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Super funds flat in October but strong CY24 result on horizon

With six weeks of the calendar year remaining, the growth median is sitting at a healthy 10.3%.

Super funds need to make advice affordable for the “missing middle”

Financial advice is crucial for retirement planning but often expensive and inaccessible, with the result that many Australians fall into the "missing middle".

Super funds up again in September, on pace for a strong CY24

With 25% and 30% allocated to Australian shares and international shares respectively, those asset classes remain the primary drivers of growth fund performance.

Super funds finish August in positive territory despite early jitters

Despite some sharp share market falls in in early August, the median growth fund finished the month in positive territory. Markets rebounded quite quickly as economic data released later in the month was more reassuring, coupled with US Fed Chair stating that the ’time has come’ for interest rate cuts.

Super funds off to a positive start in FY25 despite early August jitters

The new financial year was initially off to a flying start for super funds, with the median growth fund (61 to 80% in growth assets) up 2% in July.

Super funds close in on strong FY24 result

With markets up in June so far and just over a week of the financial year remaining, Chant West estimates that the median growth fund return for FY24 is sitting at about 9%.

Aware Super wins Super Fund and Pension Fund of the Year awards

Aware Super has been named Super Fund of the Year and Pension Fund of the Year at this year’s Chant West Awards. In a rare occurrence, Aware Super took home not just the two major awards, but also Best Fund: Investments and Best Fund: Insurance. 

Super funds still on track to deliver a healthy FY24 result

After five straight months of positive returns, super funds experienced a pull-back in April with the median growth fund down 1.7% over the month.

Super funds deliver fifth straight month of gains in March

Super funds were up for the fifth consecutive month in March, with the median growth fund (61 to 80% in growth assets) delivering 1.9% over the month. With just one quarter of the 2023/24 financial year remaining, the median growth fund’s financial year return is sitting at an impressive 8.8%, which comes on the back of the better-than-expected return of 9.2% in FY23.

10 years of MySuper has driven a lot of change, but what has it achieved for members?

Super funds up for fourth straight month in February

Super funds were up for the fourth consecutive month in February, with the median growth fund delivering 1.9% over the month. The return over those past four months is a staggering 9%, lifting the return over the first eight months of the 23/24 financial year to 6.7%.

Super funds off to a good start in 2024

Super funds deliver strong 2023 result

Super funds closing in on a strong 2023 result

With markets up in December so far, it is estimated that with less than two weeks of the calendar year remaining, the median growth fund return is up 8.8% - an excellent result under challenging circumstances.

Super funds down in October but positive calendar year result on the horizon

Super funds retreat in September but still on pace for a positive CY23 return

Super funds retreated in September as investment markets reacted nervously to the prospect of a sustained period of higher interest rates, with the median growth fund falling 1.9% over the month.

Super funds becalmed in August on negative market sentiment

After a strong start to the new financial year, super funds encountered a more challenging month in August given the volatility in investment markets. Despite that, the median growth fund (61 to 80% in growth assets) was still only down 0.1% over the month. That means the return over the first two months of the current financial year stands at 1.4%.

Chant West releases 2023 platform ratings

Client release

Super funds off to a bright start in the new financial year

Fresh off a strong FY23 return of 9.2%, super funds had a bright start to the new financial year with the median growth fund (61 to 80% in growth assets) returning 1.5% in July. Chant West Senior Investment Research Manager, Mano Mohankumar, says that listed share markets – the main drivers of growth fund performance – had a strong month with the energy sector leading the way.

Resilient share markets propel super funds to a strong 9.2% return

Against a challenging economic backdrop, super funds have posted a commendably strong financial year result with the median growth fund (61 to 80% in growth assets) returning 9.2%. That return easily erases the entire 3.3% loss from the previous financial year and represents the 12th positive return in the past 14 years. The FY23 return is also well ahead of the typical long-term return objective of about 6% p.a. Our growth fund category is where the majority of Australians have their super invested.

Super fund members to be rewarded for patience

Super funds experienced a small pullback in May, with the median growth fund (61 to 80% in growth assets) down 0.4% over the month. But with markets up in June so far, and with just over a week of the financial year remaining, we estimate that the median growth fund return for the year so far is sitting at about 8.5%. A final result close to that figure would be a tremendous outcome considering the challenging economic backdrop and would easily erase the entire loss of 3.3% from the 2022 financial year.

Super funds closing in on a healthy financial year result

Super funds posted another solid return in April with the median growth fund (61 to 80% in growth assets) up 1.2% over the month. That propelled the return for the first ten months of the financial year to 8.1% so, with just two months remaining, it looks likely that funds will finish the year with a healthy return. That 8.1% return, if sustained to the end of June, would more than offset the entire loss of 3.3% from the 2022 financial year, and is well above the typical long-term return objective which is about 6% per annum.

And the winners are...

UniSuper has been named Super Fund of the Year for the second year in a row at last night’s 2023 Chant West Super Fund Awards. More than 300 guests from across the industry embraced the opportunity to acknowledge and celebrate the hard work of the industry over the last 12 months.

Super funds regain momentum as market turbulence subsides

Super funds withstood the market volatility in early March prompted by concerns about the banking sector, and went on to post a solid return for the month. The median growth fund (61 to 80% in growth assets) was up 1.1%, and that took the return for the first nine months of the financial year to 6.9%, more than offsetting the entire loss of 3.3% in FY22.

Tougher markets in February see super funds experience small pull-back

After a strong start to the year, investment markets went into reverse in February on continuing inflation concerns. As a result, the median growth super fund (61 to 80% in growth assets) gave back a little of January’s strong 3% gain, but was able to limit the monthly loss to just 0.5%.

Super funds off to a fast start to 2023

Having navigated a testing 2022, super funds kicked off the new year in style with the median growth fund (61 to 80% in growth assets) surging an impressive 3% in January. In just one month, funds have regained two-thirds of the last year’s 4.6% loss.

