Frequent question: What are the top 5 super funds in Australia?

What is the best super fund in Australia?

Best performing super funds

Super fund Investment option 10 yr return (% per yr)
AustralianSuper Balanced 9.0%
Cbus Growth (Cbus MySuper) 8.9%
Hostplus Balanced 8.8%
CareSuper Balanced 8.5%

What are the top 10 superannuation funds in Australia?

Top 10 Growth investment options (super funds): 10 years to December 2020

Super fund Investment option Return (% per yr)
Cbus Growth (Cbus MySuper) 8.9%
Hostplus Balanced 8.8%
CareSuper Balanced 8.5%
VicSuper Growth (MySuper) 8.4%

What is the best super fund in Australia 2019?

10 best performing growth super funds in 2019

Fund name Annual performance 2019
CFS FirstChoice Growth 17.4%
Australian Ethical Super Balanced 17.2%
AustralianSuper Balanced 17.0%
BT Multi-Manager Balanced 16.9%

What are the largest super funds in Australia?

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. First State Super Australia and Pacific
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What Super does Barefoot Investor recommend?

Do you recommend the Hostplus Indexed Balanced Fund? Personally, I have chosen to invest my own super with the Hostplus Index Balanced Fund.

How do I choose a super fund in Australia?

Most people can choose which super fund they’d like their super contributions paid into. You can go with your employer’s fund or choose your own. To find out if you can choose your super fund, check with your employer. Your employer will give you a ‘standard choice form’ when you start a new job.

What is the average return on superannuation in Australia?

Over the past 28 years, Growth funds have returned 8.1% per year on average and the CPI has averaged 2.4% per year, giving a real return of 5.7%.

Super fund performance: Calendar years (1993 to 2020)

Calendar year Return (%)
2016 7.5%
2015 5.7%
2014 8.5%
2013 17.2%

Which Super Fund has lowest fees?

10 cheapest pension funds (balanced investment option)

Rank Fund name Fees
1 REST $378
2 Hostplus $384
3 Media Super $540
4 NGS Super $540

Which is better rest or Australian super?

Looking at their investment allocation, AustralianSuper Balanced has more exposure to international shares than Rest Core Strategy and is slightly higher risk overall. Rest Core Strategy has a greater allocation to lower-risk, defensive assets than AustralianSuper.

Is Australian Super Ethical?

Four funds in Australia currently claim to be fully “ethical” – Australian Ethical, Future Super, Local Government Super and Christian Super. Dozens of other funds provide “ethical” or “sustainable” options – including UniSuper, Sunsuper and Australian Super, the country’s largest.

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How much money can I put into super each year?

From 2017, no matter your age, you can contribute up to $25,000 per year into your superannuation at the concessional rate including: employer contributions (including contributions made under a salary sacrifice arrangement) personal contributions claimed as a tax deduction.

Is superannuation the best investment?

PRO: The most noteworthy benefit of investing in superannuation is its tax-effective environment. Contributions to your super fund are usually taxed at the rate of 15%, going up to 30% if the income and concessional contributions exceed $250,000 for a financial year.

How much is Australian Super worth?

As of 30 June 2018, Australians have AU$2.7 trillion in superannuation assets, making Australia the 4th largest holder of pension fund assets in the world. As of 30 June 2019, the balance is AU$2.9 trillion.

What is the largest pension fund in the world?

World’s Largest Pension Funds’ AUM Up 8% in 2019

Rank Fund Total Assets
1. Government Pension Investment $1,555,550
2. Government Pension Fund $1,066,380¹
3. National Pension $637,279
4. Federal Retirement Thrift $601,030

What is the average return on superannuation?

The average super fund returned 15.2 per cent, while the typical balanced fund grew by 13.8 per cent in 2019. Those returns are the best since 2013.

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