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Sovereign Wealth Funds Briefing - Categorized | Performance

Super funds get a boost in February

Posted on 19 March 2013

The median superannuation fund returned 2.2 per cent in February, according to the latest Morningstar Australian Superannuation Survey. Longer-term annualised results for the median growth fund were 14.1 per cent over one year, 7.1 per cent over three years, 3 per cent over five years and 7.1 per cent over the 10 years to 28 February 2013.
The returns were the result of growth assets performing strongly in February, according to Morningstar. The ASX300 rose by 5.3 per cent, international shares were up 1.9 per cent, Australian property securities rose 3.5 per cent, and global property securities were up 1.7 per cent in February………………………………………..Full Article: Source


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