Equip’s latest quarterly report – covering the October, November and December period - reinforces the need for a long-term view of superannuation.
As Kim Watkins explains in the video below, Equip MySuper (our default option) returned 10.8% for the 2017 calendar year. More growth orientated options delivered up to 16.6% for the calendar year.
Strong returns throughout 2017 mean the recent stock market jitters have only reversed a few months of gains. And if we’re looking at the big picture, markets have enjoyed a steady run of growth for almost a decade now.
Looking more closely at the quarterly numbers we can see that diversified options benefited from strong share market performances to post 8.9% returns on local equities and 10.8% for overseas shares. Our technology stock also performed well, and it’s worth noting that Amazon and Facebook have tripled their share price over the last three years. Read the full report here.
Equip's Executive Officer (Investment Performance), Troy Rieck, outlines our long term view of the markets in the video below.