Note: This article lists the 30 top-performing super funds over 5 years to 31 December 2018. For the top-performing pension (retirement) funds, see SuperGuide article Super performers! Top 30 pension (retirement) funds over 5 years.
The investment performance articles on the SuperGuide website are some of the most popular articles for our readers. The table contained in this article clearly demonstrates which super funds have delivered the top returns for Australian fund members over the past 5 years (for super savings invested in the balanced/growth style option).
We thank SuperRatings for providing the data contained in this article, and for the data set out in the table below.
Note: The balanced options listed in the table below, are generally the default investment options for super fund members, that is for those super fund members who do not actively choose an investment option. The default option is sometimes described as a growth option, and for the purposes of this article and the table below, it represents any investment option that holds 60% to 76% of all assets in growth assets, such as listed shares and property (for more information on this type of investment option, see SuperGuide article Superannuation investment: What is the difference between a balanced and growth option?).
The top-performing super fund over 5 years is…
The award for the top-performing balanced investment option over the 5-year period to 31 December 2018, delivering an average annual return of 8.3% over the 5 years, belongs to industry super fund, HOSTPLUS, according to SuperRatings. The specific investment option was HOSTPLUS – Balanced.
You can find the performance rankings for the top 30 super funds in the table below, but briefly, QSuper – Balanced came in second with an average annual return over 5 years to 31 December 2018 of 8.0%, and Cbus – Growth (Cbus MySuper) came third with an average annual return over 5 years to 31 December 2018 of 7.9%.
The industry fund, Australian Super – Balanced came fourth with an average annual return of 7.8% over 5 years, and industry fund MTAA Super – My AutoSuper, came fifth with an average annual return of 7.6% over the 5-year period to 31 December 2018.
Three super funds, Sunsuper for Life – Balanced, Mercy Super – MySuper Balanced, MTAA Super – My AutoSuper, and UniSuper Accum (1) – Balanced, came sixth, seventh, and eighth respectively, with an average annual return of 7.5% over the same period.
Note: Due to rounding to one decimal place, the 3 super fund options delivered the same average annual return of 7.5%, but rankings are based on more precise, unrounded figures, according to rating company, SuperRatings.
Ninth and tenth respectively in the performance stakes, with an average annual return of 7.4% over 5 years, was CareSuper – Balanced, and Intrust Core Super – MySuper. Catholic Super – Balanced (MySuper) came 11th with an average annual return of 7.3% over 5 years to 31 December 2018.
Four industry super funds landed in 12th, 13th, 14th and 15th place respectively with an average annual return of 7.2% over 5 years to 31 December 2018 (BUSSQ Premium Choice – Balanced Growth, Equip MyFuture – Balanced Growth, HESTA – Core Pool, and Media Super- Balanced.
Again, due to rounding to one decimal place, the super fund options mentioned above may have delivered the same average return year over 5 years as another super fund, but the more precise returns provide the different ranking.
The remaining 15 super funds in the top 30 performing super funds delivered an average annual return ranging from 7.1% down to 6.2% over the 5 years to 31 December 2018. See table below for more information.
The top-performing super fund over 10 years is…
QSuper is the top-performing super fund over 10 years to 31 December 2018, with an annual average return of 8.6%, according to SuperRatings. The second-top performing super fund was TelstraSuper Corp Plus – Balanced delivering an average annual return of 8.5% over 10 years.
The third, fourth, fifth and sixth top-performing super funds, delivering an average annual return of 8.4% over 10 years to 31 December 2018, was AustralianSuper – Balanced, UniSuper (1) Accum – Balanced, REST – Core Strategy, and CareSuper – Balanced, respectively.
The top-performing super funds over 10 years do not appear in the table below, but you can find more information about the top 10 performing funds over 10 years for the latest calendar year, in SuperGuide article Top 10 performing super funds over 15 years (to 31 December 2018). For the top 10 performing funds over 10 years for the latest financial year, see SuperGuide article Top 10 performing super funds over 10 years (to 30 June 2018).
All-star super performer award goes to…
What is especially interesting is that the top-performer over 5 years, HOSTPLUS – Balanced (8.3% p.a.), is also ranked as the top-performer over 3 years (8.4%), and over 7 years (10.1% p.a.). Over 10 years however, HOSTPLUS – Balanced ranked eighth with 8.3% p.a. to 31 December 2018, and over 12 months, ranked seventh with 2.2%.
The glory does not belong to HOSTPLUS alone, because second-ranking super fund over 5 years, QSuper, was the top performer over 10 years to 31 December 2018 (average annual return of 8.6%) and the top performer over the 12 months to 31 December 2018 (2.6%), based on data provided by SuperRatings (and not appearing in the table below).
The table below lists the top 30 performing balanced investment options for the 5-year period to 31 December 2018, according to superannuation rating agency, SuperRatings.
