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Three CFS balanced funds perform best in Q1
CFS balanced superannuation funds have dominated the first quarter returns of 2021 with the top performing fund returning 4.5%, according to data.
FE Analytics data found CFS FirstChoice Multi-Index Moderate was the top performer, followed by CFS FC WS PersonalSuper FirstChoice Multi-Index Moderate (4.44%), and CFS FC PersonalSuper FirstChoice Multi-Index Moderate (4.39%).
Responsibly invested AMP SuperLeader AMP Responsible Investment Leaders Balanced (now called AMP Capital Ethical Leaders Balanced) followed at 3.75%, and ANZ Smart Choice Super Legg Mason Diversified at 3.74%.
The sector average for the three months to 31 March, 2021, was 2%.
Top performing balanced superannuation funds during Q1 2021
Source: FE Analytics
On the other end of the scale, there was only one fund that lost returns – AXA Flexible Income Plan Matched Portfolio lost 0.67%.
Over the longer-term, it was AMP SIGS MySuper Macquarie Balanced Growth that performed the best at 52.95% over the five years to 31 March, 2021.
Two CareSuper funds followed – CareSuper Balanced and CareSuper Sustainable Balanced – at 51.91% and 51.76% respectively, and Australian Ethical Balanced Accumulation at 50.96% and AMP SignatureSuper Macquarie Balanced Growth at 50.18%.
The sector average over the five years at 32.25%.
Top performing balanced superannuation funds over the five years to 31 March 2021
Source: FE Analytics
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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(%)
