As Chief Investment Officer, Stewart Brentnall confirms in his Investment Insights, markets continue to face a number of challenges.
As a result, investment returns across a number of ANZ Smart Choice Super investment options were impacted for the quarter.
According to SuperRatings*, the average ‘Balanced’ option for Australian super funds was down 1.7% for the quarter, but up 5.9% for the last 12 months. And despite the volatile quarterly performance, long term super fund returns remain strong, with an average return of 8.2% over the last five years.
Below are the latest investment returns1, as at 30 September 20152.
Retirement funds needed per year
|Magic ($1 million)||$78,620||$79,970|
Source: ASFA December 2015, ASFA Retirement Calculator Jan 2016
Choose your own investment mix
|Option||3 months||6 months||1 year||2 years (p.a)|
|Global Fixed Interest||1.6%||-0.3%||4.7%||5.5%|
The above investment returns are not applicable to QBE members. Refer below footnotes for important information.
Members of ANZ Smart Choice Super – for Employers and their Employees can access the latest returns across the full suite of investment choices here or by visiting the ‘Investment portfolio’ page via ANZ Internet Banking.
November - 2015