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Best performing pension funds: High Growth category (81–95%)

Important

Past performance is not necessarily a guide to future performance. The returns that super funds achieve will change over time and readers should continue to monitor their fund’s performance.

All information on SuperGuide is general in nature and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate for you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.

In this article you can discover the top 10 performing High Growth pension funds over 1 year and 10 years. We recommend that you also read our explanatory article Introduction to SuperGuide’s top 10 performing super fund lists which can help you understand how to compare the different risk categories that super investment options sit within. 

What is a High Growth investment option?

Investment options with an 81–95% allocation to growth assets are termed High Growth by Chant West, a research company that has been analysing super fund performance for more than 20 years.

High Growth investment options may appeal to people who want the high return opportunities of growth assets with the slight cushioning effect of a small exposure to defensive assets.

Good to know

Investments such as shares, property, infrastructure and private equity are referred to as growth assets for their ability to produce strong returns over the long term, but they are more likely to experience volatility (and even negative returns) in shorter timeframes. Conversely, assets like cash and fixed interest are referred to as defensive assets for their ability to defend against volatility, but generally cannot produce high returns over long periods of time.

How does a High Growth investment option behave?

In the short term, investment options in the High Growth risk category may experience more volatility than a Growth-style investment, but less volatility than an All Growth-style investment.

In the long term, a High Growth-style investment option will generally grow more than a Growth-style investment option but not as much as an All Growth-style investment option.

Top 10 High Growth investment options (pension funds): 1 year to June 2025

Super fundInvestment optionReturn (per year)
LegalsuperHigh Growth17%
LegalsuperGrowth15.8%
Vanguard SuperHigh Growth15%
Prime SuperManaged Growth14.7%
AMP Super FundFuture Directions Growth14.5%
Russell Investments Master TrustGrowth14.2%
BUSSQHigh Growth14.2%
REI SuperGrowth14.1%
Mercer SuperHigh Growth14%
HostplusGrowth14%

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

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If your pension fund is not listed as one of the top performers, check where it appears in our pension fund rankings:

The median 1 year return for High Growth investment options to 30 June 2025 was 13.1%.

Median returns track the mid-point of all contenders in any one category and are a good way to add context to what you’re looking at. Once you know how your fund performed, check it against the median return for your risk category to see if it finished in the top or bottom half of the field.

You can see the median pension returns of all risk categories over a broad range of timeframes here.

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

Top 10 High Growth investment options (pension funds): 1 year to December 2024
Super fundInvestment optionReturn
Vanguard SuperHigh Growth18.4%
Team SuperHigh Growth17.1%
TelstraSuperHigh Growth17%
REI SuperGrowth16.6%
Prime SuperManaged Growth16.5%
SmartMondayGrowth16.3%
LegalsuperGrowth16.3%
AMP Super FundFuture Directions Growth16.2%
REST SuperHigh Growth15.9%
Russell Investments Master TrustGrowth15.9%

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.

Top 10 High Growth investment options (pension funds): 1 year to June 2024
Super fundInvestment optionReturn
Mine Superannuation FundHigh Growth14.1%
Brighter SuperGrowth13.4%
Prime SuperManaged Growth13.4%
Russell Investments Master TrustGrowth13.3%
GuildSuperGrowth13%
Equip SuperGrowth Plus12.8%
HESTAHigh Growth12.7%
Australian Retirement TrustGrowth (ART – Super Savings)12.6%
AMP Super FundFuture Directions Growth12.5%
Mercer SuperMercer High Growth12.3%

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.

Top 10 High Growth investment options (pension funds): 1 year to December 2023
Super fundInvestment optionReturn
Brighter SuperOptimiser Multi-Manager High Growth16.7%
Prime SuperManaged Growth15.5%
Mine Superannuation FundHigh Growth15.5%
HESTAHigh Growth14.6%
Vision SuperGrowth14.5%
Equip SuperGrowth Plus14.3%
GuildSuperGrowth14.2%
Russell Investments Master TrustGrowth14%
Cbus SuperHigh Growth14%
Aware SuperHigh Growth13.8%

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.

