News
21.11.12

SUPER FUNDS SET TO POST STRONG 2012 CALENDAR YEAR RETURNS

SUPER FUNDS SET TO POST STRONG 2012 CALENDAR YEAR RETURNS

October continued super funds' resurgence in 2012, with a 0.9% return for the month being the 9th positive monthly return this calendar year.

However, this has been tempered by equity markets contributing to a loss of around 1% for funds so far in November, leaving the Calendar year-to-date return at 8.3%. Barring a market meltdown in the last 6 weeks of the calendar year, it looks like Australians will enjoy their best return since 2009, which will easily outpace inflation and be some 10% higher than the -1.9% loss posted during the course of 2011.

The strong performance so far in 2012 has been driven by Australian and International Share options, which have delivered returns of 9.6% and 8.3% respectively. As can be seen below, the 2012 return of 8% plus is set to easily eclipse the 10 year rolling median return of 6.2% per annum.

Click here for the latest SUPERRATINGS report on superannuation funds outcomes