The Superannuation Game (fund performance)

mr fox on 20/03/2020 - 15:33

Have you got a dark sense of humour? Great me too. Checked your super lately? Lets compare our (inverse) fortunes. Name your super fund, your profit/loss this financial year in percentage terms and what investment option your money is allotted to if any eg conservative, balanced, growth, YOLO.

I'm with ESSSuper and I'm apparently 7% ahead for the year, which isn't as bad as I was expecting but of course that figure may have some lag in it. I'm invested in their growth portfolio. FWIW I'm skeptical about being in the black at this point. Perhaps a reason why this is a useful exercise.

Financial

Comments

  • bobbified on 20/03/2020 - 15:46
    +1

    I'm apparently 7% ahead for the year

    What are you checking? The change in unit prices or just an overall account value at 01/07 and present date?

    • mr fox on 20/03/2020 - 17:33
      -1

      It's light on detail. It just says I'm up 7% this financial year. If that includes contributions that means I'm negative.

  • Nugs on 20/03/2020 - 15:49
    +2

    aussuper
    down 10% from 30/06/2019

  • GC1 on 20/03/2020 - 16:02

    Was AMP, now QSuper (all cash).

    Amp was down 9.6% (balanced fund - I am in my 50's).

  • MS Paint on 20/03/2020 - 16:04
    -1

    I'm on defined benefit. Yawn emoji.

    • Slinky0111 on 20/03/2020 - 17:16

      So am I. When the gfc hit and being young and naive I didn't understand why people were complaining about loosing money from their super until I released defined benefit wasn't super common

      • MS Paint on 20/03/2020 - 17:43

        Young and on defined benefit? I thought most of us were old farts.

        • Slinky0111 on 20/03/2020 - 18:06

          30 now. Started work for said A POSTal company when I was 16

        • mskeggs on 21/03/2020 - 11:26

          Hopefully, you will have an employer that can’t be privatised (along with pension obligations) and then go broke, as happened in lots of places in Canada/UK/USA in the GFC.

    • mr fox on 20/03/2020 - 17:34

      So am I. But I have an accumulation fund which is tied to the market.

  • [Deactivated] on 20/03/2020 - 16:12

    I bailed out of HostPlus balanced to cash at about -12% from the peak. I avoided looking at the figure so was expecting even worse. :)

    • dcep on 20/03/2020 - 17:01

      https://hostplus.com.au/covid19

      • [Deactivated] on 20/03/2020 - 17:24

        I didn't want to look when I got the email talking about a holistic approach. ;)

  • blutek on 20/03/2020 - 16:24

    StatePlus (First State Super) down 7% on our Investment Accounts(balanced), so I guess their super fund would have similar performance.

  • ShortyX on 20/03/2020 - 16:41

    Before the crash, I was running about 28% return for last 12 months. Now down 4%.

    • mr fox on 20/03/2020 - 18:54

      Who with? 28% was good. Must have been an aggressive fund.

      • ShortyX on 20/03/2020 - 20:07

        Standard platform with custom investments - Acadian geared, CFS geared, Fidelity, Hyperion, Kapstream, Magellan, RARE

        Definitely should have taken out some as cash, but it should all ramp back up when market returns.

        • Meovel on 06/09/2020 - 13:11

          Which super provides the option to customize to invest into e.g. Hyperion?

          • ShortyX on 07/09/2020 - 09:26

            @Meovel: IOOF - but not all funds are available for selection.

            • Meovel on 08/09/2020 - 19:42

              @ShortyX: Thanks - which specific super product have those custom investment options? Noticed there're many products offered.

  • brendanm on 20/03/2020 - 17:26

    Aussuper, had it all in Aus shares, put it all into cash at about a 7% loss, will put it all back in Aus shares when the asx200 drops a bit more.

  • hbspark1 on 20/03/2020 - 17:43
    +1

    this financial year -17.6% on my high growth.

  • ihbh on 20/03/2020 - 18:11
    +2

    I'm apparently 7% ahead for the year

    I suspect your fund is comparing Feb 2020 to Feb 2019. One month's difference can make a world of difference!

    • mr fox on 20/03/2020 - 18:56

      nervous nod

  • seabombs on 20/03/2020 - 18:15
    +1

    With CareSuper. Up 18% from June 2019, I was 50-50 in growth and overseas shares and switched to cash a couple of weeks ago. If I'd kept the investments as is, would be down ~9% today I think.

  • Allwentmarching on 20/03/2020 - 19:36

    Im not brave enough to look. Im certainly not planning to retire any time soon having 3 young kids so Ill just keep on keeping on. Im in an industry fund and its generally a bit better than average I will say.

  • Traya1 on 10/09/2020 - 10:19

    Australian Ethical - I'm up

    Tech and healthcare for the win

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