Highest annual MySuper return since 2020/21

Staff Writer

Financial Newswire

7 August 2025

Despite the geopolitical uncertainty and market volatility MySuper default-type superannuation funds generated a third consecutive financial year of positive performance and the highest annual return since 2021, according to Rainmaker.

In analysis released this week, the Rainmaker MySuper index delivered 10.6% for the financial year.

It said the MySuper performance for 2024/25 reflected a robust year built on consistent monthly gains, with only three months recording negative returns.

It said the highest monthly return of 2.5% occurred in November, last year, while the lowest of negative 2.1% was recorded in March, this year.

Commenting on the index, Rainmaker executive director of research, David Gallagher said the past three years of annual performance had been one of the most consistent periods of the past decade.

“The increasing international equities exposures by funds have also been a strong contributor to total returns, as has the depreciation of the Australian dollar relative to the US dollar.”

“Notwithstanding the economic challenges globally, MySuper assets have continued to grow at above average historical levels since the global pandemic, more than outpacing above average inflation in the same period,” Gallagher said.

Rainmaker noted that there are 15 million MySuper accounts holding $1.1 trillion and that there were strong positive returns posted by all asset classes but much of the heavy lifting was done by equities.