Best performing super funds – SuperGuide
Being in a consistently high performing super fund is one of the key factors in growing your super balance over time. Members of consistently poor performers are at risk of having substantially lower super balances at retirement.
The Productivity Commission review of superannuation produced an example of a 21-year-old on a $50,000 starting salary. If they joined a super fund that is consistently in the top quarter of funds rated by performance, they could expect to retire at 67 with a super balance of $1.1 million. If instead they joined one of the super funds that is consistently in the bottom quarter of funds, they would retire with $610,000, which is 45% ($502,000) less.
Returns are not the only measure of a good fund – fees,…