Super members spared the worst in a tough year for markets

Super funds fought an uphill battle over the course of 2022, faced with heavy falls in most of the traditional investment markets – shares, listed property and bonds. Yet in these very testing circumstances they again managed to prove their resilience, with the median growth option (61 to 80% in growth assets) retreating just 4.6% over the year. While fund members might have read the headlines and feared the worst, the end result was only a modest setback after a decade-long sequence of positive calendar year returns.

Another strong month for super funds as recovery continues

Super funds enjoyed another positive month in November as share and bond markets continued to rally from their late September lows. The median growth fund (61 to 80% in growth assets) surged 2.6% over the month, and that follows on from the 3% uplift in October. As a result, funds are heading towards a much better 2022 calendar year result than looked likely just a couple of months ago. Even taking into consideration the pullback in December so far, with less than two weeks remaining we estimate that the median growth fund return is sitting at about -4% for the year to date – a good result under very testing circumstances.

Super bounces back in October as share markets rally

Super funds had a strong October on the back of rallying global share markets. The median growth fund made an impressive gain of 3% over the month, recouping September’s losses. The equities rebound has continued into November, and we estimate that the median growth fund is up a further 1.1% so far this month. Looking at the four-and-a-half months of the financial year to date, the cumulative gain is sitting at about 3.5%, which effectively erases the entire loss from last financial year.

Super funds well positioned to ride out volatile markets

Super funds had a disappointing September with the median growth fund (61 to 80% in growth assets) down 3.1%.

Super funds slip back in August on mixed returns from shares

After a strong start to the 2023 financial year, super funds dropped back slightly in August with the median growth fund (61 to 80% in growth assets) retreating 0.4%. However, the return over the first two months of the financial year still sits at a healthy 2.6%.

Chant West launches platform ratings

Leading research and ratings provider Chant West today launched a new ratings service which assesses the quality of Australian platform providers.

Listed vs unlisted assets? The performance test? What really impacted super fund performance for FY22?

The 2022 financial year proved to be a torrid one for investment markets. An uneventful first half year quickly turned ugly once the threat of global inflation became a reality. Unusually, listed markets in all the major asset sectors, including bonds, fell. In days gone by that would have meant a substantial fall for growth-type super funds, yet the median fund lost just 3.3% – all because of diversification.

Super funds start new financial year with a bounce

After a disappointing end to FY22, super funds kicked off the new financial year in style with the median growth fund (61 to 80% in growth assets) surging 3.1% in July. This was mainly on the back of a sharp rebound in share markets, although bonds also made a solid contribution. So in just one month, we’ve seen funds regain almost all of the previous financial year’s 3.3% loss.

Super members spared the worst in a rough year for markets

The 2022 financial year was a particularly challenging one for investment markets, yet super funds again proved their ability to limit the damage for their members. Despite heavy falls in all the traditional asset sectors – shares, listed property and bonds, both Australian and international – the median growth option (61 to 80% in growth assets) retreated just 3.3% over the year. That’s a very commendable result in the circumstances. While a negative return is naturally disappointing, we should not forget that this comes on the back of the staggering 18% result in FY21, which was the second highest return since the introduction of compulsory super in 1992.

Patience to be tested as super returns head for the red

Super funds retreated further in May, with the median growth fund (61 to 80% in growth assets) recording a 1% decline for the month. While the falls in April and May were minor setbacks, things have worsened significantly since then. Share and bond markets have taken such a beating in the first half of June that, with less than two weeks of the year remaining, we estimate that the median growth fund return is now sitting at about -5% over FY22 to date. However, given the magnitude of recent market fluctuations, the final result could be materially different – either for the worse or the better.

UniSuper wins Chant West Super Fund of the Year

UniSuper has been named Super Fund of the Year at the tenth annual Chant West Super Fund Awards last night in Sydney. More than 250 guests from across the industry embraced the opportunity to celebrate in-person, watching on as TelstraSuper took out the other major award, Pension Fund of the Year.

Super funds slip in April, near break-even for financial year

Super funds took a step backwards in April, with the median growth fund (61 to 80% in growth assets) down 1.2% for the month. That reversed a similar gain in March and pulled the median return over first ten months of the 2021/22 financial year back to 1.2%. With share markets down so far in May we estimate that, with only about six weeks remaining, the financial year return is near break-even, at -0.5%.

2022 Super Fund Awards finalists announced!

Chant West today announced the finalists for the 2022 Chant West Super Fund of the Year award. The country’s best super and pension funds will be recognised at the 10th annual Super Fund Awards on 25 May, recognising excellence and showcasing industry best practice across 13 award categories

Super bounces back in March, with a positive year still in sight

After suffering losses in January and February, super funds bounced back into positive territory in March on the strength of resilient share markets. The median growth fund (61 to 80% in growth assets) was up 1.1% for the month, trimming the decline over the quarter to 2%. So the possibility of a positive 2021/22 result is still very much alive, with the median return sitting at 2.3% over the first nine months of the financial year.

Chant West launches responsible investment classifications

Chant West has incorporated responsible investment (RI) classifications into its ratings for super fund investment options, providing investors with detailed RI insights that allow them to make more informed investment decisions.

Ukraine turmoil takes its toll as funds slip in February

Increasingly turbulent investment markets took their toll on super fund performance in February, with the median growth fund (61 to 80% in growth assets) slipping 1.1% over the month. Despite the losses in January and now February, the median return over the first eight months of the financial year remains positive at 1.4%.

Meet our people: Q&A with Manasi Mahale

In our first team member profile, Manasi Mahale, an integral member of the Chant West Research Team, shares an insight into her role and her professional journey so far.

Super Funds Return To Earth As Inflation Spooks Markets

After delivering a lofty 13.5% return in 2021, super funds had a rough start to the new year with the median growth fund (61 to 80% in growth assets) down 2.2% in January. That fall, however, was far less than the fall in local and overseas share markets.

