Super generates 8.1 per cent return

The latest Australian Prudential Regulation Authority (APRA) quarterly superannuation performance data has revealed an annual industry-wide rate of return for the year ending September of 8.1 per cent.

The data, released today, also recorded that the five-year average annualised rate of return was 7.3 per cent.

It said that over the September 2018 quarter, total assets increased by 1.8 per cent (or $34.9 billion) to $1.9 trillion.

Related News:

“As at the end of the September 2018 quarter, 51.5 per cent of the $1.7 trillion investments were invested in equities, with 24.7 per cent in international listed equities, 22.8 per cent in Australian listed equities and 3.9 per cent in unlisted equities,” the APRA analysis said.

“Fixed income and cash investments accounted for 31.1 per cent of investments, with 21.0 per cent in fixed income and 10.1 per cent in cash. Property and infrastructure accounted for 13.6 per cent of investments and 3.8 per cent were invested in other assets, including hedge funds and commodities.”

It said superannuation assets totalled $2.8 trillion at the end of the September quarter, with total assets in MySuper products standing at $695 billion.

Related Content

Govt pushes to pass new super reforms

The Coalition Government has called on the senate to pass its Protecting Your Super Package (PYSP) and latest Member Outcomes legislation as industry ...Read more

Super funds suffer second straight month of decline

With volatility and political uncertainty hitting the market hard recently, superannuation members have suffered their second straight month of negati...Read more

Super regulation to focus on consumers

Following a 2018 full of upheaval and policy changes taking effect, 2019 looks to be another year of technical and regulatory change for the superannu...Read more



Add new comment