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Super funds spring back to positive returns for May
Australian superannuation funds have bounced back into positive territory on the back of Australian listed property's standout performance among asset classes in May, according to a Morningstar survey.
The asset class posted a return of 29.7 per cent, followed by global shares (29.2 per cent), global listed property (14.8 per cent), and Australian shares (9.9 per cent).
The super funds returned a median growth of one per cent from a range of 1.6 to 0.2 per cent. Over the longer term, the medians were 12.4 per cent over the year, 14.1 per cent over three years, and 9.7 per cent over the five years to 31 May 2015.
The best performing growth super funds over the same period were Legg Mason Growth (17.4 per cent), AMP Balanced Growth (15.4 per cent), and BT Active Balanced (14.8 per cent).
The best performing balanced (40 to 60 per cent growth assets) super funds were BT Balanced Returns at 14.4 per cent, followed by AMP Moderate Growth at 11.2 per cent, and AMP Moderately Conservative at 11 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(%)
