POWERED BY MOMENTUM MEDIA
Which growth super fund performed best in 2021?
In another year of the pandemic, which growth superannuation fund was best able to navigate the market environment for its members?
According to data from FE Analytics, in the Australian Superannuation growth mixed assets sector, Hostplus Socially Responsible Investment (SRI) Balanced fund returned 22.10% over 12 months to 31 December, 2021.
The SRI fund aimed to offer investors a superannuation fund which avoided fossil fuels and weapons and instead invested in those assets which contributed to positive sustainable outcomes such as renewable energy and green bonds.
This was followed by Sunsuper Growth Option which returned 20.5% and Hostplus Balanced which returned 19.08%.
Rounding out the top five best-performing growth super funds was MLC MK Super Fundamentals Horizon 5 Growth Portfolio and CFS FirstChoice High Growth Select with returns of 18.3% and 18.1% respectively.
The sector as a whole, which contained over 350 funds, returned an average of 12.5%.
There were no funds which reported a loss, the lowest performance came from NGS Diversified Option which returned 3%.
Performance of top three growth super funds versus sector over one year to 31 December 2021
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Recommended for you
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.
Qantas Super has officially merged with ART over the weekend, with its CEO describing the “bittersweet” decision as being in the best financial interests of its members.
The super sector has apologised and vowed to fix widespread delays, poor service, and systemic failures in processing death benefit claims, following an ASIC review.
Long-term investors face a critical decision – stay the course or pivot, says leading economist Shane Oliver.
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(%)
