Media Release: Best performing balanced super funds for 2022 financial year - Super Fund (2022)

Super funds continue to face a challenging economic and investment environment, though we have seen a small recovery so far over the month of July. The median balanced option is estimated to have increased by 0.9% over the first 11 days of July.

Leading research house SuperRatings has released the top performing funds within its SR50 Balanced Index which tracks performance of 50 options with exposure to growth assets of between 60 to 76%. Hostplus – Balanced was the top performing option for the 1-year period ending 30 June 2022, returning 1.6%.

David Elia Chief Executive Officer for Hostplus indicated the fund’s performance was “…a testament to Hostplus’s active investment approach, especially in navigating volatile markets.”

QANTAS Super’s balanced option came in second achieving a return of 0.6%, following its first-place result for the financial year to 30 June 2021.
QANTAS Super’s Chief Investment Officer Andrew Spence commented, “Our focus on diversification, risk management and investment governance help to deliver competitive returns despite the uncertainty in markets, as evidenced by our returns in FY 21/22 and FY 20/21.”

Top 10 balanced options over 12 months

RankOption Name1 Year %10 Year % pa
1Hostplus – Balanced1.69.7
2QANTAS Super Gateway – Growth0.68.1
3Christian Super – MyEthicalSuper0.57.9
4legalsuper – MySuper Balanced-1.08.3
5Australian Retirement Trust – Super Savings – Balanced-1.09.0
6Energy Super – Balanced-1.28.1
7Aust Catholic Super & Ret – Balanced-1.27.8
8CareSuper – Balanced-1.78.7
9HESTA – Balanced Growth-1.88.5
10TelstraSuper Corp Plus – Balanced-1.98.5
SR50 Balanced (60-76) Index-3.18.1

The table above also displays 10-year performance for these funds that have performed the best over the 1-year period, as super is ultimately a long-term investment and while it is interesting to compare performance over shorter-term periods, it is not the full story. This is particularly important to emphasise given the unprecedented levels of volatility we have seen since the beginning of the pandemic.

Hostplus was also the top performer over the long-term, with an average annual return of 9.7% over the last decade. Followed closely by AustralianSuper – Balanced with a return of 9.3% and Australian Retirement Trust – Super Savings with a return of 9.00%. Cbus – Growth (MySuper) delivered a close fourth ranking return of 8.96%.

AustralianSuper Chief Investment Officer Mark Delaney stated, “After more than 10 years of economic growth our outlook suggests a possible shift from economic expansion to slowdown in the coming years. In response, we have started to readjust to a more defensive strategy, as conditions become less supportive of growth asset classes such as shares.”

Top 10 balanced options over 10 years

RankOption Name1 Year %10 Year % pa
1Hostplus – Balanced1.69.7
2AustralianSuper – Balanced-2.79.3
3Australian Retirement Trust – Super Savings – Balanced-1.09.0
4Cbus – Growth (MySuper)-3.89.0
5UniSuper Accum (1) – Balanced-4.28.9
6CareSuper – Balanced-1.78.7
7VicSuper FutureSaver – Growth (MySuper) Option-3.38.7
8HESTA – Balanced Growth-1.88.5
9Hostplus – Indexed Balanced-5.78.5
10Aware Super – Growth-3.78.5
SR50 Balanced (60-76) Index-3.18.1

The Bumpiness Factor

SuperRatings has for many years also looked at how bumpy or consistent a fund’s returns are over time. We have continued to focus on this amid the ongoing ups and downs we are seeing across Australian and global investment markets.

Kirby Rappell Executive Director of SuperRatings commented, “Since the bottom of the GFC we haven’t seen huge amounts of volatility coming through, there have been a few moments, but we have seen extreme levels of volatility since COVID-19 hit and in terms of the menu for the year ahead, we expect to see more volatility.”

The table below shows the top 10 funds ranked according to their volatility-adjusted return, which measures how much members are being rewarded for taking on the ups and downs.

Australian Retirement Trust – QSuper Accum. – Balanced sits at the top of the table below, which shows that the fund achieved a return of 6.1% p.a. over the past seven years. Hostplus – Balanced follows closely in terms of the ranking based on the ability to navigate the ups and downs of the market. While CareSuper – Balanced rounds out the top 3 with a 7-year return of 6.8%.