At the end of this article, you can find links to other interesting articles, including the top 30 performing pension (retirement) funds for the 5-year period to 31 December 2018, the best-performing asset classes, and the cheapest super funds.
Top 30 balanced (60-76) investment options over 5 years (to 31 December 2018) – Ranked by 5-year performance
|Ranking||Name of super fund||Fund type||Anyone can join (Y/N)||5 years: per annum (%)||Fees per $50,000|
|1||HOSTPLUS – Balanced||Industry||Y||8.3%||$608|
|2||QSuper – QSuper Balanced||Public Sector||Y||8.0%||$475|
|3||Cbus – Growth (Cbus MySuper)||Industry||Y||7.9%||$538|
|4||AustralianSuper – Balanced||Industry||Y||7.8%||$408|
|5||MTAA Super – My AutoSuper||Industry||Y||7.6%||$508|
|6||Sunsuper for Life – Balanced||Industry||Y||7.5%||$563|
|7||Mercy Super – MySuper Balanced||Corporate||N||7.5%||$636|
|8||UniSuper Accum (1) – Balanced||Industry||N||7.5%||$366|
|9||CareSuper – Balanced||Industry||Y||7.4%||$673|
|10||Intrust Core Super – MySuper||Industry||Y||7.4%||$568|
|11||Catholic Super – Balanced (MySuper)||Industry||Y||7.3%||$769|
|12||BUSSQ Premium Choice – Balanced Growth||Industry -Personal||Y||7.2%||$598|
|13||Equip MyFuture – Balanced Growth||Industry||Y||7.2%||$422|
|14||HESTA – Core Pool||Industry||Y||7.2%||$555|
|15||Media Super – Balanced||Industry||Y||7.2%||$555|
|16||Club Plus Super– MySuper||Industry||Y||7.1%||$599|
|17||VicSuper FutureSaver – Growth (MySuper) Option||Industry||Y||7.0%||$563|
|18||Vision SS – Balanced Growth||Industry||Y||6.9%||$582|
|19||Energy Super – Balanced Option||Industry||Y||6.9%||$582|
|20||First State Super – Growth||Industry||Y||6.7%||$527|
|21||NGS Super – Diversified (MySuper)||Industry||Y||6.7%||$670|
|22||CSC PSSap – MySuper Balanced||Public Sector||N||6.7%||$575|
|23||Local Government Super Accum – Balanced Growth||Industry||N||6.6%||$711|
|24||AMIST Super – Balanced||Industry||Y||6.5%||$468|
|25||REI Super – Balanced||Industry||Y||6.4%||$661|
|26||Telstra Super Corp Plus – Balanced||Corporate||N||6.4%||$603|
|27||MLC MKey – Horizon 4 – Balanced Portfolio||Master Trust – Corporate||Y||6.4%||$908|
|28||REST – Core Strategy||Industry||Y||6.2%||$498|
|29||TWUSUPER – Balanced*||Industry||Y||6.2%||$808|
|30||LGIAsuper Accum – Diversified Growth||Industry||Y||6.2%||$535|
|SR50 Balanced (60-76) Index||6.4%|
*Interim results for TWUSUPER
Source and notes for Table
Source: Table created by SuperGuide with data supplied by SuperRatings. The returns quoted in the performance tables are after tax, net of investment management fees (including net of implicit asset-based administration fees). This includes management and administration fees that are deducted before returns are credited to members account. Fees refer to the annual fees on a $50,000 balance and include percentage-based administration fees, member fees, investment management fees (including performance-based fees), indirect cost ratios and taxes.
Table note one: While performance data is shown to one decimal place, rankings are based on more precise, unrounded data.
Table note two: The term 60-76 represents the percentage of growth assets (such as shares and property) in the investment portfolio.
Table note three: Fees per $50,000 balance refers to annual fees on a $50,000 balance as at 31 December 2018. Fees include percentage-based administration fees, member fees, investment management fees (including performance-based fees) and taxes but exclude any applicable employer size rebates.
For more information…
For more information on the top-performing superannuation funds for the latest calendar year (and previous calendar years) see the following SuperGuide articles:
- Top 10 performing super funds for 2018 calendar year (and previous years)
- Top 10 performing super funds over 15 years (to 31 December 2018)
- Asset classes: Naming the investment winners for the 2018 calendar year (and previous years)
- Super funds return 0.8% for 2018 calendar year
- Super fees: Top 10 cheapest funds in Australia
For more information on the top-performing superannuation funds for the latest financial year (and previous financial years) see the following SuperGuide articles:
- Retirement performers! Top 30 pension funds over 5 years
- Top 10 performing super funds for 2017/2018 financial year (and previous years)
- Top 10 performing super funds over 10 years (to 30 June 2018)
- Asset classes: Naming the investment winners for the 2017/2018 financial year (and previous years)
- Super funds gain 9.4% for 2017/2018 financial year
- Super fees: Top 10 cheapest funds in Australia