Australian Super Funds - Best Investment Returns over 1 and 10 Years
Listed below are the Top 10 best performing balanced Super funds over the financial year ending June 30, 2019 according to SuperRatings.
Fund and Option
|
Return over One Year to June 30, 2019 |
UniSuper Accum (1) - Balanced
|
9.9%
|
QSuper - Balanced
|
9.7%
|
Media Super - Balanced
|
8.8%
|
AustralianSuper - Balanced
|
8.7%
|
SunSuper for Life - Balanced
|
8.6%
|
Mercy Super - MySuper Balanced
|
8.2%
|
VicSuper FutureSaver - Growth (MySuper) Option
|
8.2%
|
First State Super - Growth
|
7.7%
|
CSC PSSap - MySuper Balanced
|
7.7%
|
MTAA Super - My AutoSuper
|
7.7%
|
In contrast, SuperRatings found that in the ten years to June 30, 2019 the median balanced returned was 6.9% on an annualised basis, slightly down on the average annual return of 7.3% since the introduction of a compulsory superannuation guarantee (SG) payment in 1992. The ten best performing balanced funds over the last 10 years appear in the Table below. The important thing to note - apart from several funds appearing in both lists, which says something for the robustness of their investment processes - is that 2018/19 has still been a very good year for super returns, despite negative investment returns in the early part of the year.
Fund and Option
|
Return over 10 Years to June 30, 2019 |
AustralianSuper - Balanced
|
9.8%
|
Hostplus - Balanced
|
9.7%
|
UniSuper Accum (1) - Balanced
|
9.6%
|
Cbus - Growth (Cbus MySuper)
|
9.4%
|
CareSuper - Balanced
|
9.3%
|
QSuper - Balanced
|
9.3%
|
Mercy Super - MySuper Balanced
|
9.2%
|
VicSuper FutureSaver - Growth (MySuper) Option
|
9.2%
|
TelstraSuper Corp Plus - Balanced
|
9.1%
|
SunSuper for Life - Balanced
|
9.1%
|