Top-performing growth super funds in 2020
Source: FE Analytics
HESTA said its Sustainable Growth fund excluded investing in uranium, fossil fuels, tobacco, and controversial weapons. The fund invested in environmental, social and governance performance companies, sustainable properties, and sustainable solutions.
“Only companies that generate environmental benefits through reduced reliance on fossil fuels, energy, and resources are included in this option,” HESTA said.
On the other end of the scale, the poorest-performing fund was CFS FC W PersonalSuper Milliman W Managed Risk M-I High Growth at a loss of 8.28%.
Over the long term, it was Australian Super High Growth Option that was the top performer at 153.07% over the 10 years to 31 December, 2020.