POWERED BY MOMENTUM MEDIA
Statewide MySuper top performer over three years
Statewide Super's MySuper default investment option has been rated as the top performer nationally over three years in the SuperRatings annual SR50 MySuper Index, with a rolling three-year return of 10.42 per cent after fees and tax.
The industry median for MySuper investment options stood at 8.41 per cent.
Chief executive, Richard Nunn, said the performance was on the back of strong returns from our managers in Australian shares, unlisted core property and infrastructure.
"Our pension investment options have also performed well, with six options ranking in the top quartile over three years," he said.
The next best performer in the index was UniSuper Accumulation — MySuper Balanced, returning 10.22 per cent, while corporate MySuper fund, Rio Tinto MySuper — Growth returned 9.43 per cent over the rolling three year period.
Recommended for you
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.
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(%)
