Latest Returns - November 2017

Super Funds Head For Double Digit Returns in 2017.

Super Funds had a solid November, with the median SR50 Balanced option (with 60-76% of funds invested in growth assets such as equities) rising 1.3% across the month.

All asset classes produced positive returns with the SR50 International Shares Index the top performer, with
strong median returns a strong 2.3%.

The Australian sharemarket as measured by the ASX200 Index returned 1.6% in November led by the Information Technology and Energy Sectors.

The local market underperformed global markets with the US market continuing it's surge rising by 4.1% in AUD terms as Q3 growth data was revised upwards. The Japanese market was also bullish, with the Nikkei rising by 5.7%

Median superannuation fund Balanced Option returns as at 30 November 2017 are as follows:

Accumulation Returns
Month of 30 November+1.3%
Rolling 1 year return to 30 November 2017+12.5% pa
Rolling 3 year return to 30 November 2017+8.2% pa
Rolling 5 year return to 30 November 2017+9.9% pa
Rolling 7 year return to 30 November 2017+8.4% pa
Rolling 10 year return to 30 November 2017+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.