Active management drives stellar performance for AustSafe Super
A commitment to investing in a well-diversified and actively-managed portfolio of assets including listed equities and real assets has helped secure AustSafe Super with market-leading returns for the 2017-18 financial year.
Seven of the Fund’s nine investment options have been ranked in the top quartile of super funds for the last financial year, with five of these being in the top ten1. Most notably, our MySuper (Balanced) Investment Option returned 11.39% p.a. for the year to 30 June 2018 and our Super Growth Option returned 14.00 % p.a. over the same period, ranking both options as the second top performers in their categories and well above the median result.
According to AustSafe Super chief executive officer, Craig Stevens, the diversification of the Fund’s portfolio across asset classes and sectors that delivered higher returns has been key to the strong result. He cites Australian and international listed equities, in particular small and mid-caps, and infrastructure as the stronger performance asset classes.
“The Australian and international share markets have performed strongly throughout the past year buoyed by improved economic growth globally and robust corporate profits. The Fund’s active management has delivered outperformance above the market indices.
“Active management of the portfolio is the main contributor to delivering strong returns above the market. Our investment decisions are consistent and well-considered, and informed by our current and future market expectations,” he said.
On the infrastructure front, AustSafe Super is invested in a range of Australian and global assets, including UK transport assets and major Australian regional assets such as Ballarat Water, Townsville Airport, Mackay Airport and Port of Newcastle. This asset class delivered strong returns, which is important in times of market volatility.
AustSafe Super's strong investment performance follows the announcement that the Fund signed a Successor Fund Transfer Deed with fellow Queensland-based industry super fund, Sunsuper, which authorises a merger of the two funds with a target date of early 2019. The combined fund makes it one of the nation’s biggest superannuation funds, with more than $58 billion in funds under management, 130,000 employers and 1.4 million members.
Now in its 30th year of operation, AustSafe Super is the industry super fund for rural and regional Australia and looks after more than 100,000 members with over $2.5 billion funds under management. In 2018, AustSafe Super was awarded Money magazine’s ‘Best Growth Super Fund for 2018 and was the 2nd ranked fund in the top ten performing growth funds for the 12 months to 30 June 20181.
Past performance is not a reliable indicator of future performance.
1SuperRatings Fund Crediting Rate Survey and SuperRatings Pension Fund Crediting Rate Survey – 30 June 2018.
The information contained in this media release is factual information only. It is important to read the AustSafe Super Product Disclosure Statements (PDS) available at austsafe.com.au before you make an investment decision. Austsafe Pty Ltd ABN 96 010 528 597, AFSL 314183 is the Trustee of AustSafe Super ABN 92 398 191 503.