According to SuperRatings, the Superannuation Fund was reasonably launched in 2021 and both median balance options and median growth options returned 0.4% in January.
According to SuperRatings data, the median capital stability option for the month was 0.1%, but the median balance pension option returned 0.3%, the median pension growth option returned 0.4%, and the median capital stability option. The median returned 0.1%.
January results marked 10th Consecutive monthly profit of funds.
Kirby Rappel, Executive Director of Super Ratings, said: “The super fund has made a promising start until 2021, but the pandemic is not over yet.
“Financial market movements are closely tied to how the government manages new COVID-19 cases, and the timing and effectiveness of vaccines. In short, we have more ups and downs in the market. Expected, superfunds are not exempt. “
According to Rappel, the fund has focused on future risks and opportunities and has demonstrated its ability to manage investment positions and provide additional support to its members.
The median of a balanced super fund returns 0.4%
Source link The median of a balanced super fund returns 0.4%