers solid returns over the long term can better help you build your super savings and achieve your lifestyle objectives in retirement.  

  1. SuperRatings Fund Crediting Rate Survey – SR50 Balanced (60-76) Index, December 2019

  2. Chant West Multi-Manager Survey, December 2019, peer group: MySuper – Growth (61%-80%), net returns for periods to 31 December 2019.

    *Note: Fund returns quoted are based on hard close figures, as determined by fund performance figures at the time of survey.