MB Fund tops Australia’s best super funds

Via The Australian:

Industry super fund Hostplus is taking a contrarian view on the market as it celebrates being named Australia’s best-performing super fund for the second year running.

The fund’s balanced option posted a 12.5 per cent return for the 2018 financial year, smashing the median return of 9.2 per cent across the industry, according to figures from superannuation consultancy Chant West.

Hostplus’s equity exposure, sitting at 53 per cent, is made up of 25 per cent Australian shares, 20 per cent international shares and 8 per cent emerging market shares. The fund is looking at taking a little bit off the table in Australian shares — 1 per cent or 2 per cent at most — and moving it to international shares to gain more exposure to a broader range of industries.

The balance appears to be private equity and other off-market investments. In other words Hostplus is high risk with no bonds and virtually no cash.

Yet the MB Fund beat its returns with 12.6% in just eleven months:

And we did it with a lower risk allocation of smaller equities balances and much higher cash and fixed interest.

The good news for you lot is that the Fund is in the final stages of completing the legals for the retail super option, to be opened in the next few months.

Sign up below and we’ll get you in first.

The information on this blog contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen is an authorised representative of Nucleus Wealth Management, a Corporate Authorised Representative of Integrity Private Wealth Pty Ltd, AFSL 436298.