Author Topic: Australian Super Fund returns for 2020  (Read 598 times)

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Offline Gary M

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Australian Super Fund returns for 2020
« on: 01/07/2020, 04:21:34 PM »
In todays Business Daily section of the Melbourne Herald Sun newspaper it was stated that the ASX200 finished the year 17.6% below its all time peak of 7162,5 points in Feb 2020 plus the ASX200  ended down 10.7% for the year.
In the same article it mentions Super rating agency Chant West as saying that the median super account, which has 61 to 80% invested in growth assets such as equities, would log a loss of 1.3% for the 2019-2020 year.
Can anyone do the maths because it doesn't ring true to me. :confused:
« Last Edit: 01/07/2020, 08:16:38 PM by Gary M »

Offline Creski Gilong

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Re: Australian Super Fund returns for 2020
« Reply #1 on: 01/07/2020, 06:11:35 PM »
It implies that active management by the super fund managers have outperformed the ASX200.

Offline Gary M

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Re: Australian Super Fund returns for 2020
« Reply #2 on: 01/07/2020, 08:00:55 PM »
The funds outperforming the ASX200 seems improbable. Maybe they obtained huge gains from fixed interest, bond, infrastructure etc to offset the the huge loss on their equities. Hardly likely. I think its all spin.
In any case, I don't care as my USA timing portfolio is up 9% for the year. Thanks SWS.
« Last Edit: 01/07/2020, 08:43:32 PM by Gary M »