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Solid October for superfunds
Global equities produced the best return for growth assets in super funds for the month of October, helping the median growth fund record a solid gain of 3.2 per cent for the month, according to Morningstar.
Global equities posted a 6.3 per cent return, followed by global listed property (5.7 per cent), Australian listed property (5.0 per cent), and Australian shares (4.4 per cent).
Overall, median results over the longer term were 7.7 per cent over the year, 11.4 per cent over the three years, and 8.6 per cent over the five years to 31 October 2015.
The best performing growth super funds over the year to 31 October were AMP Balanced Growth (10.2 per cent), AMP Capital Balanced (9.4 per cent), and MLC Growth (9.2 per cent).
The best performing balanced (40 to 60 per cent growth assets) superfunds over the same period were BT Balanced Returns (8.4 per cent), AMP Capital Moderately Conservative (7.8 per cent), and AMP Moderate Growth (7.7 per cent).
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Global X GlobalX FANG+ ETF
33.51 3 y p.a(%)
2
Spire Oaktree Opportunities XI Second Close
32.68 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.62 3 y p.a(%)
4
Spire Oaktree Opportunities XI First Close USD
31.36 3 y p.a(%)
5
Fidante Credit Suisse Global Private Equity
29.60 3 y p.a(%)
