POWERED BY MOMENTUM MEDIA
Non-profit super funds emerge winners
The Australian Institute of Superannuation Trustees (AIST) has claimed the Australian Prudential Regulation Authority's (APRA's) release of the Statistics Superannuation Fund-level Rates of Return paints not-for-profit funds as clear winners.
Public sector funds had the strongest rate of return over the 10-year period at 7 per cent, followed by industry funds at 6.7 per cent, corporate funds at 6.5 per cent and retail funds at 4.9 per cent.
"The statistics show that of the 50 funds with top 10-year fund-level rates of return, all but two are corporate, industry and public sector funds," AIST executive manager of policy and research David Haynes said.
"This shows the significant strength of the not-for-profit superannuation industry."
He added that all but six of the 50 funds with top five-year fund level rates of return were also either corporate, industry or public sector funds.
"Looking at a fund's performance over the longer term allows members to account for investment volatility and the statistics show that not-for-profit funds are outperforming their retail counterparts."
The APRA Annual Superannuation Bulletin also showed more women are serving on superannuation boards - up from 16 per cent in 2006 to 22 per cent in 2013.
Executive manager of governance Eva Scheerlinck said the not-for-profit sector was striving towards increasing the number of women on super boards but said there was a long way to go.
"We actively encourage women in the super industry through programs such as Super Springboard - a program that provides participants with technical knowledge, skills training, a dedicated mentoring program and networking opportunities."
Recommended for you
Vanguard Super has reported strong returns across most of its investment options, attributed to a “low-cost, index-based approach”.
The fund has achieved double-digit returns amid market volatility, reinforcing the value of long-term investment strategies for its members.
Australian super funds notched a third consecutive year of strong returns, with the median balanced option delivering an estimated 10.1 per cent over the 2024-25 financial year, but an economist has warned that the rally may be harder to sustain as key risks gather pace.
AustralianSuper has reported a 9.52 per cent return for its Balanced super option for the 2024–25 financial year, as markets delivered another year of strong performance despite the complex investing environment.
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(%)
