Asia Pacific ex Japan super funds outshine Aussie equities

4 February 2021
| By Jassmyn |
image
image
expand image

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

 

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 1 month ago
Kevin Gorman

Super director remuneration ...

1 year 1 month ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 1 month ago

While the controversial measures have received little support in the Senate, the think tank has said Division 296 would “make the nation’s super system fairer”....

10 hours ago

In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super...

10 hours ago

With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board. ...

10 hours ago

TOP PERFORMING FUNDS