Media Super finishes top 1013 Feb 2017
In a period of political surprises and volatile investment markets, Media Super has delivered members a solid investment return for 2016. We plan to stay the course with our investment strategy through 2017.
Media Super’s Balanced (MySuper) option, in which most members are invested, returned 6.72%^ for the financial year to 31 December 2016, ahead of the median return of 5.51%,# placing us in the top quartile of Australian super funds for the period.
We also finished 2016 as one of the top 10 funds in Australia, with a Balanced (MySuper) option return of 8.7%** for a 12-month period. After last year’s challenging investment conditions, many super funds lowered their return objective for Balanced (MySuper) options; but we’re confident of our strategy and have maintained our objective to return CPI +3.5% over a rolling 10-year period.
The current environment of low inflation and low interest rates is expected to continue, at least until further increases in US interest rates become a reality. In 2017 we will be keenly watching the outcomes of international elections, evolving fiscal policies, global political positioning and tensions, and developing trade agreements.
Media Super’s Balanced (MySuper) investment option is invested across equities (Australian and overseas), property and infrastructure, fixed interest investments and cash. Plus we have portfolio insurance in place to reduce the impact of losses if share markets fall heavily. We continue to be one of the few funds that has this type of insurance in place.
Investment markets go through cycles, and we expect investment returns for 2016–17 to remain relatively low – but we’re confident that we’ve got the right investment strategy to maximise your returns in the long term.
We understand everyone’s situation is different. If you have questions about your investment options or would like help developing an investment strategy that best meets your needs and circumstances, speak to a Media Super Financial Planner.* You can arrange to speak to a financial planner by calling us on 1800 640 886.
^ Investment returns are not guaranteed and past performance gives no indication of future returns.
# SuperRatings Fund Crediting Rate Survey – Balanced options, December 2016.
** SuperRatings SR50 Balanced (60-76) Index.
* Media Super has engaged Industry Fund Services (IFS) ABN 54 007 016 195 AFSL No 232514 to facilitate the provision of financial advice to members of Media Super. Advice is provided by one of our Financial Planners who are Representatives of IFS. Fees may apply. Further information about the cost of advice is set out in the relevant Financial Services Guide, a copy of which can be obtained by calling IFS on 1300 138 848. IFS is responsible for any personal advice given to you by its Representatives.