vimarsana.com

Page 2 - மந்திரம் மேற்கு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Community Scoop » Green Super Could Halve Australia s Entire Household Carbon Footprint: Australian Ethical & Zali Steggall

Community Scoop » Green Super Could Halve Australia s Entire Household Carbon Footprint: Australian Ethical & Zali Steggall
scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.

Members need to keep reasonable expectations for returns

“From my perspective, we’re always trying to ensure members have reasonable expectations and a long-term view of what they need from their super or their retirement savings,” Graham said. “Twelve months ago, we were having a very different conversation with very weak returns, so we’ve seen a very strong rebound and a strong return for members in the last financial year. “But that long-term view and making sure people are attached to what they need on a long-term basis will try to ensure they don’t have too high an expectation after a strong year – or too negative of an expectation after a weaker year – because both can be quite damaging.”

Super funds report best returns in 24 years

All Growth super funds returned 26.7% while, at the other end of the spectrum, investors in conservative super fund saw returns of 7.9%.  The top-performing fund was Mine Super Growth which returned 22.6% followed by CFS FirstChoice Growth which returned 21.7%. Chant West said funds which did well tended to be those which had higher allocations to international shares and low allocations to bonds and cash.   “An 18% return would have been inconceivable a year ago and represents a welcome reward for fund members who held their nerve and remained patient through the depths of the COVID-induced market crisis,” Mano Mohankumar, Chant West senior investment research manager, said. 

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.