Chant West has announced the final three award finalists for its Super Fund of the Year awards.
This included a new category for 2022, Best Fund: Responsible Investment which sought to find the best fund offering responsible investment to its members.
This included Active Super, Australian Super, Australian Ethical, Aware Super, Cbus, HESTA and UniSuper.
Chant West general manager, Ian Fryer, said: “Fund members want to make more informed decisions when it comes to their super, and this award will help define best practice and highlight those that are genuinely ‘raising the bar’ when it comes to responsible investing”.
In the Best Fund: Integrity section, AustralianSuper, Australian Retirement Trust, Cbus and Colonial First State were nominated. This category would cover those funds which were successfully meeting members’ needs and delivering on their promises.
Finally, Hostplus and TelstraSuper were shortlisted in the Best Fund: Innovation category.
The Chant West Super Fund of the Year awards would be held on 25 May in Sydney.
The super fund’s Future Saver High Growth option delivered an 11.9 per cent return for the financial year 2024–25, on the back of a diversified portfolio and actively managed investment strategy.
HESTA has delivered a 10.18 per cent return for its MySuper Balanced Growth option in the 2024–25 financial year, marking the third consecutive year of returns above 9 per cent for the $80 billion industry fund’s default investment strategy.
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Strong performance across domestic equities and infrastructure assets has seen the fund achieve solid returns for the 2024-25 financial year.