Australian Retirement Trust’s Chief Investment Officer Ian Patrick commented, “Both Australian Retirement Trust portfolios incorporate dynamic asset allocation processes that see weights increased as expected forward returns increase. While the recent sell off in many markets clearly makes them cheaper, this is tempered by economic views, particularly given the uncertain outlook for inflation.”

Top 10 Funds Based on Risk-Adjusted Performance with 7 Year Return Shown

RankOption NameRolling 7 Year %
1Australian Retirement Trust – QSuper Accum. – Balanced6.1
2Hostplus – Balanced8.1
3CareSuper – Balanced6.8
4Cbus – Growth (MySuper)7.1
5Mercy Super – MySuper Balanced6.8
6BUSSQ Premium Choice – Balanced Growth6.3
7Australian Retirement Trust – Super Savings – Balanced7.3
8AustralianSuper – Balanced7.6
9Prime Super – MySuper6.3
10QANTAS Super Gateway – Growth6.8
SR50 Balanced (60-76) Index6.1

Kirby Rappell commented, “While the 2022 financial year has seen super funds record a modest fall, the benefits of diversification have shone through. When we compare returns for equity, bond and listed property markets to balanced style portfolios among super funds, these results should be reassuring to members.”

Mr Rappell continued, “Superannuation is a long-term investment and patience remains key. For those Australians under 50, the recent market volatility is not expected to have any impact on their retirement. This year’s results are just one out of a 30 to 40 year investment for younger Australians.”

This result is more concerning for those nearing or in retirement, however, we often see these members sitting in investment options which are less exposed to these market movements which can lessen the impact. The sobering result for this year is likely to be those members invested in diversified fixed interest, with rising bond yields resulting in capital losses for members in an area often considered defensive.

As 30 June returns are now being finalised, funds will be focused on preparing member statements. Making sure you are putting aside some time to engage with your super statement will be time well spent. Checking the type of investment option you are in, and whether it suits the level of ups and downs you’re comfortable with, is worthwhile, with most funds offering a risk profiling tool on their websites to help members understand their own attitudes to risk. As well as seeing the calculators your fund offers, about 60% of super funds now offer an app, so if you have never checked your super before, now might be the time to get started.

Super has a lot to celebrate over the past 30 years. Since 1992, an estimated 7% per annum return means that $1 invested in 1992 is now estimated to be worth $7.67, depending on fees. While we will see ups and downs over time, super has performed strongly over the long term with 25 positive returns over the past 30 years.

How can you access help?

We rated over 530 superannuation products. Our product ratings are accessible on our website here: https://www.superratings.com.au/products/

You can access advice services on many different types of topics including investments, insurance and retirement, with more detailed advice also available that considers your personal situation – this may be available through your fund directly or by using an adviser that is part of their network.

Contact your fund to see what advice services are available but note there may be a cost for doing so, check how much advice will cost and how you can pay for it before going ahead to ensure it’s right for you.

Alternatively, you may wish to discuss your super with a financial adviser you trust to understand whether your current super settings are appropriate for your personal situation.

The Government provides information on how to select a financial adviser through the MoneySmart website:

https://www.moneysmart.gov.au/investing/financial-advice/choosing-a-financial-adviser

Release ends

We welcome media enquiries regarding our research or information held in our database. We are also able to provide commentary and customised tables or charts for your use.

For more information contact:

Kirby Rappell
Executive Director
Tel: 1300 826 395
Mob: +61 408 250 725
Kirby.Rappell@superratings.com.au

Require further information? Simply visitwww.superratings.com.au

FAQs

What is the best performing super fund 2022? ›

SuperRatings. SuperRatings was the first cab off the rank to announce its 2022 Fund of the Year award winners on 29 October 2021. UniSuper took out the top gong for Super Fund of the Year in recognition of its strong investment performance, competitive fees and ongoing focus on members.