Top 10 High Growth investment options (pension funds): 1 year to June 2023
Super fundInvestment optionReturn
Brighter SuperOptimiser Multi-Manager High Growth16.8%
EquipGrowth Plus15.6%
HESTAHigh Growth15.5%
Mine SuperHigh Growth15.4%
Vision SuperGrowth14.9%
Catholic SuperGrowth Plus14.5%
UniSuperGrowth14.1%
Prime SuperManaged Growth14.1%
CbusHigh Growth14.0%
Catholic SuperGrowth13.9%

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.

Top 10 High Growth investment options (pension funds): 1 year to December 2022
Super fundInvestment optionReturn
Brighter SuperGrowth-1.7%
CareSuperGrowth-1.9%
Australian Retirement Trust – Super SavingsGrowth-2.2%
QantasAggressive-3.6%
RestHigh Growth-3.8%
Australian Retirement Trust – QSuperAggressive-4.0%
TelstraSuperLifestyle Growth-4.0%
MercerHigh Growth-4.8%
HESTAHigh Growth-5.0%
Legal SuperGrowth-5.2%

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.

Top 10 High Growth investment options (pension funds): 1 year to June 2022
Super fundInvestment optionReturn
QantasAggressive0.5%
Christian SuperEthical Growth Plus-0.1%
Australian Retirement TrustGrowth (Super Savings)-0.2%
Australian Retirement TrustAggressive (QSuper)-0.8%
RestHigh Growth-1.2%
TelstraSuperLifestyle Growth-1.4%
LGIAsuperAggressive-1.4%
Energy SuperGrowth-2.0%
Legal SuperGrowth-2.1%
CareSuperGrowth-2.3%

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.

Top 10 High Growth investment options (pension funds): 1 year to December 2021
Super fundInvestment optionReturn
Australian Retirement TrustGrowth (ART – Sunsuper)22.3%
TelstraSuperLifestyle Growth21.2%
SuncorpMulti-Manager High Growth20.6%
MLC Super FundHorizon 520.6%
LegalsuperHigh Growth20.1%
HostplusShares Plus19.8%
Christian SuperEthical Growth Plus19.8%
Vision SuperGrowth19.7%
Russell Investments Master TrustGrowth19.7%
REST SuperHigh Growth19.4%

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.

Top 10 High Growth investment options (pension funds): 1 year to June 2021
Super fundInvestment optionReturn
HostplusShares Plus29.8%
Cbus SuperHigh Growth28.7%
SunsuperGrowth28%
MLC Super FundHorizon 527.8%
TelstraSuperGrowth27.5%
HESTAHigh Growth27.1%
Vision SuperGrowth27.1%
AustralianSuperHigh Growth26.8%
Russell Investments Master TrustGrowth26.4%
Prime SuperManaged Growth26.1%

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.

Top 10 High Growth investment options (pension funds): 1 year to December 2020
Super fundInvestment optionReturn
SuncorpMulti-Manager High Growth11.2%
UniSuperGrowth7.9%
Vision SuperGrowth7.8%
CbusHigh Growth7.4%
AustralianSuperHigh Growth7.3%
Australian EthicalGrowth7.2%
HostplusShares Plus7.1%
Aware SuperHigh Growth6.7%
Super SAGrowth6.5%
Catholic SuperAggressive5.9%

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.

Top 10 High Growth investment options (pension funds): 1 year to June 2020
Super fundInvestment optionReturn
SuncorpMulti-Manager High Growth3.7%
UniSuperGrowth1.8%
Vision SuperGrowth1.6%
First State SuperHigh Growth1.4%
BUSSQHigh Growth1.2%
Australian EthicalGrowth0.9%
Catholic SuperAggressive0.7%
AustralianSuperHigh Growth0.7%
HostplusShares Plus0.7%
LGIAsuperAggressive0.6%

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.

