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CareSuper and AMP dominate balanced charts
Over the last five years AMP and CareSuper balanced funds have dominated the mixed asset –balanced superannuation charts with two funds each in the top five performers, according to FE Analytics data.
The data found over the five years to 31 January, 2021, the top-performing fund was Australian Super Balanced Option which returned 57.37%.
This was followed by AMP SIGS MySuper Macquarie Balanced Growth (53.16%), CareSuper Sustainable Balanced (51.77%), Caresuper Balanced (51.46%), and AMP SignatureSuper Macquarie Balanced Growth (50.1%).
The sector average during this time period was 31.7%.
Despite the sharp market sell-off in March 2020, due to the COVID-19 pandemic, all of the top funds along with the sector average have managed to regain losses.
Top five performing mixed asset balanced super funds over the five years to 31 January 2021
Source: FE Analytics
However, the start of 2021 looked difference with the top-performing fund for the sector being OnePath Integra Super Schroders Balanced at 1.36%.
This was followed by Crescent Wealth Super Balanced Option (1.19%), Crescent Wealth Balanced Global Option (0.99%), Hostplus Conservative Balanced (0.89%), and Commonwealth Select Personal Superannuation Multi Manager Moderate (0.88%).
The sector average during the first month of the year was 0.36%.
Top five performing mixed asset balanced super funds during January 2021
Source: FE Analytics
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
93.34 3 y p.a(%)
2
Global X GlobalX FANG+ ETF
37.15 3 y p.a(%)
3
GAM LSA Private Shares AU I
33.96 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
29.68 3 y p.a(%)
5
Plato Global Alpha A
28.73 3 y p.a(%)
