Super funds 2021 returns reward members

Staff Writer

Financial Newswire

25 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.