Super Members’ Patience Rewarded With 10 Straight Gains

Super funds had a strong 2021 calendar year with the median growth fund (61 to 80% in growth assets) returning an impressive 13.4%. Our growth fund category is where the majority of Australians have their super invested. Hostplus was the top performer for the year with a standout return of 19.1%, while even the worst performer in the category delivered a respectable 10%.

Remarkable: A 10th Consecutive Positive Year Is In Sight

Super funds are closing in on a double-digit result for the 2021 calendar year. The median growth fund (61 to 80% in growth assets) was up 0.3% in November which drove the return for the first 11 months of the year to 11.7%. Markets are up in December so far and we estimate that, with just two weeks remaining, the calendar year return is now sitting above 12%.

FE Fundinfo Purchase Of Zenith Group Completes With FIRB Approval

FE fundinfo’s acquisition of the Zenith Group will be completed on 9 December 2021 following the recent approval by the Foreign Investment Review Board (FIRB).

Super Funds On Pace For A Double Digit 2021

After a slight stumble in September, super funds were back in positive territory in October with the median growth fund (61 to 80% in growth assets) up 0.6% for the month. With nine positive monthly returns out of 10 so far, growth funds are up 11.2% for the year to date. With just over six weeks remaining, and with share markets up so far in November, the median growth fund has a good chance of finishing 2021 in double digit territory.

New Target Market Determination (TMD) Check Functionality In Switching Tools Available Now

New TMD check functionality in Switching Tools is now available, where you can find links to product level TMDs and record your checks.

Chant West Releases New Member Outcomes Dashboard Features

With another round of Member Outcomes Assessments quickly approaching, Chant West has released a suite of new enhancements, giving greater flexibility and better benchmarking capabilities to subscribers.

Super Funds Post A Solid Quarter Despite September Weakness

Super funds experienced their first negative month in a year with the median growth fund (61 to 80% in growth assets) losing 1% in September as share markets retreated. Despite this setback, growth funds still posted a solid 2% over the September quarter.

FE Fundinfo Acquires Zenith Group

FE fundinfo, a global fund data and technology leader, has acquired Zenith Group (including Zenith Investment Partners and Chant West), a highly regarded research, ratings, managed accounts and adviser technology provider in the APAC region.

Super Funds On A Roll After 11th Consecutive Positive Month

Super funds' strong start to the 2021/22 financial year continued in August with the median growth fund (61 to 80% in growth assets) up 1.7% for the month. This was the 11th consecutive positive month and took the cumulative return for the first two months of the financial year to 2.8%.

A New Financial Year ……. And The Beat Goes On

Fresh from delivering a staggering 18% return for the 2020/21 financial year, super funds got off to a bright start to the new financial year with the median growth fund (61 to 80% in growth assets) up 1.1% in July.

Super Funds Post A Stunning 18% Gain – The Second Highest Return Ever

Super funds have delivered their strongest financial year result in 24 years, with the median growth fund (61 to 80% in growth assets) returning a stunning 18% for FY21. This is the second highest return since the introduction of compulsory superannuation in 1992 – the only better financial year result was 19.4% recorded back in 1996/97. Our growth fund category is where the majority of Australians have their superannuation invested. Mine Super Growth was the top performer for the year with a return of 22.6%, while even the worst performer in the category returned a respectable 13%.

Super Funds Keep Up The Pace With A 24-Year Record In Sight

Super funds continued their relentless rise in May, with the median growth fund (61 to 80% in growth assets) returning 1.1% for the month. This brought the return for the first 11 months of the financial year to a stunning 15.7%. And with markets up in June so far we estimate that, with about two weeks of the year remaining, the cumulative return is now sitting at 17.5%.

AustralianSuper Wins Chant West Super Fund Of The Year

AustralianSuper has been named Super Fund of the Year at the ninth annual Chant West Super Fund Awards last night in Sydney. More than 300 guests from across the industry embraced the opportunity to celebrate in-person, watching on as UniSuper took out the other major award, Pension Fund of the Year.

Chant West Welcomes Galaxy Team

Following the acquisition of the Galaxy comparator tools from Rice Warner in March this year, Chant West welcomed on-board the Galaxy team this week. The team will continue to be led by Wendy Van, supported by the experienced team who have been working to deliver the comparators to subscribers.

Funds Motor On With Further Gains In April

Super funds have continued their impressive COVID bounce-back, with the median growth fund (61 to 80% in growth assets) up 2.2% for the month of April. This brings the return for the first 10 months of the financial year to a remarkable 14.7%. With less than two months of the year remaining, a final result in double-digit territory is looking increasingly likely.

Super Funds In Sight Of A Remarkable Double-Digit Year

Super funds have continued their astonishing COVID bounce-back, with the median growth fund (61 to 80% in growth assets) up 1.9% for the month of March and 3.1% over the quarter. This brings the return for the first nine months of the financial year to an impressive 12.2%. With share markets up in April so far, there is a realistic chance that growth funds will finish FY21 in double-digit territory, which would have been inconceivable a year ago.

Another Positive Month For Super As COVID Bounce Back Continues

Super funds have continued their remarkable COVID bounce back, with the median growth fund (61 to 80% in growth assets) up 0.9% in February. Since the recovery began at the end of March last year there has only been one negative monthly result, and that was just a slight retreat in September. The cumulative return from end-March 2020 to mid-March 2021 now stands at just under 20%.

Chant West Acquires Galaxy Insurance Comparators

Leading super fund research, data and analytics provider, Chant West, has entered into an agreement with Rice Warner to purchase the Galaxy Insurance Comparators.

Super Maintains Positive Momentum Into 2021

After delivering a return of 3.6% for the challenging 2020 calendar year – an excellent outcome under the most testing of circumstances – super funds have maintained the positive momentum into 2021. The median growth fund (61 to 80% in growth assets) was up 0.2% in January, and February is looking very positive so far.

Recent Comments About Super Need Fact-Based Response

Some recent comments from Federal government members and Treasury’s budget papers on super questioning the merit of Australia’s super system call for a clear response based on facts, not one based on sentiment or ideology, says Ian Fryer, General Manager of leading super research and ratings agency Chant West.

