Biggest is not best with absolute return

Only one of the top five largest absolute return superannuation funds saw top-quartile returns in 2020, according to data. 

This was AMP Flexible Super Super Antipodes Global fund that returned 2.69% in 2020, and was the second-largest fund at $67.9 million, according to FE Analytics.  

The largest fund, AMP Flex Lifetime Super and Custom Super Antipodes Global at $81.9 million returned in the second quartile at 2.2%.  

Returns of the largest absolute return super funds in 2020 

Fund 

Size 

Return  

Return Quartile 

AMP Flex LifetimeSup & CustomSup Antipodes Global 

$81.9 million 

2.2% 

Second 

AMP Flexible Super Super Antipodes Global 

$67.9 million 

2.69% 

First 

CFS FC W PSup-Schroder W Abs Return Inc 

$54.9 million 

2.6% 

Second 

CFFC W PSup-FirstChoice Acadian Wholesale Australian Equity Long Short 

$34 million 

1.25% 

Third 

Perpetual WF Super Perpetual Shareplus LongShort 

32.5 million 

2.46% 

Second 

 

Source: FE Analytics  

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However, the smallest fund, CFS FC W PSup Bennelong Kardinia Absolute Return, which was $3.2 million in size was the top performer out of the 18 absolute return super funds at 7.66%. 

The bottom performer was FC Psuper-Acadian Global Equity Long Short at a loss of 7.71% and was the second smallest fund at $5 million. 

 




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