Latest Returns - December 2016


After a sharp fall at the start of 2016, super funds delivered convincing returns through the first half, hitting Brexit-related volatility mid-year. Funds struggled through the three months to October as shares gradually sold off, but enjoyed a late surge in November and December.
The median balanced option returned 7.3% over the 12 months to 31 December 2016, which is just slightly below the 7.6% p.a. average seen over the last seven years.

“Political upsets were the dominating theme of 2016, and this year we will see whether these trends carry over to the European continent,” said SuperRatings Chairman, Jeff Bresnahan. “There will be no shortage of political events in 2017, and based on last years’ experience we can expect continued bouts of heightened volatility. However, like 2016, we may be surprised at the resilience of super funds and their ability to perform in a range of market conditions.”

Median superannuation fund Balanced Option returns as at 31 December 2016 are as follows:

Accumulation Returns
The Month of December 2016+2.2%
Financial Year return to 31 December 2016+5.5% pa
Rolling 1 year return to 31 December 2016+7.3% pa
Rolling 3 year return to 31 December 2016+6.9% pa
Rolling 5 year return to 31 December 2016+9.8% pa
Rolling 7 year return to 31 December 2016+7.6% pa
Rolling 10 year return to 31 December 2016+5.1% pa

  • Median Balanced Option refers to "balanced" options with exposure to growth style assets of between 60%-76%. Approximately 70% to 80% of Australians in our major super funds are invested in their funds' default investment option which in most cases is the balanced investment option. All returns are expressed net of all fees and taxes.