Who is the Best Super fund? ›

Top 10 performing super funds (Balanced)
Super fundInvestment option10 yr return (% per yr)
AustralianSuperConservative Balanced7.5%
VicSuperBalanced7.4%
Telstra SuperDefensive Growth7.3%
Vision SuperBalanced7.3%
6 more rows

Which super funds failed the performance test? ›

The products that failed the latest test are Australian Catholic Superannuation and Retirement Fund's LifetimeOne, Energy Industries Superannuation Scheme-Pool A's Balanced (MySuper), Retirement Wrap's BT Super MySuper and AMG Super's AMG MySuper announced APRA on Wednesday.

What the average return on a balanced super fund? ›

Over the past 29 years, Growth funds have returned 8.2% per year on average and the CPI has averaged 2.4% per year, giving a real return of 5.8%.

What is the average return on superannuation 2022? ›

The average return over 10 years for AustralianSuper's Balanced option is 9.32% per annum to 30 June 20221. For the Balanced option for Choice Income accounts, the 10 year average return is 10.27% per annum.

Which 3 super funds made money this year? ›

Hostplus topped the ranking with a modest 1.6 per cent return to members of its balanced fund. Qantas Super and Christian Super took out second and third spots, with gains of 0.6 per cent and 0.5 per cent respectively.

How much super do I need to retire at 60? ›

ASFA estimates people who want a comfortable retirement need $640,000 for a couple, and $545,000 for a single person when they leave work, assuming they also receive a partial age pension from the federal government.

How is MLC super performance? ›

After a tumultuous year in financial markets, MLC's MySuper Growth Portfolio returned -1.42% for the 2022 financial year. This comes after a very strong return of 20.27% in the 2021 financial year.

What are the 3 types of superannuation funds? ›

Most super funds fall into one of the following categories: retail, industry, public sector or corporate.

Is BT Super underperforming? ›

The combined eight-year performance of our BT Super MySuper product failed the annual performance assessment, and will be recorded as underperforming on the Australian Taxation Office (ATO)'s YourSuper comparison tool at ato.gov.au/​yoursuper.

Who is EISS super? ›

EISS Super is an industry super fund, run only to benefit members. We provide - value for money, superannuation and retirement products, and outstanding service.

Is BT a good super fund? ›

BT, the investment arm of Westpac, manages the bottom-ranked fund, at 43rd, over the past seven years in the key ''balanced fund'' sector, which accounts for about 80 per cent of the country's $1.3 trillion super savings.

Does super double every 7 years? ›

"It's normally between 10 to 15 years to double your investment … if you go off 15 years that gives you a pretty good idea of how your investments could perform," she said.

How much super Should I have at 40? ›

So, what are the current average balances for different age groups?
Average super balance by age2
25 – 29$25,173$21,774
30 – 34$51,175$42,240
35 – 39$83,723$66,611
40 – 44$121,119$92,680
5 more rows
1 Jul 2022

Why is my super balance dropping? ›

The negative superannuation returns most funds experienced in FY 2021/22 were largely caused by drops in the values of Australian and international shares. These sharemarket falls in turn were caused by factors including rising inflation, interest rate hikes and international events like the war in Ukraine.

Will Super go up in 2022? ›

Superannuation guarantee (SG) rising to 10.5%

From 1 July 2022, the super guarantee rise from 10% to 10.5%. Further increases of 0.5% are scheduled each year, until it reaches 12% in 2025.

What is Australia's largest super fund? ›

AustralianSuper

Is AMP a good super fund? ›

Embattled wealth manager AMP has been named Australia's worst performing superannuation provider on fees and returns, taking the unwelcome mantle off the OnePath funds formerly owned by ANZ.

Is IOOF a good investment? ›

Do not go with IOOF. They will scam you with insurance fees which are exorbitant compared to the market and will keep you uninformed and try to prevent you from withdrawing your super.

Who is Plum super? ›

Plum Super is a retail super fund and part of MLC Super Fund. It manages employee super funds for a range of companies, such as BHP and National Australia Bank (NAB). Membership is only open to those companies' employees, or existing members of Plum Super, and their spouses.

Is IOOF a good super fund? ›

IOOF has won two awards in the Money magazine Best of the Best awards 2021. The IOOF MultiMix Balanced Growth Trust was named the winner of the 'Best Multi-Sector Fund' category and the IOOF MultiMix Australian Shares Trust won the category of 'Best Australian Shares Super Product'.

