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August 31st, 2018
First Super was delighted with its crediting rates for the 2017/18 financial year, which were made public in July. The returns showed another year of strong investment performance for our members.
The Balanced option (our default MySuper option) returned an impressive 10.68 per cent for the year. Our Growth option returned a solid 11.90 per cent. Meanwhile, members investing in our Shares Plus option have earned an impressive 13.91 per cent return on their retirement savings.
For our Pension Fund members, the Cash fund earned 2.71 per cent, the Balanced option returned 10.59 per cent, Growth 13.14 per cent, and Shares Plus returned an outstanding 14.29 per cent – a great result for our retired members.
First Super CEO Bill Watson said: “Aside from the Cash option (which performed well considering the low interest environment), returns for this financial year have gone beyond First Super’s investment objectives and delivered a strong result again.
“This just goes to show that you don’t need to be a member of a large super fund to get great returns on your hard-earned retirement savings,” he added. “First Super is a small fund that is providing big returns for low fees.”
You can find full details on each of our investment returns for 2017/18 here.
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