Shaping up for a good return

Over the past few months, we’ve seen global economies recover and share markets surge.

Our MySuper Balanced option, in which most members’ super is invested, has performed strongly with a return of 9.92% (as at the end of April). While we can’t predict the future, we’re optimistic about continuing to achieve strong investment returns as we get closer to the end of the financial year.

The Australian share market has benefited from the recovery in China and global economic recovery in general. However, asset classes that are sensitive to interest rates, like listed property, are still lagging. Although current growth in share markets is positive news, we’re mindful that strong returns cannot last forever. There may be instability in the months ahead, so we’re monitoring share markets closely. As always, we remain focused on maximising the retirement savings of all members.

Latest returns

The tables below compare our Balanced options to the retail fund medians (known as the Master Trust medians). We’re pleased to say we come out on top!

 

Super
LUCRF Super - MySuper Balanced
Master Trust median
FYTD (to 30 April 2017)
9.92%
9.29%
Rolling 7-year period
7.64%
6.73%

 

Pension
LUCRF Pensions - Balanced
Master Trust median
FYTD (to 30 April 2017)
11.14%
9.50%
Rolling 7-year period
8.88%
7.61%

 

Source: SuperRatings Fund Crediting Rate Survey SR50 Balanced (60-76) Index – April 2017.
Source: SuperRatings Pension Fund Crediting Rate Survey SRP50 Balanced (60-76) Index – April 2017.
Past performance is not a reliable indicator of future investment returns.