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Australian Catholic Super tops 2020 balanced charts
Despite tumultuous markets in 2020 brought by the COVID-19 pandemic, over 90% of balanced superannuation funds made a return during the year, with the top fund returning over 11%, according to data.
FE Analytics data found, within the Australian Superannuation universe, Australian Catholic Super’s MySuper Balanced Option was the top balanced fund performer at 11.4% with the sector average of 2.7%, over the year to 31 December, 2020.
This was followed by AMP SignatureSuper MySuper Macquarie Balanced Growth at 8.47%, AMP SignatureSuper Macquarie Balanced Growth at 8.04%, Australian Ethical Balanced Accumulation at 7.98%, and Suncorp Brighter Super Personal Suncorp Multi Manager Balanced and Suncorp Bright Super Business Suncorp Multi Manager both returned 7.97%.
Top-performing balanced superannuation funds v sector in 2020
Source: FE Analytics
However, 19 funds saw losses last year with the bottom performer, OnePath Life DIY Super Balanced, losing 4.6%. This was followed by ClearView Superannuation and Roll-overs Assertive (-1.9%), Crescent Wealth Super Balanced option (-1.6%), ClearView Superannuation and Rollovers Diversified Balanced (-1.41%), and ClearView Rollover Bond Diversified Balanced (-1.37%).
Over the longer term, Australian Super’s Balanced Option was the top performer with a return of 54.06% over the five years to 31 December, 2020. The sector average was 28.02%.
AMP SIGS MySuper Macquarie Balanced Growth again came second at 48.54%, followed by CareSuper Sustainable Balanced at 47.41%, CareSuper Balanced at 47.25%, and Australian Ethical Balanced Accumulation at 46.22%.
Top-performing balanced superannuation funds v sector over the five years to 31 December 2020
Source: FE Analytics
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI First Close USD
73.88 3 y p.a(%)
2
Hills International
63.66 3 y p.a(%)
3
Acadian Global Equity Long Short Class A
36.33 3 y p.a(%)
4
CFS FC Acadian Global Equity Long Short
35.96 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
32.23 3 y p.a(%)
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