When sharemarkets fall and people start panicking, it’s easy to think the best solution is to sell your investments or swap out of your super fund investment option. But it’s a decision that could cost you dearly.
The Coronavirus pandemic is taking the world into unchartered waters, both in terms of public health and personal wealth.
Another strong performance from global sharemarkets in November has set up younger members of lifecycle funds for bumper returns in the 2019 calendar year.
Noel Whittaker, Scott Pape and other experts discuss how to think about the Coronavirus in relation to your super and retirement.
Over the last couple of weeks the major super funds have generally been proactive in communicating with their members about what the recent Coronavirus-related sharemarket falls mean for Australians and their super. In this article we’ve summarised some of the key points that the major super funds have been passing on to members.
In our reckoner below you can view the median monthly investment returns for 5 superannuation investment options. We’re grateful to Chant West for providing the statistics that power the reckoner.
Widespread sell-offs in the share and property markets meant super funds dropped significantly in February. According to super research house Chant West the median growth fund (61-80% in growth assets) fell 3.1% in February and has dropped a further 10.5% in March to date.
Stock markets have crashed, we can be confident of that. History suggests there is no quick recovery from crashes like these, which means lasting consequences for investors.
Superannuation pension funds provided retirees with stellar returns in 2019, leaving many retirees with more in their fund at the end of the year even after withdrawing pension income.
On the surface, industry funds have a lot in common. Not only have they outperformed retail funds, but they have also pioneered largescale investment in unlisted assets. Is that the secret to their success or is there more going on?
Hostplus and AustralianSuper cemented their position in the top two spots with average annual returns over the last 10 years of 9.2% and 9% respectively. The top 10 consists entirely of industry funds, beating all retail and corporate funds.
The top performers over the last calendar year were International Shares, Australian shares, Global Listed Infrastructure, Global Listed Property and Australian Listed Property. However, all asset classes produced positive returns with cash bringing up the rear.
Super funds defied all expectations in 2019, recording their best calendar year since 2013. The median growth fund returned 14.7%, capping an eight-year run of positive returns.
In the reckoners below you can view the median super fund returns for 1, 3, 5, 7, 10 and 15 years across five different investment options.
SuperGuide’s Asset Sector Performance reckoner allows you to compare the investment performance of various asset classes over the short, medium and long term. The reckoner covers 12 asset classes over 1, 3 and 5 years and, where available, also over 7, 10 and 15 years.