Positive Return For 2020 Is Testament To The Resilience Of Super

Super funds have delivered a positive return for the 2020 calendar year, and in doing so have demonstrated remarkable resilience in the face of major market disruption. The median growth fund (61 to 80% in growth assets) ended the year up 3.7%, an amazing result given the economic damage wrought by the COVID-19 pandemic. The 3.7% return might be small compared with the bumper 14.7% result for 2019, but nevertheless it represents the ninth consecutive positive calendar year and the 11th in the past 12 years.

November Surge Drives Funds Into The Black For 2020

Super funds are closing in on a ‘better than expected’ result for the 2020 calendar year. Share markets surged in November, powering the median growth fund (61 to 80% in growth assets) to a return of 4.9% for the month. That drove the cumulative return for the first eleven months of the year to 2.6%. Markets are up slightly in December so far and we estimate that, with two weeks to go, the calendar year return is now sitting at about 3%. A final result in the black, even a small one, would represent an excellent outcome for fund members given the disruption and economic damage caused by COVID-19. And let’s not forget that only a year ago members were enjoying one of the strongest years in the past 20, with growth funds returning 14.7% for calendar 2019.

Super Back On Track Towards A Positive 2020

Super funds were back in positive territory in October, with the median growth fund (61 to 80% in growth assets) up 0.5% for the month. With six positive returns in the past seven months, and with what we’ve seen so far in November, the median growth fund has a good chance of finishing the 2020 calendar year in positive territory.

Chant West's Head Of Client Development Retiring

After 4.5 years with Chant West and having recently attained an important life milestone, Geoff Peck has decided to retire, effective 3rd December.

Super Funds Put In Solid First Quarter

​Super funds posted a solid return over the September quarter, with the median growth fund (61 to 80% in growth assets) up 2%. That was despite a slight retreat in September, which saw the first negative monthly result since March.

New Features In Member Outcomes Dashboard Super

An enhanced version of Chant West’s Member Outcomes Dashboard is now available. Subscribers now have access to the following new features.

Super Funds Extend Gains Through August

Super funds have continued their bright start to the new financial year with the median growth fund (61 to 80% in growth assets) returning 1.7% in August. This brings the return over the first two months of FY20/21 to 2.7%.

Super Funds Make Bright Start To New Financial Year

Having delivered a better than expected result of -0.6% for the challenging 2019/20 financial year, super funds got off to a bright start to the new financial year with the median growth fund (61 to 80% in growth assets) up 1% in July.

Super Funds Navigate The Crisis To Deliver Surprise Result

Super funds have successfully navigated the coronavirus-induced financial crisis to deliver a result that should come as a pleasant surprise for their members. The median growth fund (61 to 80% in growth assets) finished the 2019/20 financial year with a loss of just 0.5%. In fact, nearly half the funds in our growth category managed to generate a positive return, albeit a small one, despite the worst economic conditions since the GFC

Zenith Completes The Acquisition Of Chant West

Zenith Investment Partners confirmed today that it has completed the acquisition of the Chant West superannuation and consultancy business from ASX listed company Chant West Holding Ltd, (ASX: CWL).

A Negative Year, But A Good Result In The Circumstances

Barring an extraordinary final day, super funds are set to post a small negative return for the 2019/20 financial year – the first in 11 years. With one business day remaining, Chant West’s early estimate is that the median growth fund (61 to 80% in growth assets) will return -1.3%. While a negative result is never welcome, containing the loss to such a small number must be considered a good outcome considering the chaos the world has been thrown into by COVID-19.

Super Continues To Claw Back From COVID-19 Lows

Super funds rose for the second consecutive month in May, with the median growth fund (61 to 80% in growth assets) up 2.2% as share markets continued to rally. With markets also up in June so far, we estimate that the financial year return is sitting at zero mid-way through the month so, remarkably, a positive year remains a real possibility. A final result that is flat or close to flat would be an excellent outcome considering the chaos the world has been thrown into by COVID-19.

An April Bounce But No Light Yet At The End Of The Tunnel

After losing 12% over February and March as investors reacted to the potential economic impact of COVID-19, super funds had some respite in April. The median growth fund (61 to 80% in growth assets) bounced back 3.1% on the back of rallying share markets. However, this still leaves the return for the ten months of the financial year to date in the red at -3.3%.

Sunsuper Shines Winning Three Chant West Awards

Sunsuper has surpassed all other super funds in the country to be named Chant West Super Fund of the Year. QSuper took out two awards including the other big award of the day, Pension Fund of the Year, and Best Fund: Investments.

Super Funds' Record Bull Run Ends But Don't Panic

The rapid spread of COVID-19 and its potential impact on the global economy drove a worldwide sell-off in share markets in March. This resulted in the median growth superannuation fund (61 to 80% in growth assets) falling 9% for the month and 10.1% for the quarter. The return for the first nine months of the financial year also turned negative at -6.3%.

Chant West's Response To COVID-19

Our priority is the health and safety of staff, clients and suppliers, whilst maintaining the provision of our services.

Super Funds Backtrack As Pandemic Triggers Global Asset Sell-Off

Investor concerns over the spread of COVID-19 prompted a widespread sell-off in share and property markets, resulting in the median growth fund (61 to 80% in growth assets) falling 3.1% in February. Since then, the virus has spread at an exponential rate. Major share markets reversed from bull to bear phase in an unprecedented three weeks, and we estimate that the median growth fund is down a further 10.5% over March to date. However, with markets whipsawing from session to session and even within a day's trading session, this figure is fluctuating every day.

Zenith Announces Acquisition Of Chant West, Supporting The Growth Ambitions Of Both Businesses

Zenith Investment Partners has announced today that it has entered into an agreement to purchase the Chant West superannuation and consultancy business from ASX listed company Chant West Holding Ltd, (ASX: CWL).

