Note: The ATO publishes an annual report about SMSFs for each financial year. This article covers the latest SMSF performance data available from the ATO, as at January 2014. The ATO will provide updated performance data (for year ending 30 June 2013) in early 2015.
A common argument put forward against individuals starting a self-managed super fund is that budding SMSF trustees could lose their hard-earned super savings through inexperienced investing, and bad investment decisions. Until relatively recently, there wasn’t much evidence confirming or denying this ‘world view’ mainly proffered by the large super fund sector.
The ATO now publishes SMSF performance data and the real story is quite startling. SMSFs have outperformed the large fund sector (corporate, industry and retail funds) in four years out of six.
SMSFs outperformed large super funds for the four years ended 30 June 2007, 30 June 2008, 30 June 2009 and 30 June 2012, but large super funds performed better for the years ended 30 June 2010 and 30 June 2011.
|Financial year||SMSFs (%)||Large funds (%)||Outperformer|
|2008||-5.9% (loss)||-8.1% (loss)||SMSF|
|2009||-6.7% (loss)||-11.5% (loss)||SMSF|
Note: While the methodology used to estimate SMSF performance resembles APRA’s, the data collected is not the same. The data in the table above is sourced from four ATO reports: SMSFs – A statistical overview 2011-2012, SMSFs – A statistical overview 2010-2011, SMSFs-A statistical overview 2009-10, and SMSFs – A statistical overview 2008-09.
Source: Table created by SuperGuide using ATO performance data.
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- Asset classes: Naming the investment winners for the 2013 calendar year
You can also check out the following ATO reports on the ATO website:
- Self-managed super funds: A statistical overview 2011-12
- Self-managed super funds: A statistical overview 2010-11
- Self-managed super funds: A statistical overview 2009-10
- Self-managed super funds: A statistical overview 2008-09
Copyright for this article belongs to Trish Power, and cannot be reproduced without express and specific consent.