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Asia Pacific ex Japan super funds outshine Aussie equities
It was much better to be invested in an Asia Pacific ex Japan equity focused superannuation fund than an Australian equity focused fund during the COVID-19 pandemic, according to data.
According to FE Analytics, the sector average return for the Asia Pacific ex Japan funds during 2020 was 18.73% compared to 2.21% for the Australian equity funds.
Asia Pacific ex Japan equity super fund sector v Australian equity super fund sector in 2020
Source: FE Analytics
All of the average Asia Pacific ex Japan funds also managed to recover the March sell-off losses and continued to deliver returns while the average Australian equity fund did not recover losses.
The top-performing Asia Pacific ex Japan fund was ANZ ASA BT Wholesale Asian Share Manager with a return of 25.85%.
This was followed by MLC MK Business Super Platinum Asia at 25.37%, CFS FC W PersonalSuper Platinum Wholesale Asia at 24.55%, CFS Platinum Asia Select at 24.4%, and CFS FC PersonalSuper Platinum Asia at 24.16%.
Top-performing Asia Pacific ex Japan equity super funds v sector in 2020
Source: FE Analytics
At the other end of the scale the poorest performing fund was AMP Flex LifetimeSuper and CustomSuper Future Directions Asian Share at 5.97%, which still beat the average Australian equity fund.
This was followed by AMP Flexible Super Super Future Directions Asian Share at 6.47%, AMP SignatureSuper Future Directions Asian Share at 6.75%, CFS FC PersonalSuper FirstChoice Asian Share 9.98%, and CFS FC W PersonalSuper FirstChoice Wholesale Asian Share at 10.32%.
Bottom performing Asia Pacific ex Japan equity super funds v sector in 2020
Source: FE Analytics
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