Super Funds Hit The Ground Running In 2020

After a stellar 2019 when the median growth fund (61 to 80% in growth funds) returned 14.7%, super funds kicked off the new year with an impressive start, returning 1.9% in January. This was on the back of a strong month for Australian shares, local and overseas bonds and the depreciation of the Australian dollar. The momentum has continued into February, too, and we estimate that the median growth fund is up a further 1.5% this month so far.

2019 A Standout Year For Super Funds

Super funds put in an outstanding performance in 2019, with the median growth fund up 14.7%. This was the best calendar year return since 2013 and the seventh best in the entire 27½ year history of compulsory superannuation. UniSuper Balanced took out top spot with a lofty return of 18.4%. Even the worst performer in our growth category returned a healthy 10.5%, which was nearly 9% above the rate of inflation. Growth funds are those that have a 61 to 80% allocation to growth assets and are the ones in which the majority of Australians are invested.

Super Funds Heading For A Bumper Result For 2019

Against the expectations of many experts, super funds are closing in on a bumper result for the 2019 calendar year. After another strong month in November there is a strong likelihood of an annual return well into the double digits. The median growth fund (61 to 80% in growth assets) was up 1.9% for the month, pushing the return for the first eleven months of the year to 14.4%. Markets have been relatively flat so far in December so we estimate that, with two weeks to go, the calendar year return is still sitting close to 14.5% – a very impressive result.

Super Funds Approaching Double Digit Return For 2019

Super funds got a lift from positive global share markets in October, and now have a good chance of finishing the calendar year in double digit territory. The median growth fund (61 to 80% in growth assets) was up 0.4% for the month, pushing the return for the first ten months of 2019 to an impressive 12.8%. Midway through November, that figure has increased further to an estimated 14.3%.

Super Funds Pull Back But Bonds Limit The Damage

After a positive start to the new financial year, super funds were down slightly in August with the median growth fund (61 to 80% in growth assets) returning -0.5%. This came on the back of a 1.4% advance in July, so the net effect is still a gain of 0.9% over the first two months of the financial year.

Chant West And Conexus Financial Join Forces For Super Fund Awards

Chant West and Conexus Financial will come together from 2020 to host a joint annual super fund awards, replacing their individual awards. The partnership recognises calls from the super industry in recent years for less awards. The co-branded Chant West & Conexus Financial awards will comprise the well-respected data, technology and methodology of Chant West at an event hosted and promoted by Conexus Financial.

Up-And-Down Start To New Financial Year As Share Markets Ride Tariff War Turbulence

Having just delivered a 10th consecutive positive financial year return, super funds have had a mixed start to 2019/20 with markets responding to the escalating tariff feud between the US and China. The median growth fund (61 to 80% in growth assets) was up 1.4% in July. However, with markets down in the first half of August those gains have been reversed and the median fund is in the red for the new financial year so far.

Super Funds Deliver Record-Breaking 10th Straight Positive Year

Super funds have delivered a record-breaking 10th consecutive positive financial year return, with the median growth fund up 7% in the year to 30 June 2019. QSuper and UniSuper tied for top spot for the year, returning a very impressive 9.9%. Even the worst performer in our growth category returned 4.3%. Growth funds are those that have a 61 to 80% allocation to growth assets and are the ones in which most Australians are invested.

UniSuper Podcast Features Chant West Super Fund Awards

Ian Fryer, Head of Research, spoke to UniSuper’s official podcast, Super Informed Radio, about the Chant West Super Fund Awards.

Super Funds Deliver Ten Straight Positive Years To Break Record

Super funds are poised to deliver a positive return for a record-breaking 10th consecutive financial year. With just two business days remaining, Chant West's early estimate is that the median growth fund will post a return of 7.1% for 2018/19. Growth funds are those that have 61 to 80% of their investments in growth assets, and they are the ones in which the majority of Australian workers are invested.

Super Funds On The Brink Of A Record-Breaking Run

With less than two weeks of the financial year remaining, super funds are on the brink of a record-breaking 10th consecutive positive return for members. While the median growth fund (61 to 80% in growth assets) was down 0.7% in May, the return over the first 11 months of the financial year was 4.6% and June has been positive so far.

UniSuper Picks Up Three Chant West Awards

UniSuper has surpassed all other super funds in the country to be named Chant West Super Fund of the Year. QSuper took out the other big award of the night, Pension Fund of the Year.

April Gains Propel Funds Closer To Another Positive Financial Year

Super fund returns were up for the fourth consecutive month in April, with the median growth fund (61 to 80% in growth assets) riding the ongoing rally in share markets for a gain of 1.7%. Coming on the back of the 6.1% return for the March quarter, the return over the first 10 months of the financial year is now firmly in positive territory at 5.2%.

Super Back In The Black As Shares Rebound

After a disappointing end to 2018, super funds bounced back over the March quarter with the median growth fund (61 to 80% in growth assets) gaining 6%. This brought the return over the first nine months of the 2018/19 financial year back into the black at 3.3%.

Chant West Awards Help Lift Super Industry Standards

The country’s best super and pension funds will be recognised at Chant West’s seventh annual Super Fund Awards on 22 May 2019.

Share Surge Continues To Buoy Super Funds In February

Super funds have kept up their strong start to 2019, with the median growth fund (61 to 80% in growth assets) gaining 2.7% in February on the back of the ongoing rally in share markets. Following on from the 2.5% gain in January, February’s result has brought the return over the first eight months of the financial year to 2.6%.

Super Funds Off To A Flyer In 2019

After a flat 2018, super funds had a strong start to 2019 on the back of rallying share markets. The median growth fund (61 to 80% in growth assets) gained 2.5% in January. Early February has seen the share market rally continue which has driven the median growth fund up a further 2.1% this month so far.

Chant West Shortlisted For The Prestigious Fintech Business Awards

Chant West has been named as a finalist for the Software Innovator of the Year category at the 2019 Fintech Business Awards.

