Equip in Top 10 performing funds since the GFC - Bloomberg
Superannuation | 17/11/2017 |
2 min read
The good news kept coming for Equip members this month as various reports and ratings to the end of September 2017 were published.
The Bloomberg international financial news service reported that Equip was fourth among the top ten funds for investment returns after fees and tax since the GFC first impacted returns in late 2007.
Equip's competitive position in the years ahead will continue to improve as fee reductions continue flowing from the merger with the Rio Tinto staff fund.
In fact, the latest Fundamentals Reports from leading independent superannuation ratings agency, SuperRatings, upgraded our fee competitiveness from '80' to its top '110' rating after we announced our first round of administration fee reductions on 1 October 2017. This was one of the reasons behind the Equip MySuper default investment option being named a finalist for MySuper products in the agency's recent national awards program.
SuperRatings also reconfirmed its top Platinum ratings for all Equip products, a rating that we have held for more than a decade.
You can download the latest SuperRatings reports here:
Note that past investment performance is not a reliable indicator of future performance.