What are the top 10 superannuation funds in Australia?
What are the top 10 superannuation funds in Australia?
The top 10 growth funds according to StockSpot are:
- UniSuper – Sustainable Balanced.
- Fiducian Super – Balanced Fund.
- Aware Super – Growth.
- IOOF – MultiMix Balanced Growth.
- UniSuper – Balanced.
- Lutheran Super – Balanced Growth (MySuper)
- Victorian Superannuation Fund – Growth (MySuper)
- Qantas Super – Growth.
What are the 10 best Super funds?
Best performing super funds
| Super fund | Investment option | 10 yr return (% per yr) |
|---|---|---|
| AustralianSuper | Balanced | 9.7% |
| Hostplus | Balanced | 9.7% |
| Cbus | Growth (Cbus MySuper) | 9.6% |
| UniSuper | Accum (1) – Balanced | 9.6% |
Which is the best industry super fund in Australia?
Cbus
With a history of strong long-term performance, Cbus is the leading Industry Super Fund for the building, construction and allied industries. Established in 1984, we have 142,000 participating employers and 797,000 members.
How are Australian super funds performing?
AustralianSuper’s Balanced option continues to perform. It has returned 9.56% over 3 years, 10.44% a year over 5 years, 9.73% a year over 10 years, and 7.49% a year over 15 years.
How do I compare super funds?
You can find out about and compare super funds by using:
- the ATO’s YourSuper comparison tool, an online list comparing MySuper products.
- the product disclosure statement (PDS) for each product offered by a fund.
- super comparison websites offered by private companies.
What are the worst super funds in Australia?
Australia’s worst-performing superannuation funds named and shamed
- AMG Super – AMG MySuper.
- ASGARD Independence Plan Division Two – ASGARD Employee MySuper.
- Australian Catholic Superannuation and Retirement Fund – LifetimeOne.
- AvSuper Fund – AvSuper Growth (MySuper)
- BOC Gases Superannuation Fund – BOC MySuper.
Which Super Fund is best 2021?
Aware Super named Best Super Fund for 2021
- The awards for Best Pension Fund and Best MySuper Product were taken out by Cbus and AustralianSuper respectively.
- HESTA won the most awards, with four, including one of the new awards – Best Innovation – ESG Investment Leadership.
Which is the best performing industry super fund in Australia?
Best and worst performing growth super funds
- HESTA – Sustainable Growth. 11.8%
- Australian Super – Balanced. 10.4%
- UniSuper – Sustainable Balanced. 10.2%
- Fiducian – Balanced. 9.9%
- Aware Super – Growth. 9.8%
- IOOF – MultiMix Balanced Growth. 9.7%
- UniSuper – Balanced. 9.6%
- Lutheran Super – Balanced Growth (MySuper) 9.5%
Where does my super fund rank?
For example, you may be in your fund’s Balanced option which has 70% growth assets….How does it work?
| All Growth | (96-100% growth assets) |
|---|---|
| High Growth | (81-95% growth assets) |
| Growth | (61-80% growth assets) |
| Balanced | (41-60% growth assets) |
What is the largest super fund in Australia?
Commonwealth Superannuation Corporation
Rankings by Total Assets
| Rank | Profile | Region |
|---|---|---|
| 1. | Commonwealth Superannuation Corporation | Australia and Pacific |
| 2. | AustralianSuper | Australia and Pacific |
| 3. | Qsuper | Australia and Pacific |
| 4. | Aware Super | Australia and Pacific |
How can I compare super funds?
Can I choose my own super fund?
Most employees can choose their own super fund. But some can’t, and many don’t. As their employer, you must nominate a default super fund for the times when your employees can’t or don’t choose their own fund.