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Profitability

Super funds 2021 returns reward members

By Staff Writer25 January 2022

Despite the political critics, superannuation proved to be a good investment destination in 2021 according to the latest data from SuperRatings showing that the median balanced option generated a return of 13.4% for the calendar year.

What is more, the SuperRatings analysis showed that since 2000, there have only been three negative calendar year returns – 2002 (-4.8%0, 2008 (-19.7%) and 2011 (-1.9%).

SuperRatings said the annualised return since 2000 sat at around 6.6% a year which is slightly ahead of fund objections of inflation plus 3% over rolling 10-year periods.

SuperRatings analysis said that the 2021 return had been driven by international shares and Australian shares, while property also supported growth in balances.

It said the top 20 performing balanced options all returned 13.9% or more to their members over the year.

Hostplus – Balanced was the top performing fund over the 2021 calendar year, returning 19.1%,  followed by QANTAS Super Gateway – Growth and Sunsuper for Life – Balanced whose balanced options which returned 18.5% and 16.5% respectively.

Top 20 balanced options over 12 months

Rank Option Name 1 Year % 10 Year % pa
1 Hostplus – Balanced 19.1 10.7
2 QANTAS Super Gateway – Growth 18.5 9.0
3 Sunsuper for Life – Balanced 16.5 10.2
4 Christian Super – MyEthicalSuper 16.0 9.0
5 TelstraSuper Corp Plus – Balanced 15.9 9.7
6 BT Super for Life – Pendal Sustainable Balanced 15.7 8.7
7 Suncorp Brighter Super Bus – Suncorp Multi-Manager Growth Fund 15.2
8 MLC MKey Business Super – Horizon 4 – Balanced Portfolio 15.1 9.3
9 AustralianSuper – Balanced 15.0 10.6
10 Plum – Pre-mixed Moderate 15.0 9.0
11 Vision SS – Balanced Growth 14.8 9.6
12 VicSuper FutureSaver – Growth (MySuper) Option 14.8 10.2
13 HESTA – Balanced Growth 14.5 9.7
14 Aware Super – Growth 14.2 9.9
15 legalsuper – Balanced 14.2 9.3
16 REI Super – Balanced 14.1 8.9
17 CFS-FC Wsale Pers – FirstChoice Wsale Multi-Index Balanced 14.0 9.0
18 Active Super – Balanced 13.9 9.1
19 CSC PSSap – MySuper Balanced 13.9 9.1
20 smartMonday PRIME – Balanced Growth – Active 13.9 9.2
SR50 Balanced (60-76) Index 13.4 9.2

 

Top 20 balanced options over 10 years

Rank Option Name 1 Year % 10 Year % pa
1 Hostplus – Balanced 19.1 10.7
2 AustralianSuper – Balanced 15.0 10.6
3 UniSuper Accum (1) – Balanced 12.5 10.6
4 Cbus – Growth (Cbus MySuper) 13.0 10.3
5 VicSuper FutureSaver – Growth (MySuper) Option 14.8 10.2
6 Sunsuper for Life – Balanced 16.5 10.2
7 Aware Super – Growth 14.2 9.9
8 CareSuper – Balanced 12.6 9.8
9 IOOF Employer Super Core – IOOF MultiMix Balanced Growth Trust 13.6 9.7
10 HESTA – Balanced Growth 14.5 9.7
11 TelstraSuper Corp Plus – Balanced 15.9 9.7
12 Prime Super – MySuper 12.3 9.7
13 Equip MyFuture – Balanced Growth 12.0 9.7
14 Vision SS – Balanced Growth 14.8 9.6
15 Mercy Super – MySuper Balanced 13.3 9.6
16 BUSSQ Premium Choice – Balanced Growth 12.5 9.4
17 Rest – Core Strategy 13.4 9.3
18 legalsuper – Balanced 14.2 9.3
19 Media Super – Balanced 12.9 9.3
20 MLC MKey Business Super – Horizon 4 – Balanced Portfolio 15.1 9.3
SR50 Balanced (60-76) Index 13.4 9.2

 

 

 

Staff Writer

Staff Writer

Financial Newswire

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Scotty
5 months ago

I find it interesting that these super funds have an asset allocation of 60-76% growth assets and are considered Balanced. Where Morningstar considers 50% growth Balanced. Wouldn’t it be great if the regulator enforced the asset profile definitions to provide certainty and constancy in the industry?