Super funds gain 0.4% in April, but expect loss for 2012 financial year
The median superannuation growth fund increased 0.4% in value for the month of April, and the median fund is sitting on a gain of only 2.5% for the financial year to date (July 2011 to April 2012), according to rating company Chant West.
Super funds gain 1.6% for March 2012 (and 5.2% each year for past 10 years)
The median superannuation growth fund increased 1.6% in value for the month of March, and the median fund is sitting on a gain of only 2.3% for the financial year to date (July 2011 to March 2012), according to rating company Chant West.
Super funds gain 1.9% for February 2012 (and 9.6% each year for past 3 years)
The median superannuation growth fund increased 1.9% in value for the month of February, and the median fund is sitting on a gain of only 0.6% for the financial year to date (July 2011 to February 2012), according to rating company Chant West.
Exposing the performance history of Australia’s largest 200 super funds
APRA has released its latest report on the performance of Australia’s largest 200 super funds for the years 2004 to 2011. The report also provides average returns for the 200 super funds over a 5-year period and 8-year period to June 2011.
Super funds gain 2.5% for January 2012 (but lose 1.4% for year to date)
The median superannuation growth fund jumped 2.5% in value for the month of January, although the median fund is sitting on a loss of 1.4% for the financial year to date (July 2011 to January 2012), according to rating company Chant West.
Top 10 performing super funds for 2011 calendar year
Investment returns/losses for the growth investment options within super funds ranged from a low of -4.8% through to a high of 2.6%, according to figures released by rating company Chant West.
Super funds lose 2% for 2011 year (12 months to December 2011)
The median superannuation growth fund lost 2% in value for the 2011 calendar year, although the median fund is sitting on a gain of 2% for the 3 months to December 2011, according to rating company Chant West.
Super funds gain 3.1% for October 2011 (but lose 2.4% for year to date)
The median superannuation growth fund gained 3.1% in value for the month of October, although still sitting on a loss of 2.4% for the financial year to date (that is 4 months, from July 2011 through to 31 October 2011), according to rating company Chant West.
Comparing super funds: Check out the cheapest funds
Rating agency, SelectingSuper has conducted some nifty research on the fees that super funds charge, and in generous fashion SelectingSuper regularly releases the highlights of this research for free access by the general public.
Investment performance: Benchmarking super fund returns
Q: I am 62 years, retired and draw an allocated pension. What I need is to get sound independent advice about whether I am in the best fund for my needs and how my super fund compares.
Super funds lose 5.1% in 3 months (to September 2011)
The median superannuation growth fund lost 1.9% of value for the month of September, and has suffered a depressing loss of 5.1% for the financial year to date (that is 3 months, from July 2011 through to 30 September 2011), according to rating company Chant West.
