POWERED BY MOMENTUM MEDIA
CareSuper and AMP dominate balanced charts
Over the last five years AMP and CareSuper balanced funds have dominated the mixed asset –balanced superannuation charts with two funds each in the top five performers, according to FE Analytics data.
The data found over the five years to 31 January, 2021, the top-performing fund was Australian Super Balanced Option which returned 57.37%.
This was followed by AMP SIGS MySuper Macquarie Balanced Growth (53.16%), CareSuper Sustainable Balanced (51.77%), Caresuper Balanced (51.46%), and AMP SignatureSuper Macquarie Balanced Growth (50.1%).
The sector average during this time period was 31.7%.
Despite the sharp market sell-off in March 2020, due to the COVID-19 pandemic, all of the top funds along with the sector average have managed to regain losses.
Top five performing mixed asset balanced super funds over the five years to 31 January 2021
Source: FE Analytics
However, the start of 2021 looked difference with the top-performing fund for the sector being OnePath Integra Super Schroders Balanced at 1.36%.
This was followed by Crescent Wealth Super Balanced Option (1.19%), Crescent Wealth Balanced Global Option (0.99%), Hostplus Conservative Balanced (0.89%), and Commonwealth Select Personal Superannuation Multi Manager Moderate (0.88%).
The sector average during the first month of the year was 0.36%.
Top five performing mixed asset balanced super funds during January 2021
Source: FE Analytics
Recommended for you
Australia’s largest superannuation fund has confirmed all members who had funds stolen during the recent cyber fraud crime have been reimbursed.
As institutional investors grapple with shifting sentiment towards US equities and fresh uncertainty surrounding tariffs, Australia’s Aware Super is sticking to a disciplined, diversified playbook.
Market volatility continued to weigh on fund returns last month, with persistent uncertainty making it difficult to pinpoint how returns will fare in April.
The Association of Superannuation Funds of Australia (ASFA) has called for the incoming government to prioritise “certainty and stability” when it comes to super policy.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
90.28 3 y p.a(%)
2
GAM LSA Private Shares AU I
37.08 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.44 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.12 3 y p.a(%)
5
Global X GlobalX FANG+ ETF
28.28 3 y p.a(%)