How much super do I need to retire on 100k per year? ›

It estimates that a couple hoping for a “comfortable” retirement will need $640,000 in savings and a single person will need $545,000. Super Consumers Australia has also run the numbers and estimates that a couple with a medium level of spending will need $402,000 and a single person will need $301,000.

How much super do I need to retire at 55? ›

According to the Association of Superannuation Funds of Australia's Retirement Standard, to have a 'comfortable' retirement, single people will need $545,000 in retirement savings, and couples will need $640,000.

How much super do I need for $40 000 a year? ›

Couple – Super retirement balance needed to provide annual retirement income of $40,000
Years super lasts2%6%
25 years$50,000$30,000
30 years$60,000$40,000
35 years$70,000$40,000
11 May 2022

What type of Superfund is MLC? ›

MLC Super Fund is a Public offer Retail fund. MLC Super Fund has 570 investment options, 2 MySuper products authorised and 38% of its total assets are invested in a default or MySuper strategy.

What is MySuper growth portfolio? ›

The MySuper Growth Portfolio aims to outperform inflation, measured by the consumer price index, by 3.5% pa after investment fees and taxes, over any 10-year period. MySuper provides a mix of growth and defensive assets which changes depending on age.

Is MLC Super Ethical? ›

Does MLC offer an ethical investment option? For members looking for an ethical investment option, MLC offers the Perpetual Wholesale Ethical SRI Fund.

How do I know which super to choose? ›

When choosing a super fund, we'd recommend you compare your options based on factors that are important to you, which could include competitive fees, strong past performance, a good combination of investment and insurance options, and other services that may be important to you such as easy online rollover of funds.

What is unitised superannuation? ›

Future Super is a unitised fund, which means that every time a contribution is made into your account, you are issued units in your chosen investment option.

What is choice of super fund? ›

Choice of superannuation fund is a new law that gives many employees the right to choose which superannuation fund will receive their employer superannuation contributions.

Who are the under performing super funds? ›

Here are the 5 worst-performing super funds in 2022, according to APRA:
  • AMG Super - MySuper.
  • Australian Catholic Superannuation - LifetimeOne.
  • Energy Industries Superannuation Scheme - Balanced MySuper.
  • BT Super - MySuper.
  • Westpac Group Plan - MySuper.
31 Aug 2022

What happened BT Business super? ›

BT Super intends to merge into Mercer Super - On 26 May 2022, BT Super entered into an agreement with the intention to merge into Mercer Super in 2023. This will create a $65 billion superannuation fund helping more than 850,000 Australians to invest for and support their retirement.

What happens if a super fund goes broke? ›

The Bankruptcy Act states that, if a person becomes bankrupt, funds held in a person's regulated super fund are protected and unavailable to creditors. In addition, a bankrupt person can withdraw money from their super funds, subject to superannuation regulations, and spend these amounts as they wish.

What is media super called now? ›

As of April 2022, Media Super is now a division of Cbus, offering Media Super products. For more than 30 years Media Super has been the industry super fund for Print, Media, Entertainment and Arts, and broader creative industries.

Who is EISS merging with? ›

Cbus Super, Australia's leading construction industry super fund, and NSW energy industry super fund EISS Super, have signed a memorandum of understanding to complete a merger in 2022. Cbus is the fund for workers who build Australia.

How big is EISS super? ›

Learn more about MySuper funds and the different types of super funds. Of the 123 funds that provided asset data, EISS ranks 51 largest in terms of total assets under management, which are valued at approximately $4.369 billion. Of the 123 funds that provided member data, EISS ranks 71 largest, with 18,592 members.

Who will buy BT super? ›

The BT Super Board and Mercer today announced they had signed a Heads of Agreement to merge BT's Personal and Corporate superannuation funds into the Mercer Super Trust to create a $65 billion superannuation fund helping more than 850,000 Australians to invest for and support their retirement.

Who is buying BT Financial Group? ›

Westpac on Thursday announced it would transfer the $37.8 billion managed on behalf of members in its BT Personal and Corporate Super funds to the Mercer Super Trust.

