Top Super Funds for 2006

Discussion in 'Superannuation, SMSF & Personal Insurance' started by Redwing, 24th Jan, 2007.

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  1. Redwing

    Redwing Well-Known Member

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    Redwing, 24th Jan, 2007
    #1
  2. matrung

    matrung Member

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    13% for 2006 .. that's a pretty rubbish return when compared to a majority of retail super funds ...

    and 9% over the last 5 years ... hmm i'd have at least expected a double digit average probably 15% given the market returns over the last 3 years.
     
    matrung, 24th Jan, 2007
    #2
  3. Redwing

    Redwing Well-Known Member

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    I'm with ING

    From memory it was about 12.8% for Managed Growth and 4.5% for Capital Stable

    The wife is not working at the moment and is a stay at homemum, so her Super is just eroding I guess, we're now looking at options available for us, hence some of the Super posts
     
    Redwing, 24th Jan, 2007
    #3
  4. matrung

    matrung Member

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    I would definitely advise you to look at these providers.

    colonial first state
    perpetual

    and see some of the returns available with there funds.

    Also ING have superior funds than there Managed Growth Fund.

    I am an advocate of using specific funds for specific asset classes ..

    Meaning that there's basically 5 asset groups. Aus Shares, International Shares, Property, Fixed interest and Cash.

    Depending on your super balance, it may pay to use individual funds which specialise in these areas, rather than using 1 fund which tries to pre-mix all these asset classes into one.

    This allows you to use the best fund manager for each asset class and overall increase your average return.
     
    matrung, 24th Jan, 2007
    #4
  5. Redwing

    Redwing Well-Known Member

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    Thanks Matrung,

    I was going to look at Aust Super as they let you buy and sell the ASX 200 stocks online. You can control your super, without a SMSF
     
    Redwing, 24th Jan, 2007
    #5
  6. matrung

    matrung Member

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    this is certainly an interesting option ... I must investigate this further.
     
    matrung, 24th Jan, 2007
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  7. Nigel Ward

    Nigel Ward Well-Known Member

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    Aren't these figures for "balanced' funds though. I.e. funds which have a sizeable proportion of funds in fixed interest and cash?

    Of course a super fund weighted towards growth, e.g. in predominantly Aussie or international shares would have done much better than 13% and 9%pa for the 5 years. But it's a question of whether that does or doesn't suit your risk profile and how long until your retirement...

    My 2.2 cents worth
    N
     
    Nigel Ward, 24th Jan, 2007
    #7
  8. matrung

    matrung Member

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    Very true nigel, when investing you always have to consider your SAN factor ... sleep at night ....
     
    matrung, 24th Jan, 2007
    #8
  9. Glebe

    Glebe Well-Known Member

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    My sleep at night factor is dependent on how much money I make not how safe my money is from loss :)
     
    Glebe, 25th Jan, 2007
    #9