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 10 High Growth investment options (pension funds): 10 years to June 2025

Super fundInvestment optionReturn (per year)
Cbus SuperHigh Growth10.3%
HostplusGrowth10.3%
Australian Retirement TrustHigh Growth10.3%
Equip SuperGrowth Plus10.1%
Prime SuperManaged Growth10.1%
Vision SuperGrowth9.9%
HESTAHigh Growth9.8%
Australian Ethical SuperHigh Growth9.7%
Aware SuperHigh Growth9.4%
REST SuperHigh Growth9.3%

Source: Chant West. The top 10 is limited to High 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 June 2025, High Growth investment options as a category delivered a median return of 9.1%. 

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 (1.2% per year), the difference builds up significantly over time due to compounding.

For example, for a 67-year-old with $500,000 in super achieving 10.3% per year, their super balance would grow to approximately $800,629 by age 75 (assuming 0.8% in fees and not withdrawing any super).

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All other things being equal, achieving 9.2% instead would mean a super balance of approximately $732,384 – approximately 9% 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.

Learn more in SuperGuide article 5 ways sequencing risk affects your retirement.

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

Top 10 High Growth investment options (pension funds): 10 years to December 2024
Super fundInvestment optionReturn (per yr)
Prime SuperManaged Growth10.6%
Australian Retirement TrustHigh Growth10.5%
Cbus SuperHigh Growth10.4%
HostplusGrowth10.3%
Equip SuperGrowth Plus10.2%
Vision SuperGrowth10.1%
AustralianSuperHigh Growth10%
HESTAHigh Growth9.9%
Aware SuperHigh Growth9.6%
REST SuperHigh Growth9.5%

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

Top 10 High Growth investment options (pension funds): 10 years to June 2024
Super fundInvestment optionReturn (per yr)
Cbus SuperHigh Growth10.3%
Prime SuperManaged Growth10.3%
Australian Retirement TrustGrowth (ART – Super Savings)10.2%
Equip SuperGrowth Plus10.2%
HostplusShares Plus10.2%
AustralianSuperHigh Growth10%
Vision SuperGrowth9.8%
HESTAHigh Growth9.7%
Australian Ethical SuperGrowth9.5%

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

Top 10 High Growth investment options (pension funds): 10 years to December 2023
Super fundInvestment optionReturn (per yr)
Cbus SuperHigh Growth10%
HostplusShares Plus9.9%
Prime SuperManaged Growth9.9%
Australian Retirement TrustGrowth (ART – Super Savings)9.8%
AustralianSuperHigh Growth9.8%
Equip SuperGrowth Plus9.6%
Vision SuperGrowth9.5%
Australian Ethical SuperGrowth9.4%
HESTAHigh Growth9.3%
Spirit SuperGrowth9.3%

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

Top 10 High Growth investment options (pension funds): 10 years to June 2023
Super fundInvestment optionReturn (% per yr)
CbusHigh Growth11.0%
EquipGrowth Plus10.7%
HostplusShares Plus10.7%
AustralianSuperHigh Growth10.7%
Prime SuperManaged Growth10.5%
Australian Retirement TrustGrowth (ART – Super Savings)10.5%
Vision SuperGrowth10.5%
HESTAHigh Growth10.4%
UniSuperGrowth10.1%
Spirit SuperGrowth10.1%

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

Top 10 High Growth investment options (pension funds): 10 years to December 2022
Super fundInvestment optionReturn (% per yr)
EquipGrowth Plus11.0%
CbusHigh Growth11.0%
Prime SuperManaged Growth10.8%
AustralianSuperHigh Growth10.8%
HostplusShares Plus10.7%
Australian Retirement Trust – Super SavingsGrowth10.5%
Australian EthicalGrowth10.5%
HESTAHigh Growth10.4%
Vision SuperGrowth10.4%
RestHigh Growth10.2%

