Super growth funds return highest since 1993
Superannuation funds had a stellar 2013 with median growth funds returning 18 per cent over the calendar year, the highest since 1993.
The highest quarterly return was recorded in September at 5.1 per cent, while June held the lowest quarterly result at 2.3 per cent. The first quarter produced a solid 4.7 per cent, Morningstar Australian Superannuation Survey revealed.
Two negative medians were recorded over the year, with March at -0.3 per cent and June at 0.8 per cent.
Longer-term annualised returns were 9.2 per cent (three years), 9.6 per cent (five years), and 7.0 per cent (10 years to 31 December, 2013).
The survey, published today in interim form, looked at both commercial for-profit and industry superannuation options.
Growth assets were a mixed bag in December, with Australian listed property at -1.3 per cent, global listed property at 0.2 per cent, Australian shares at 0.8 per cent and international shares at 4.4 per cent.
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
225.31 3 y p.a(%)
2
Loftus Peak Global Disruption Fund Hedged
120.73 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
72.47 3 y p.a(%)
4
Paradice Australian Mid Cap A
69.09 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
61.94 3 y p.a(%)
