Investment update: 1 January to 30 April 2019
June 3rd, 2019
After a volatile first half of the 2018/19 financial year, investment returns between 1 January and 30 April 2019 have boosted your Fund’s performance.
Volatility in Australian and international share markets between October and December 2018 meant that First Super’s investments – like those of other super funds – posted negative returns.
Since then, the share markets have seen improved conditions. All our investment options are now positive for the year to date. The Balanced Super option, in which most of our members are invested, is now at 5.16% for the 10 months to 30 April 2019, and the Balanced Pension option is at 5.63%.
|Balanced Super return*||Balanced Pension return*|
|As at 31 December 2018||-0.78%||-0.97%|
|As at 30 April 2019||5.16%||5.63%|
You can keep up to date on First Super’s investment performance by visiting our Investment Returns & Crediting Rates web page. And look out for your monthly Investment Update email, which has in-depth details on recent share market performance and trends.
If you want to check that you are invested in the right option for your circumstances and retirement goals, or for advice on ways to maximise your super, our Financial Planners are here to help.
Book an appointment now through our Member Services Team on 1300 360 988 or through this online form.
* Past investment returns are not a reliable indication of future returns. Crediting rates are the return minus investment costs and taxes and allowing for reserves.