AustSafe Super celebrates Best Growth Super Fund Award
AustSafe Super has today been announced the winner of Money Magazine's Best Growth Super Fund for 2018, as part of its annual Best of the Best awards.
The industry super fund was judged the winner in its category at an awards ceremony in Sydney. The awards are designed to help consumers make more informed investment decisions across asset categories including super, cash accounts, funds, and home loans.
According to AustSafe Super’s chief executive, Craig Stevens, the accolade is testament to the fund’s consistently strong investment performance and its continued focus on delivering value to members.
"We’re very humbled and proud to have been named as the winner of this award, particularly with the knowledge that it’s regarded so highly by consumers who are working towards achieving financial security in their retirement.
"Our members are employed in local industries and communities across the country and form the backbone of working Australia, so this award is both a win for the AustSafe Super business but also a win for our members," he said.
The Best of the Best celebrates Australia’s pre-eminent financial products, services and investments, with leading research houses including Canstar, Lonsec, Morningstar, SQM Research, SuperRatings, WhistleOut and Zenith Investment Partners identifying the winners in more than 60 categories.
The Best of the Best win follows recognition in the Rainmaker Selecting Super Awards earlier this month when AustSafe Super featured as a finalist in the Innovation Award for Millennial Superannuation. Its asset consultant, JANA, collected the Asset Consultant of the Year Award.
In the last financial year, AustSafe Super members’ have seen strong performance from each of its ten investment options. Most notably, the Super Growth investment option returned an average of 12.73% p.a. over the last five years to 30 June 2017.
About to enter 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 $2.4 billion funds under management.