Who is buying BT Panorama? ›

With BT Super to be acquired by Mercer, Westpac will next sell Panorama by the end of September with several buyers interested.

How can I double my money in 5 years? ›

Here are some options to double your money:
  1. Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. ...
  2. Kisan Vikas Patra (KVP) ...
  3. Corporate Deposits/Non-Convertible Debentures (NCD) ...
  4. National Savings Certificates. ...
  5. Bank Fixed Deposits. ...
  6. Public Provident Fund (PPF) ...
  7. Mutual Funds (MFs) ...
  8. Gold ETFs.

How can I double my money in 1 year? ›

Below are five possible ways to double your money, ranging from the low risk to the highly speculative.
  1. Get a 401(k) match. Talk about the easiest money you've ever made! ...
  2. Invest in an S&P 500 index fund. ...
  3. Buy a home. ...
  4. Trade cryptocurrency. ...
  5. Trade options. ...
  6. How soon can you double your money? ...
  7. Bottom line.
21 Mar 2022

How much super do I need for $50000 a year? ›

Single – Super retirement balance needed to provide annual retirement income of $50,000
Years super lasts2%6%
25 years$1,260,000$765,000
30 years$1,585,000$960,000
35 years$2,200,000$1,130,000
11 May 2022

How much super do I need for 80000 a year? ›

Using the default assumptions built into the Moneysmart Retirement Calculator – and assuming you are single, will retire at age 65, want the funds to last until age 90, and require an annual income of $80,000 (indexed up each year for inflation) – then you need approximately $1,550,000 by retirement to live on an ...

How much super do I need to retire at 65? ›

The ASFA Retirement Standard Explainer says a comfortable retirement lifestyle would need $640,000 in super for a couple, or $545,000 for a single person.

How much super Should I have at 38 years old? ›

See how your super measures up against your age group
AgeMen ($)Women ($)
30 - 34$85,100$64,100
35 - 39$130,700$92,800
40 - 44$188,100$130,800
45 - 49$243,000$163,300
6 more rows

What is the best super fund in Australia 2022? ›

UniSuper took out Chant West's top gong for Super Fund of the Year as well as the award for member services at the group's annual awards night on 25 May 2022. It's been a big year for UniSuper.

How long does it take for super to be released once approved? ›

What to expect after you apply. We will assess your eligibility in accordance with the limited grounds of release for compassionate release of super. This can take up to 14 days (28 days for paper applications).

Can you lose all your super? ›

Lost super is super money held by superannuation funds. You become a ' lost member' and your super becomes 'lost' if you are: uncontactable – the fund has lost contact with you and your account hasn't received a contribution or rollover for 12 months.

Which mutual funds are best for next 5 years? ›

Best SIP Plans for 5 And 3 Years in Equity Funds and Debt Funds
Fund Name5 years Return3 years Return
DSP Equity Fund14.36%14.69%
ICICI Prudential Technology Fund33.91%41.39%
HDFC Balance Advantage Fund15.50%16.60%
ICICI Prudential Bluechip Fund10.81%8.48%
16 more rows

Which fund is performing best? ›

If 1Y column is 10% that means, fund has given 10% returns in last 1 year. NAV & Returns data as onNAV as on: 23-Sep-22.
...
Fund House. Fund Category. Fund Rank and Ratios. Fund Parameters. Investment Parameters. Filter.
Scheme NamePGIM India ELSS Tax Saver Fund - Direct Plan - Growth
1Y3.52%
2Y32.81%
3Y19.59%
5Y13.78%
24 more columns

Which fund to buy now? ›

Here's the list of the five best mutual funds for SIP:
Fund Name3-year Return (%)*
Parag Parikh Flexi Cap Fund Direct-Growth24.27%Invest
PGIM India Flexi Cap Fund Direct-Growth26.66%Invest
Mirae Asset Emerging Bluechip Fund Direct-Growth22.31%Invest
Edelweiss Large & Mid Cap Direct Plan-Growth21.43%Invest
3 more rows

