The fund has delivered double-digit calendar-year returns for its MySuper balanced and growth members in 2025.
Colonial First State (CFS) has announced strong double-digit returns over the year to 31 December 2025 for members of its MySuper balanced and growth equivalent funds.
The FirstChoice Employer Super growth fund (MySuper Lifestage 1975–79) delivered an 11.6 per cent return for the calendar year, while the FirstChoice Employer Super balanced fund (MySuper Lifestage 1965–69) delivered a 10.1 per cent return.
The results follow industry-leading performance for CFS MySuper members in FY25, with independent researcher Chant West ranking CFS Lifestage options best overall for aggregated MySuper performance across one, three and five years to 30 June 2025.
“CFS has been investing Australians’ retirement savings safely and responsibly for more than 30 years and we are thrilled to have once again delivered strong investment performance for our MySuper members,” said Kelly Power, chief executive of Colonial First State Superannuation.
“Our members continue to benefit from a disciplined investment process and sustained focus on maintaining low fees,” added Power.
CFS chief investment officer Jonathan Armitage said the strong outcomes reflected a commitment to diversification and building portfolio resilience amid uncertain market conditions.
“Our performance was built on investments across a number of asset classes. It was a strong year for global shares, particularly those hedged against currency risks. Australian small companies also performed particularly well,” Armitage said.
“Our members further benefited from the astonishing performance of emerging markets, which delivered strong double-digit returns last year. Looking ahead, we do expect conditions to remain uncertain, so diversification will continue to be important,” he added.
The 2025 results mark the third consecutive year that members invested in the CFS MySuper Lifestage 1965–69 balanced and 1975–79 growth funds have achieved double-digit growth.