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

Top 10 High Growth investment options (pension funds): 10 years to June 2022
Super fundInvestment optionReturn (% per yr)
CbusHigh Growth11.7%
HostplusShares Plus11.5%
AustralianSuperHigh Growth11.4%
Prime SuperManaged Growth11.2%
VicSuperEquity Growth11.1%
RestHigh Growth11.0%
HESTAHigh Growth11.0%
Australian EthicalGrowth10.9%
Australian Retirement TrustGrowth (Super Savings)10.9%
TelstraSuperLifestyle Growth10.9%

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

Top 10 High Growth investment options (pension funds): 10 years to December 2021
Super fundInvestment optionReturn (% per yr)
Australian Ethical SuperGrowth13.7%
Cbus SuperHigh Growth13.5%
UniSuperGrowth13.2%
AustralianSuperHigh Growth13.1%
HostplusShares Plus13.1%
LegalsuperHigh Growth13%
Aware SuperEquity Growth (VicSuper)13%
Aware SuperHigh Growth12.7%
Prime SuperManaged Growth12.7%
REST SuperHigh Growth12.4%

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

Top 10 High Growth investment options (pension funds): 10 years to June 2021
Super fundInvestment optionReturn (% per yr)
CbusHigh Growth12.3%
Australian EthicalGrowth12.1%
Prime SuperManaged Growth11.9%
HostplusShares Plus11.9%
UniSuperGrowth11.8%
AustralianSuperHigh Growth11.8%
Legal SuperHigh Growth11.6%
Vision SuperGrowth11.4%
Aware SuperHigh Growth11.4%
StatewideHigh Growth11.2%

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

Top 10 High Growth investment options (pension funds): 10 years to December 2020
Super fundInvestment optionReturn (% per yr)
CbusHigh Growth11.1
UniSuperGrowth10.8
HostplusShares Plus10.8
AustralianSuperHigh Growth10.6
Australian EthicalGrowth10.6
Aware SuperHigh Growth10.5
Legal SuperHigh Growth10.4
QSuperAggressive10.4
Catholic SuperAggressive10.3
Vision SuperGrowth10.3

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

Top 10 High Growth investment options (pension funds): 10 years to June 2020
Super fundInvestment optionReturn (% per yr)
QSuperAggressive10.7%
CbusHigh Growth10.6%
HostplusShares Plus10.5%
AustralianSuperHigh Growth10.4%
UniSuperGrowth10.4%
Catholic SuperAggressive10.3%
First State SuperHigh Growth10.3%
Australian EthicalGrowth10.2%
Legal SuperHigh Growth10.1%
BUSSQHigh Growth10.0%

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

© Zenith CW Pty Ltd ABN 20 639 121 403 (Chant West), Authorised Representative of Zenith Investment Partners Pty Ltd ABN 27 103 132 672, AFSL 226872 under AFS Representative Number 1280401 2020.

The data provided by Chant West is based on information supplied by third parties and does not contain all the information required to evaluate the nominated service providers, you are responsible for obtaining further information as required. The data provided by Chant West does not constitute financial product advice. However, to the extent that this data is advice it is General Advice (s766B Corporations Act) and Chant West has not taken into account the objectives, financial situation or needs of any specific person who may access or use this data. It is not a specific recommendation to purchase, sell or hold any product(s) and is subject to change at any time without prior notice. Individuals should consider the appropriateness of any advice in light of their own objectives, financial situations or needs and should obtain a copy of and consider any relevant PDS or offer document before making any decision. Data is provided in good faith and is believed to be accurate, however, no representation, warranty or undertaking in relation to the accuracy or completeness of the data is provided. Data provided is subject to copyright and may not be reproduced, modified or distributed without the consent of the copyright owner. Except for any liability which can not be excluded, Chant West does not accept any liability whether direct or indirect, arising from use of this data. Past performance is not an indication of future performance. Full details regarding Chant West’s research methodology, processes, ratings definitions are available at www.chantwest.com.au and Chant West’s Financial Services Guide is available at www.chantwest.com.au/financial-services-guide.

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IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions. Comments provided by readers that may include information relating to tax, superannuation or other rules cannot be relied upon as advice. SuperGuide does not verify the information provided within comments from readers. Learn more

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