Super Funds in the black for the sixth straight year

Despite the share market turmoil in June resulting from Greece’s debt crisis, super funds finished the 2014/15 financial year well in the black with the median growth fund returning
9.8% – the sixth straight positive annual return.

The top-performing fund for the year was QSuper which returned 12.3%. Even the worst-performing fund in the growth category gained 6.2%. Growth funds have 61 to 80% of their investments in growth assets and are the ones in which the great majority of Australians are invested.

To read the full Chant West report please click here….

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