Here are the latest published superannuation results for the Growth Multi-Asset sector.
These figures have been taken up to the end of June 2013 and again the performance gap is extremely wide.
The figures are based on Pre-mixed Growth Funds which typically consist of 60%-80% in growth assets e.g shares and 20%-40% in defensive assets e.g bonds.
This is where most superannuation members monies will be invested, certainly those that have not made a pro-active choice.
Latest 12 months performance:
Best = 27.02%
Worst = 7.28%
That's nearly $20,000 difference in a year on a $100,000 super balance!!!!!
Last 5 years performance:
Best = 7.54% per annum
Worst = 0.30% per annum
This again shows how important it is to regularly review your Superannuation Fund's performance and investment options to ensure that you are investing according to your risk tolerance and ensure your fund manager is performing consistently.
Past performance is not a guide to future performance.
The figures have been taken from Morningstar and include Super Funds from the Retail, Corporate and Industry sectors.