Super Funds Survive A Late Market Stumble To Eke Out A Positive Return

Super funds weathered a jittery December quarter on world share markets to finish the 2018 calendar year in the black, if only barely. The 0.8% return, while the lowest since 2011, nonetheless extended the run of positive years to seven.

We Need To Deal With Multiple Accounts And Get Rid Of Poor-Performing Default Funds

Chant West agrees with the main two findings of the Productivity Commission report – there are too many unintended multiple accounts and too many people are defaulted into poor-performing funds. And since these are the main problems, any changes to the system should focus on addressing these two issues.

Super Funds Eye A Flat 2018 Return As Share Market Woes Persist

Further share market falls in November are weighing on investment returns, with super funds heading towards a flat calendar year result. The median growth fund (61 to 80% in growth assets) retreated 0.6% in November, pulling back the return for the first eleven months of 2018 to 1.8%. Further sharemarket losses over the first half of December have reduced that figure to an estimated 0.5%.

Chant West Expects Modest Super Fund Return For 2018

October’s share market falls mean that super funds are heading towards a more modest calendar year result than in recent years. The median growth fund (61 to 80% in growth assets) slipped 3% in October, pulling back the return for the first ten months of 2018 to 2.4%. Midway through November that figure has reduced further to an estimated 1.8%. But according to Chant West, this is not a bad result considering the recent falls in markets.

A Solid Quarter Undone By October Jitters

Super funds got off to a solid start to the 2018/19 financial year, with the median growth fund (61 to 80% in growth assets) returning 2.1% for the September quarter. However, the first half of October has seen a change of fortunes. Share market jitters, triggered by rising US interest rates and the escalating US/China trade war, have driven the median growth fund about 2.3% lower so far this month.

Shares, Currency Drive Super Funds Forward In August

Following on from a 1.1% return in July, super funds continued their good start to the 2018/19 financial year with the median growth fund (61 to 80% in growth assets) posting a further 1% gain in August.

Super Funds Off To A Good Start For 2018/19

Fresh off a healthy 9.4% return in 2017/18, super funds have kept up the momentum going into the new financial year. The median growth fund (61 to 80% in growth assets) posted a return of 1.1% in July.

Chant West Has Its Say On Productivity Commission's Superannuation Recommendations

​Chant West recently submitted its response to the Productivity Commission’s draft report on superannuation. We support the Productivity Commission’s recommendations in general but we have some suggested changes that we believe will lead to better member outcomes.

Super Funds Have That Positive Feeling – Yet Again

The 2017/18 financial year turned out to be another excellent one for super funds and their members. The median growth fund finished the year up a very healthy 9.2% – a record-equalling ninth consecutive positive year and well ahead of the funds’ own performance targets. Hostplus took the top spot for the second year in a row, returning 12.5%. Every fund in our growth category easily bettered the rate of inflation, and even the lowest performer delivered a respectable 6.5%. Growth funds have a 61 to 80% allocation to growth assets and are the ones in which most Australians are invested.

Nine Straight Positive Years Equals The Super Record

Super funds are poised to deliver a positive return for a ninth consecutive financial year. The only previous time we had a streak that long was from 1992/93 to 2000/01. With just two business days remaining, early estimates suggest that the median growth fund will post an impressive 9.2% for 2017/18, while some of the better-performing funds may deliver as much as 11.5%. Growth funds are those that have 61 to 80% of their investments in growth assets, and they are the ones in which the majority of Australian workers are invested.

Another Good Year On The Cards For Super Fund Members

With less than two weeks of the financial year remaining, super funds look certain to deliver a ninth straight positive return for their members. The median growth superannuation fund (61 to 80% in growth assets) gained 0.4% in May, taking the return over the eleven months of the financial year to a healthy 8%.

Lifecycling On The Path Towards Personally-Tailored Portfolios

Lifecycle products represent an important innovation in superannuation. They allow disengaged MySuper members to invest more like advised members, with an asset allocation that changes to suit their current stage in life. While there are flaws in some of the early models, these products will evolve and ultimately result in better member outcomes.

Chant West Announces Award Winners

Sunsuper has taken out three of the 12 Chant West Super Fund Awards including the top award – Super Fund of the Year 2018.

Super Funds On Pace For Ninth Straight Positive Year

After a flat March quarter, super funds had a strong April with the median growth superannuation fund (61 to 80% in growth assets) up 1.7%. This brings the return over the first ten months of the financial year to a healthy 7.4%.

A Flat Quarter, As Diversification Smooths Out The Bumps

Despite two consecutive months of sliding share markets, the median growth superannuation fund (61 to 80% in growth assets) managed to avoid a loss over the March quarter, posting a zero return. The return for the first three quarters of the financial year remains at a solid 5.5%.

Slight Setback In February, But FY18 Returns Still Healthy

After experiencing sharp losses in early February on the back of sliding share markets, the median growth superannuation fund (61 to 80% in growth assets) recovered to finish the month barely in the red, down just 0.2%. Despite the slight setback, the return over the first eight months of the financial year remains at a healthy 6.5%.

Chant West Awards To Recognise Member Outcomes

Chant West’s sixth annual Super Fund Awards will recognise the best super and pension funds in Australia. The focus of this year’s awards will be on member outcomes, taking the lead from APRA’s new outcomes assessment model.

Super's Roller-Coaster Start To 2018

After a strong 2017, super funds initially got off to a good start in 2018, with the median growth fund (61 to 80% in growth assets) returning 0.8% in January. This brought the return over the seven months of the financial year to date to a healthy 6.7%. Early February has seen a change of fortunes, however, and sliding share markets have led the median growth fund about 1.1% lower so far this month.

Chant West Blog

This week's market volatility reinforces super as a long-term investment and the importance of diversification.

A Stellar Year For Super Funds

Against most if not all expectations, 2017 turned out to be a stellar year for super funds. The median growth fund ended up 10.8% – the sixth consecutive positive annual return and well ahead of the funds' own performance targets. AustralianSuper took the top spot with 13.6%, and even the worst performing fund in our growth category delivered a respectable 7.6%. Growth funds have a 61 to 80% allocation to growth assets and are the ones in which most Australians are invested.

