POWERED BY MOMENTUM MEDIA
Website tool to track super asset allocation
Energy Super has released a website tool that allows members to track which asset classes their super investment is going into.
The tool lets members see which particular properties, infrastructure, equities, government bonds and other assets their super is going into.
It also shows each asset class' managers, the funds underlying investments and value.
Energy Super CEO Robyn Petrou said the tool increases accountability and transparency.
"Members have been really surprised and interested to learn that their super is actually invested the Gold Coast Airport or Townsville Airport that they use, or the Brisbane CBD office buildings that their friends work in," Petrou said.
Petrou also said the tool is a way to get members engaged, as they no longer just see their super account as a lump of money but a portfolio of assets.
For the fund's Australian and international equities, each security is listed, with the number of units and market value as it stands at the most recent reporting period.
For fixed interest investments, each institution is listed along with the aggregated issuer value, rate and maturity range.
Recommended for you
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.
The fund has unveiled reforms to streamline death benefit payments, cut processing times, and reduce complexity.
A ratings firm has placed more prominence on governance in its fund ratings, highlighting that it’s not just about how much money a fund makes today, but whether the people running it are trustworthy, disciplined, and able to deliver for members in the future.
AMP has reached an agreement in principle to settle a landmark class action over fees charged to members of its superannuation funds, with $120 million earmarked for affected members.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