Which funds to invest in right now? ›

Best Mutual Funds to Invest in Right Now
PortfolioScheme NameCategory
Core HoldingsParag Parikh Flexi Cap FundEquity - Flexi Cap
ICICI Pru Value Discovery FundEquity - Value Fund
IIFL Focused Equity FundEquity-Focused Fund
Satellite HoldingsMirae Asset Emerging BluechipEquity - Large & Mid Cap
10 more rows

Which mutual fund is best for lumpsum 2022? ›

Best Mutual Funds for Lumpsum Investment
  • Canara Robeco BlueChip Equity Fund Direct-Growth: This scheme is launched by Canara Robeco Mutual Fund. This Mutual Fund has a fund size of ₹7593.28 Cr and an Expense Ratio of 0.39%. ...
  • UTI Nifty200 Momentum 30 Index Fund Direct-Growth: This scheme is launched by UTI Mutual Fund.
1 Sept 2022

How can I save 25 lakhs in 5 years? ›

You may consider the following funds:
  1. HDFC / UTI Nifty Index Fund.
  2. Mirae Asset Large Cap Fund.
  3. Parag Parikh Flexicap Fund.
  4. UTI Flexi cap Fund.
  5. Canara Robeco Emerging Equities Fund.
  6. Kotak Equity Opportunities Fund.
11 Aug 2021

Where can I invest 5000 per month? ›

Monthly SIP Funds at Rs. 5000
Fund NameCategoryRisk Profile
Axis Small Cap Fund Direct GrowthEquityVery High Risk
Tata Digital India Fund Direct GrowthEquityVery High Risk
ICICI Prudential Short Term Fund Direct Plan GrowthDebtModerate to low risk
Mirae Asset Tax Saver Fund Direct GrowthEquityHigh Risk
4 more rows

Is 2022 a good time to invest in mutual funds? ›

As it can be seen that the mutual fund industry is expected to go up in 2022, one should also make some investments in the same. Therefore, the investors can look into Axis Bluechip Fund, BNP Paribas Large Cap Fund, Mirae Asset Large Cap Fund, Canara Robeco Bluechip Equity Fund, and Edelweiss Large Cap Fund.

Which fund is best for long term? ›

List of Long Duration Mutual Funds in India
Fund NameCategoryRisk
Quant Infrastructure FundEquityVery High
Canara Robeco Small Cap FundEquityVery High
PGIM India Midcap Opportunities FundEquityVery High
Quant Mid Cap FundEquityVery High
7 more rows

Which mutual fund gives highest return in last 10 years? ›

Best Mutual Fund for 10 Years Which Have Provided Great Returns
S.No.Fund Name
1.Reliance Large Cap
2.ICICI Prudential Bluechip Equity Fund
3.ICICI Prudential Bluechip Equity Fund
4.Tata Equity P/E Fund
6 more rows
26 Aug 2022

Which fund is lowest in risk? ›

List of Best Low Risk Mutual Funds in India Ranked by Last 5 Year Returns
  • ICICI Prudential Regular Savings Fund. ...
  • ICICI Prudential Income Optimizer Fund (FOF) ...
  • L&T Balanced Advantage Fund. ...
  • Motilal Oswal Dynamic Fund. ...
  • Baroda BNP Paribas Conservative Hybrid Fund. ...
  • Franklin India Debt Hybrid Fund. ...
  • L&T Conservative Hybrid Fund.

Which Vanguard fund has the highest return? ›

The fastest growing investment fund managed by U.S. asset management company Vanguard is the Vanguard Energy Index Fund.

Which mutual fund is best for short term? ›

List of Ultra Short Mutual Funds in India
Fund NameCategoryRisk
Baroda BNP Paribas Ultra Short Duration FundDebtLow to Moderate
L&T Ultra Short Term FundDebtLow to Moderate
DSP Ultra Short FundDebtModerate
IDFC Ultra Short Term FundDebtLow to Moderate
12 more rows

Which is the best S&P 500 to invest in? ›

The 5 Best S&P 500 Index Funds
  1. Vanguard S&P 500 ETF. Founded in 2010, Vanguard S&P 500 ETF (VOO) has had an average annual return of 16.08% since, compared with 16.12% for the S&P 500. ...
  2. iShares Core S&P 500 ETF. ...
  3. Schwab S&P 500 Index Fund. ...
  4. Fidelity Spartan 500 Index Investors Shares. ...
  5. Vanguard 500 Index Fund Investors Share.
1 Sept 2022

