Australian property super funds beat global counterparts

2 February 2021
| By Jassmyn |
image
image
expand image

While superannuation members in Australian property funds beat out those in global property funds, only 16% of those funds actually made a return in 2020, according to data.  

FE Analytics data found that the Australian property superannuation sector average lost 3.38% compared with the global property super sector average that lost 9.7% last year.  

Australian property super sector v global property super sector returns in 2020 

Source: FE Analytics 

Only eight funds out of 110 in the Australian property super sector managed to make a return. 

Four of the five top performing funds were Ironbark funds. These were CFS FirstChoice Ironbark Wholesale Property Securities PersSuper (3.46%), CFS FirstChoice Personal Super Ironbark Property Securities (3.29%), Suncorp Brighter Super Personal Ironbark Paladin Property Securities (3.09%), CFS Ironbark Property Securities Select (2.64%), and TelstraSuper Property (2.17%). 

Top performing Australian property super funds in 2020 

Source: FE Analytics 

The only fund that managed to recover losses from the March sell-off induced by the COVID-19 pandemic was the TelstraSuper fund, which was up 0.15% by the end of the year from its previous highest point in February. 

At the other end of the scale it was Freehold Pinnacle Illiquid Property that lost the most during the year at 14.84%. This was followed by OnePath Life DIY Super Property Securities NEF (-14.57%), OnePath DA Property Securities Superannuation (-14.53%), OnePath Life DIY Super Property Securities EF (-14.19%), and OnePath OA Personal Super Onepath Property Securities NEF (-14.17%). 

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. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week 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 ...

11 months 1 week ago

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce opposition from the Co...

22 hours 56 minutes ago

Demand from institutional investors was the main driver of growth in Australia’s responsible investment (RI) market in 2023, as the industry continued to gain momentum....

23 hours ago

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges....

1 day ago