Strong investment returns highlight March quarter
Investments | 7/05/2019 |
3 min read
After a tough and gloomy December quarter, markets have rallied to delivered greatly improved results for the start of 2019.
Share markets staged a strong recovery during the quarter, lifting returns for the diversified Options back into the black for the financial year. Equip MySuper, the default option for accumulation members, has returned 3.3% financial year to date; the Conservative pension option has returned 3.1%.
Our Overseas Shares portfolio returned more than 10%, with particularly strong contributions coming from North American and European markets. Property and alternative investments also did well, while Fixed Interest and Cash saw more modest gains.
Taking a more long-term view, Equip’s Balanced Growth Option has seen average returns of 9.2% over the past decade - a top ten performance amongst Australian Super funds.
Equipsuper Pty Ltd (“Equip”) (ABN 64 006 964 049, AFSL 246383) is the Trustee of the Equipsuper Superannuation Fund (“the Fund”) (ABN 33 813 823 017, MySuper Authorisation 33813823017672). This document provides general information only. It does not take into account your personal objectives, financial situation or needs, so should not be taken as personal advice. Before making a decision to invest in the Fund, you should read the appropriate Equip Product Disclosure Statement (PDS). Past performance is not an indication of future performance. Equip is licensed to provide intrafund personal and general superannuation advice under its AFSL. Member Advisors are employees of Equip. For more information about the remuneration of Equip and its employees, please refer to the Equipsuper Financial Services Guide (FSG).