Best performing pension funds: All Growth category (96–100%)

In the short term, investment options in the All Growth risk category will generally be the most volatile of all risk categories. This means its capacity for high returns is generally more than all other risk categories, but it also means its capacity for downturns and more extreme negatives is more likely. 

In the long term, an All Growth investment option will generally have the capacity to grow more over longer periods than investment options in any other risk category. 

Top 5 All Growth investment options (pension funds): 1 year to December 2021

Source: Chant West. The top 5 is limited to All Growth options with assets of $1 billion or more. Performance is shown net of investment fees and tax, and before administration and adviser commissions.

• Pension fund rankings: All Growth category (96–100%)
• Pension fund rankings: High Growth category (81–95%)
• Pension fund rankings: Growth category (61–80%)
• Pension fund rankings: Balanced category (41–60%)
• Pension fund rankings: Conservative category (21–40%)

2020-21 was a roller coaster year for superannuation and the global economy in general, but the median 1 year return for All Growth investment options across the board was 29.7%.

Below you can find the top 5 performing All Growth investment options over 1 year for previous time periods. Click the arrow to see the top 5 for each period, or continue reading to discover the top 5 performing All Growth investment options over 10 years.

Playing the long game

It’s important to keep an eye on how your pension is performing for you year to year (and interesting to see how other funds have performed), but for most people, superannuation will be the longest-held investment we ever have, and our lens on super should reflect that. 

Longer-term figures are more significant because they incorporate the ups and downs over that entire period, and allow us to see which investment managers can consistently deliver superior performance, regardless of changing external conditions. 

Top 5 All Growth investment options (pension funds): 10 years to December 2021

Source: Chant West. The top 10 is limited to All Growth options with assets of $1 billion or more. Performance is shown net of investment fees and tax, and before administration and adviser commissions.

Again median figures can provide good context. In the ten-year period to December 2021, All Growth investment options as a category delivered a median return of 13.0%. 

A small difference in performance makes a big difference over time

Although the difference between the top performer and the median may not seem that significant (1.6% per year), the difference builds up significantly over time due to compounding. We have developed the SuperGuide Super fees and returns calculator to help readers understand the difference the fees they pay and projected returns may make over time.

For example, for a 67-year-old with $500,000 in super achieving 14.6% per year, their super balance would grow to approximately $3,065,930 by age 85 (assuming 0.8% in fees and not withdrawing any super) .

All other things being equal, achieving 13.0% instead would mean a super balance of approximately $2,358,560– a difference of $707,370 or approximately 23% less.

But don’t forget sequencing risk

When you are nearing or in retirement it is important to allow for sequencing risk, particularly if you need to draw down a significant part of your super balance.

Below you can find the top 10 performing All Growth investment options over 10 years for previous time periods. Click the arrow to see the top 10 for each period.