Latest Returns - May 2017

Super Funds Edge Higher in May.

Super funds recorded small gains in May with the median Balanced option (with 60-76% of assets in growth assets such as equities) rising by 0.5%. One year returns are now sitting at an impressive 9.1% for the balanced option.

All asset classes recorded rises in May with the exception of the SR50 Australian Shares Index which dived by -2%. Despite a weak May for Australian Shares, median yearly returns are a welcoming 9.6%.

International Shares were the best performing asset class over the month with the median fund surging by 2.4% as both US and European markets performed well.

The median Balanced option has returned 10.3% for the financial year to May, with recent market weakness in June the only barrier to ending the financial year in double digits. While returns have been relatively evenly distributed, some funds have managed to pull ahead of the pack, with the top three performing funds exceeding 12% for the financial year to date, with 5-year returns holding above 10% p.a.

Median superannuation fund Balanced Option returns as at 31 May 2017 are as follows:

Accumulation Returns
The Month of May 2017+0.5%
Financial Year return to 31 May 2017+10.3% pa
Rolling 1 year return to 31 May 2017+9.1% pa
Rolling 3 year return to 31 May 2017+7.7% pa
Rolling 5 year return to 31 May 2017+10.0% pa
Rolling 7 year return to 31 May 2017+8.3% pa
Rolling 10 year return to 31 May 2017+4.9% 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.