Which is the best mutual fund for high return? ›

High Return Mutual Funds
  • Quant Mid Cap Fund Growth Option Direct Plan. ...
  • Canara Robeco Small Cap Fund Direct Growth. ...
  • Nippon India Small Cap Fund - Direct Plan - Growth Plan. ...
  • Quant Active Fund Growth Option Direct Plan. ...
  • Tata Small Cap Fund Direct Growth. ...
  • Edelweiss Small Cap Fund Direct Growth.

Which mutual fund is best for 2 years? ›

Mutual fund5 Yr. ReturnsRating
IDFC Bond Fund - Short Term Plan Regular Plan Growth7.12%NA
Edelweiss Banking and PSU Debt Fund7.47%
ICICI Prudential Short Term Fund - Direct Plan - Growth7.59%
UTI Banking & PSU Debt Fund - Direct Plan - Growth5.59%
6 more rows

Super funds continue to face a challenging economic and investment environment, though we have seen a small recovery so far over the month of July. The median balanced option is estimated to have increased by 0.9% over the first 11 days of July.

September 19, 2022/by Kirby Rappell https://www.lonsec.com.au/super-fund/wp-content/uploads/sites/3/2022/09/640px_blue-and-yellow-graph-on-stock-market-monitor-159888.jpg320640Kirby Rappell/super-fund/wp-content/uploads/sites/3/2019/08/lonsec-logo-highres-1-300x192.pngKirby Rappell2022-09-19 17:07:122022-09-19 17:07:12Media release: Slight pullback in super funds returns over AugustLeading superannuation research house SuperRatings estimates that the median balanced option delivered a return of 3.1% in July, with funds posting a strong recovery of earlier losses.. Top 10 balanced options over 12 months RankOption Name1 Year %10 Year % pa1 Hostplus – Balanced1.69.7 2 QANTAS Super Gateway – Growth0.68.1 3 Christian Super – MyEthicalSuper0.57.9 4 legalsuper – MySuper Balanced-1.08.3 5 Australian Retirement Trust – Super Savings – Balanced-1.09.0 6 Energy Super – Balanced-1.28.1 7 Aust Catholic Super & Ret – Balanced-1.27.8 8 CareSuper – Balanced-1.78.7 9 HESTA – Balanced Growth-1.88.5 10 TelstraSuper Corp Plus – Balanced-1.98.5 SR50 Balanced (60-76) Index-3.18.1 The table above also displays 10-year performance for these funds that have performed the best over the 1-year period, as super is ultimately a long-term investment and while it is interesting to compare performance over shorter-term periods, it is not the full story.. Top 10 balanced options over 10 years RankOption Name1 Year %10 Year % pa1 Hostplus – Balanced1.69.7 2 AustralianSuper – Balanced-2.79.3 3 Australian Retirement Trust – Super Savings – Balanced-1.09.0 4 Cbus – Growth (MySuper)-3.89.0 5 UniSuper Accum (1) – Balanced-4.28.9 6 CareSuper – Balanced-1.78.7 7 VicSuper FutureSaver – Growth (MySuper) Option-3.38.7 8 HESTA – Balanced Growth-1.88.5 9 Hostplus – Indexed Balanced-5.78.5 10 Aware Super – Growth-3.78.5 SR50 Balanced (60-76) Index-3.18.1 SuperRatings has for many years also looked at how bumpy or consistent a fund’s returns are over time.. – Balanced6.1 2 Hostplus – Balanced8.1 3 CareSuper – Balanced6.8 4 Cbus – Growth (MySuper)7.1 5 Mercy Super – MySuper Balanced6.8 6 BUSSQ Premium Choice – Balanced Growth6.3 7 Australian Retirement Trust – Super Savings – Balanced7.3 8 AustralianSuper – Balanced7.6 9 Prime Super – MySuper6.3 10 QANTAS Super Gateway – Growth6.8 SR50 Balanced (60-76) Index6.1 Kirby Rappell commented, “While the 2022 financial year has seen super funds record a modest fall, the benefits of diversification have shone through.. July 7, 2022/by Kirby Rappell https://www.lonsec.com.au/super-fund/wp-content/uploads/sites/3/2022/07/SR-media.jpg317634Kirby Rappell/super-fund/wp-content/uploads/sites/3/2019/08/lonsec-logo-highres-1-300x192.pngKirby Rappell2022-07-07 11:46:042022-07-08 11:17:08Media Release: $1 of Super invested in 1992 estimated to be worth $7.67 30 years after the Super Guarantee was introducedLeading superannuation research house SuperRatings estimates that the median balanced option fell by -0.9% in May, as funds face into global market headwinds.. A fall in pension returns was also determined in April, with the median balanced pension option down an estimated 1.4%, similarly the median growth option fell by 1.6%, while the median capital stable option was down an estimated -0.8%.. Pension returns have also risen in March, with the median balanced pension option up an estimated 1.2%, compared to an increase of 1.8% for the median growth option, while performance is estimated to be flat at 0.0% for the capital stable option.. Pension returns have also fallen in February, with the median balanced pension option down an estimated 1.0%, compared to a fall of 1.1% for the median growth option and 0.6% for the capital stable option.