Surprise! 2017 Shaping As A Vintage Year

Australia's major super funds look certain to deliver a sixth consecutive positive calendar year return – and quite possibly in the double digits. A gain of 1.3% in November has pushed the median growth fund (61 to 80% growth assets) to a cumulative return of 10% for the first 11 months of 2017, so a positive December would make for a vintage year.

Daring To Dream Of A Double Digit Return For 2017

A surge in October has left super funds in sight of a double digit return for the 2017 calendar year. Following a steady September quarter, strong share markets drove returns higher in October with the median growth fund (61 to 80% growth assets) gaining 2.3% for the month. This brings the return over the first ten months of the year to a very healthy 8.6%.

Superannuation Fees Just Got Supersized, But Nothing For Members To Worry About

Chant West's latest fees survey highlights the extent to which the regulator's new disclosure regime will instantly make super look more expensive. Super funds now face a massive test to convince their members – and the wider public – that the increases in their publicly-disclosed fees are more perception than reality.

World Markets Drive Funds To A Steady Quarter

Super funds have continued their steady start to the new financial year. Listed share markets, which are the main drivers of growth fund performance, had a positive September quarter and as a result the median growth fund (61 to 80% growth assets) gained 1.5% over the quarter.

A Slow But Steady Start To FY18

After eking out a 0.1% return in July, super funds were in positive territory again in August with the median growth fund (61 to 80% growth assets) rising 0.6%. This brings the cumulative return for the first two months of the 2017/18 financial year to 0.7%.

Super Funds Mark Time In July As Share Markets Cool

After a strong 2016/17 financial year, super funds were flat over the first month of the new year with the median growth fund (61 to 80% growth assets) providing a zero return in July.

Optimistic Share Markets Drive Funds To Eighth Consecutive Gain

Super funds have delivered a positive return for the eighth consecutive financial year, with the median growth fund up 10.7% for 2016/17. Among the major funds, double digit returns were common. Hostplus took the top spot with 13.2%, and even the worst performing fund in our growth category delivered a respectable 7.4%. Growth funds are those that have a 61 to 80% allocation to growth assets and are the ones in which most Australians are invested

Eighth Positive Year, And Over 100% Gain Since GFC

Super funds are poised to deliver a positive return for the eighth consecutive financial year, capping off a remarkable 110% rebound since the end of the Global Financial Crisis. With just two business days remaining, early estimates suggest that the median growth fund will post a very healthy return of 10.5% for 2016/17, while some of the better-performing funds may deliver as much as 12.5%. Growth funds are those that have 61 to 80% of their investments in growth assets, and they are the ones in which the majority of Australian workers are invested.

Super Funds Power On Towards The FY17 Finish Line

With just two weeks of the financial year remaining, super funds are on track to post a remarkably strong annual performance. The median growth fund (61 to 80% growth assets) gained another 0.5% in May, taking the return over the eleven months of the financial year to 10.4%. And with a positive start to June, a double digit return is looking increasingly possible.

Double Digit Super Returns A Live Possibility For FY17

Super funds were again in positive territory in April with the median growth fund (61 to 80% growth assets) up 1.5%. This was the eighth month of positive performance out of the past ten, and the cumulative return for the financial year to date now stands at an impressive 10.1%.

Another Solid Quarter For Super Funds As Economic Outlook Improves

Super funds had a solid March quarter, with the median growth fund (61 to 80% growth assets) up 2.5%. The previous two quarters were also positive, at 3.1% for the September quarter and 2.5% for the December quarter, so the cumulative return for the first nine months of the 2016/17 financial year is now a healthy 8.5%.

Super Funds Survive A Late Market Stumble To Eke Out A Positive Return

Super funds weathered a jittery December quarter on world share markets to finish the 2018 calendar year in the black, if only barely. The 0.8% return, while the lowest since 2011, nonetheless extended the run of positive years to seven.

Chant West Awards To Recognise The Value Of Advice

On May 24, Chant West will present its fifth annual awards at a black-tie function at the Ivy Ballroom, Sydney. The awards recognise the cream of Australia's superannuation and pension funds.

Super Funds Take A Breather After Heady End To 2016

After a strong finish to 2016, super funds were relatively flat in January with the median growth fund (61 to 80% growth assets) down 0.1%. Nevertheless, the return over the seven months of the financial year to date remains healthy at 5.6%.

Late Share Surge Powers Super Funds To Another Positive Year

A strong finish to 2016 from Australian and global share markets ensured that super funds delivered a healthy return for the year and a fifth consecutive positive annual return. The median growth fund returned 7.7% in 2016, and every fund in the growth category delivered a positive result. Returns ranged between 4.2% and 10.1%, with Catholic Super and Hostplus tied for top spot. Growth funds are those that have a 61 to 80% allocation to growth assets and are the ones in which most Australians are invested.

Super Funds Give Ground In October, But Positive Year In Sight

Following a solid September quarter, super funds retreated in October in the lead-up to the US election, with the median growth fund (61 to 80% growth assets) down 0.7% for the month. This brought the return for the first ten months of 2016 to 4.1% so, with only six weeks of the year remaining, there is a good chance that funds will deliver a fifth consecutive calendar year return.

A Solid Quarter To Start FY17, But Markets Nervous Ahead Of US Interest Rate And Election Decisions

After a tumultuous finish to 2015/16, super funds have got off to a good start in the new financial year. Over the September quarter, the median growth fund (61 to 80% allocation to growth assets) gained a solid 3.1%.

Super Funds Nudge Ahead In August

After surging in July, super funds delivered a more modest gain in August with the median growth fund (61 to 80% allocation to growth assets) rising 0.3%. This brings the cumulative return for the first two months of the 2016/17 financial year to 3%.

