Note: The SuperGuide Investment Performance Reckoner is split into 2 Reckoners. You can discover the investment returns over 1, 3, 5, 7 and 10-year periods for the past 9 financial years, including the latest financial year. You can also discover the calendar year returns over 1, 3, 5, 7 and 10-year periods for the past 8 calendar years.
The purpose of a superannuation fund is to accumulate wealth for your eventual retirement, which means that you would want your super fund to deliver the best return possible (after fees and taxes) taking into the account the risk that you’re willing to take to get there, and any other particular needs that you may have, such as cost-effective insurance coverage.
If you’re seeking information on assessing your fund’s investment performance, then you need to be mindful of at least three factors that determine a fund’s investment performance – asset allocation, level of fees (after tax) and quality of investment management over the longer term. For example, a cash option is going to deliver a lower return over the longer term than shares or property, even though during the Global Financial Crisis, cash was king.
You can find out the specific performance of a super fund’s cash option, and other investment options on the super fund’s website, or for the median performance of the 5 main investment options available in Australian super funds you can check out the SuperGuide Superannuation Investment Performance Reckoner below, and you can choose the financial year Reckoner, or the calendar year Reckoner.
How the Superannuation Investment Performance Reckoner works: You can discover the investment returns of one or more of the 5 main investment options over 1, 3, 5, 7 and 10 years, and over multiple financial years (July to following June), including the latest financial year, or multiple calendar years (January to December), including the latest calendar year. For more detailed information on the latest financial year returns for super funds, see SuperGuide article Super funds gain 9.2% for 2017/2018 financial year. For more detailed information on the latest calendar year (January to December) returns for super funds, see SuperGuide article Super funds return 10.8% for 2017 calendar year.
Note: A poor investment performance for one year doesn’t condemn you to an underfunded retirement, and likewise a great investment performance for one year does not create a worry-free retirement balance many years down the track.
The SuperGuide Superannuation Investment Performance Reckoner is easy to use. First select the financial year version, or the calendar year version. You then just click on the select boxes. Second, choose what investment options you are interested in (you have up to 5 to choose from) and then click on the green button ‘ok’ – you can choose more than one. You then choose whether you want to look at one financial year or multiple financial years, going back as far back as the 2009/2010 financial year, and then click on the green button ‘ok’. If you are using the calendar year version, you can choose one calendar year or multiple financial years, going back as far as the 2010 calendar year.
The SuperGuide Superannuation Investment Performance Reckoner will then provide the investment returns over 1, 3, 5, 7 and 10 years for each investment option you selected, and for the selected financial years, for the selected calendar years. If you don’t select a specific timeframe, the Reckoner will give you all of the results for the current and previous years.
A return for a median fund is simply choosing the return for the fund in the middle of the list of super funds. For an explanation of a growth investment option, a balanced investment option, and a default investment option, and the other main types of investment options see SuperGuide article Superannuation investment: What is the difference between a balanced and growth option?
Note: All superannuation investment performance is sourced from superannuation ratings agency, Chant West.