It’s important to look at your super’s performance over the long term and look past short-term market ups and downs. Read more: June 2022 market update.

After more than a decade of growth, in which the Balanced option has delivered an average annual return of 9.3% to 30 June 2022, the past twelve months have seen considerable volatility in investment markets.. While you may have seen news headlines about large falls in share markets, it is important to remember that the balanced option is a diversified portfolio, that also invests in fixed interest, cash, infrastructure, property, private equity and credit assets.. Investing in these other asset classes, which are typically less volatile than listed shares, means that portfolio returns are cushioned from the significant volatility we are seeing in share markets.. The following chart shows us that over the last 36 years, the Balanced option has had only 4 years of negative returns.. While there can be periods of lower returns, by staying invested you have the opportunity to participate in the growth when there is a market recovery.. Despite different market events including the Global Financial Crisis and the COVID-19 Pandemic, over the long-term, markets and member balances have recovered and moved higher.. After more than a decade of economic growth, we’re expecting a shift from economic expansion to slowdown in the coming years.. After more than a decade of economic growth, we’re expecting a shift from economic expansion to slowdown in the coming years.. We’re actively looking for investment opportunities that may have been mispriced by the market in the short term and to make investments where we see long-term value.

Australians have nervously watched their super balances plummet in recent weeks off the back of stock market falls. But there are steps people can take to protect their retirement nest egg.

Since the start of the year, as a sinking share market has sparked fears among some of an imminent crash, Australians have nervously watched their super balances plummet.. Retiree Beverly Baker says she's taken "a fair hit" in her super balance because of January's share market falls.. (John Gunn) While the superannuation sector is now worth about $3.3 trillion, most Australians are invested in default superannuation accounts, largely leaving their super funds to manage their money.. He says due to recent falls on the stock market, the average loss in January was about 3.9 per cent, seeing the value of default super accounts falling by about $40 billion to about $900 billion.. Mr Dunnin says that in 2021, the Australian Stock Exchange was up about 17 per cent, which dragged super balances up by about 15 per cent.. The concern now is, with the market sinking and interest rates expected to rise, will double-digit returns for Australians with super accounts still be possible?. Roger Montgomery says in 2022, there is unlikely to be double-digit growth in market investments that lift super balances.. Mr McCrea also notes that most super funds have a balanced investment approach that includes investments in domestic shares, international shares and government bonds, as well as property and infrastructure.. He says most super funds hold about 25 per cent in foreign shares, 25 per cent in domestic stocks and then the rest of their investments are in property, infrastructure bonds and some cash in the bank.. He says with the ATO super fund comparison tool recently introduced by the federal government, it has never been easier to compare super funds and ensure they are delivering strong returns and low fees.. She says super fund members can also ensure their superannuation is invested in stocks less volatile to market fluctuations and rising interest rates.. How to stop rising rates and falling share prices hurting your super (Nassim Khadem) Mr Boulton is also trying to ride out the short-term losses and is starting to monitor his super balance more closely.

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