Super Funds Off To A Strong Start In FY17

After a tumultuous finish to 2015/16, super funds got off to a strong start in the new financial year with the median growth fund (61 to 80% allocation to growth assets) gaining 2.7% in July.

Diversified Investments Help Funds Post Seventh Straight Gain

Australia's major super funds weathered a late Brexit scare to post their seventh consecutive positive financial year return. The median growth fund returned 3% in 2015/16, while the top-performing fund – QSuper – delivered 7.6%. All funds in the Growth category posted positive returns for the year. Growth funds are those that have 61 to 80% of their investments in growth assets and are the ones in which the majority of Australians are invested.

Super Funds Set To Post Gains Despite Brexit Vote Tremors

As the UK’s decision to leave the European Union reverberates through financial markets, super funds are still poised to finish in positive territory for the 2015/16 financial year. With just hours remaining, early estimates suggest that the median growth fund will post a small positive return of about 2.5%, while some of the better-performed funds may deliver up to 6%. Growth funds have 61 to 80% of their investments in growth assets, and are the ones in which the majority of Australians are invested.

A Strong May Keeps Funds In The Black

Super funds have posted a third consecutive positive month, with the median growth fund (61 to 80% allocation to growth assets) gaining 2.3% in May. That takes the return for the first eleven months of the financial year to 4.0%, raising the prospect of a small positive annual return come the end of June.

Super Funds Edge Closer To Another Positive Year

After a disappointing start to the year, super funds have posted a second consecutive positive month and are edging closer to a positive financial year result. Following a rise of 1.8% in March, the median growth fund (61 to 80% allocation to growth assets) gained another 1.4% in April. That takes the return over the ten months of the financial year to date to 1.7%.

A Negative March Quarter For Super Funds, But Still An Even Bet On A Positive FY16

Super funds were in the red over the March 2016 quarter with the median growth fund (61 to 80% allocation to growth assets) retreating 1.1%. That means the return over the nine months of the financial year to date is only marginally positive at 0.1%.

Super Funds Down In February – But It Could Have Been Much Worse

Super funds lost further ground after a tumultuous February, but a mid-month turnaround in share markets limited the damage. The median growth fund (61 to 80% allocation to growth assets) ended up retreating just 0.4%, bringing the return over the eight months of the financial year to date to -1.6%.

Super Fund Awards Finalists Announced

The finalists for the Chant West 2016 Super Fund Awards have been announced. The awards span 12 categories, including Super and Pension Funds of the Year.

AIA Australia & Pillar Administration Major Sponsors Of Chant West Awards Event

Chant West is delighted to announce that AIA Australia & Pillar Administration have agreed to be the major sponsors of its 2016 Super Fund Awards evening to be held on Wednesday, 4 May, at the Ivy Ballroom in Sydney.

Super Funds Avoid Full Brunt Of Share Market Turmoil

Super funds are off to a disappointing start in 2016 on the back of sharp falls in share markets worldwide. The median growth fund (61 to 80% allocation to growth assets) retreated 2.3% in January, and has continued to slide further into the red in February.

Chant West Awards To Recognise The Cream Of The Crop

On May 4, Chant West will present its fourth annual awards at a black-tie function at the Ivy Ballroom, Sydney. The awards recognise the cream of Australia's superannuation and pension funds.

Super Funds Defy Tepid Share Markets To Post Respectable Returns

After averaging 12.7% per annum over the three previous years, super funds delivered a fourth consecutive calendar return in 2015 with the median growth fund returning a more modest but respectable 5.8%. The top-performing fund for the year was MTAA, which returned 9.5%. Even the worst-performing fund in the growth category produced a positive return of 1.8% which is still slightly ahead of inflation for the year. Growth funds are those that have 61 to 80% of their investments in growth assets and are the ones in which the majority of Australians are invested.

Super Funds Limp Towards The Line, But Still In The Black For 2015

After averaging 12.7% per annum over the past three years, super funds look set to deliver a fourth consecutive positive calendar year return – but a much smaller one this year. Following a loss of 0.3% in November, the median growth fund (61 to 80% growth assets) was up 5.7% for the first 11 months of 2015. And while the first half of December has been negative, the median return for the year still stands at an estimated 5%.

Markets Oscillate, But Funds Still On Track For A Positive 2015

Following an up and down September quarter, super funds bounced back strongly in October with the median growth fund (61 to 80% growth assets) up 3.2% for the month. This brought the return for the first ten months of the calendar year to 6.1%, so with only six weeks of 2015 remaining there is a good chance that funds will deliver a fourth consecutive calendar year return.

Diversification Cushions The Blow In Disappointing Quarter For Super Funds

A weak September capped off a disappointing quarter for super funds, with the median growth fund (61 to 80% growth assets) down 1.7% for the first three months of the financial year. However the good news for fund members is that, while listed shares – the main drivers of performance – tumbled more than 6.5%, the broad spread of assets that their funds hold provided a strong measure of protection.

Chant West Awards To Recognise The Cream Of The Crop

On May 4, Chant West will present its fourth annual awards at a black-tie function at the Ivy Ballroom, Sydney. The awards recognise the cream of Australia's superannuation and pension funds.

Super Funds Up In July But The Outlook Is Not So Rosy

Super funds got off to a good start for the 2015/16 financial year, with the median growth fund (61 to 80% growth assets) gaining 2.3% for the month of July. This is on the back of an impressive 9.8% return for the year ended 30 June, which was the sixth consecutive positive financial year.

China Jitters Drag Super Funds Lower In August

Super funds suffered significant losses in August, with the median growth fund (61 to 80% growth assets) down 2.9% on the back of growing concerns over slowing economic growth in China. The poor performance in August more than outweighed the gains in July, so the overall return for the first two months of the 2015/16 financial year was negative, at -0.6%.

Chant West Awards Celebrate Excellence In Super

The winners of the Chant West 2015 Super Fund Awards were announced at a gala event in Sydney on 6 May, attended by more than 300 guests in attendance including industry luminaries and VIPs.