POWERED BY MOMENTUM MEDIA
Super returns headed for double digit FY
Australian superannuation fund members appear headed for their fifth consecutive year of positive returns following the global financial crisis, according to the latest data released by Chant West.
Chant West principal, Warren Chant said April returns had been driven by strong performances by listed shares and, in particular, listed property.
He said that in these circumstances and only two months out from the end of the financial year, it was almost certain that fund members would see a fifth consecutive positive annual return, most likely in double digits.
The Chant West data revealed that the median growth fund (61 to 80 per cent allocation to growth assets) gained 0.8 per cent in April - the eighth positive return in the 10 months of the year to date, pushing the financial year to date return to 11.4 per cent.
The Chant West analysis said that retail funds had just pipped industry funds in April, returning 0.9 per cent against 0.8 per cent for the month.
However it noted that industry funds continued to hold a convincing lead over the longer term.
Recommended for you
Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades.
Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West.
The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer.
Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets came at a cost to members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom 465 Calder Road Calder
99.46 3 y p.a(%)
2
DomaCom DFS Mortgage
95.46 3 y p.a(%)
3
Global X 21Shares Bitcoin ETF
78.55 3 y p.a(%)
4
BetaShares Crypto Innovators ETF
50.39 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
47.50 3 y p.a(%)
