POWERED BY MOMENTUM MEDIA
Industry funds on top again
Despite a generally positive 12 months for listed markets, particularly international equities, industry funds again outperformed retail funds for the year ended 30 June, according to the latest data from Chant West.
According to the Chant West analysis, industry funds returned 11.1 per cent compared to 9.7 per cent for industry funds and also held the advantage over the medium longer term, ahead between 0.7 per cent and 1.4 per cent.
The Chant West analysis of the full financial year revealed that funds had delivered their eighth consecutive year of positive returns, with the median growth fund up 10.7 per cent for 2016/17.
The company’s said that, among the major funds, double digit returns were common with HOSTPLUS taking top spot with 13.2 per cent, and even the worst performing fund in our growth category delivering a respectable 7.4 per cent.
Commenting on the result, Chant West director, Warren Chant said it had been an interesting and in some ways surprising year because the strong result had been achieved against a backdrop of considerable uncertainty, both political and economic.
“It just shows how markets – which represent the combined views of thousands of professional investors – are able to cut through the ‘noise’ and focus on the investment fundamentals,” he said.
The Top 10 Performing growth funds were:
| HOSTPLUS Balanced | 13.2 per cent |
| AustralianSuper Balanced | 12.4 per cent |
| Sunsuper Balanced | 12.3 per cent |
| First State Super Growth | 12.3 per cent |
| Intrust Balanced | 12.1 per cent |
| Cbus Growth (Cbus Mysuper) | 11.9 per cent |
| Kinetic Super Growth | 11.9 per cent |
| Catholic Super Balanced (MySuper) | 11.8 per cent |
| Vision Super Balanced Growth | 11.7 per cent |
| Energy Super Balanced | 11.7 per cent |
Recommended for you
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
Does the ATO allow an SMSF to be wound up (dissolved) and funds transferred to a super fund manager (whether retail or industry). That is so the amount does not have to exit super environment and reenter ??