STRONG INVESTMENT PERFORMANCE CONTINUES THROUGH FEBRUARY FLUCTUATIONS26 Mar 2018
In early February we saw significant falls in share markets, including sharp falls in the US, but markets recovered throughout the month. Australian super funds were not immune to the impact of these falls.
Media Super’s Balanced options experienced modest losses for the month of February (-0.19%^ for the Balanced MySuper option and -0.29%^ for the Balanced pension option) but we’re still on track to deliver our members solid returns for the financial year and beyond.
It’s important to remember superannuation is a long-term investment.
YOUR INVESTMENT RETURNS
Our Balanced (MySuper) option – in which most members are invested – returned 6.84%^ for the financial year to 28 February 2018, ahead of the median return of 6.43%.*
The pension Balanced option also performed strongly, returning 7.32%^ for the financial year to 28 February 2018, ahead of the median return of 7.06%.**
Our Balanced investment option (MySuper and pension) is diversified across investments in property, infrastructure, bonds and cash, as well as shares. In addition, we purchased portfolio insurance within the Balanced investment option to reduce the impact of losses when share markets fall heavily. We continue to be one of the few funds that has this type of portfolio insurance in place.
We are confident that the Media Super Balanced investment option is well positioned to meet our long-term investment objectives for your super and pension.
WE’RE HERE TO HELP
We understand that some members may be concerned about the impact of share market fluctuations on their super or pension account balance.
Share market falls can cause people to switch to more conservative investment options because they’re nervous about losses. Unfortunately, this is often the wrong time to switch – as these losses are not actually cemented until they switch to another option – because the same people will miss out on the gains when markets rebound.
If you are concerned, please call our Helpline on 1800 640 886 to talk through your concerns and your investment options.
^ Investment returns are not guaranteed and past performance gives no indication of future returns.
* SuperRatings Fund Crediting Rate Survey – SR50 Balanced options (60-76) Index, February 2018.
** SuperRatings Fund Crediting Rate Survey – SRP50 Balanced options (60-76) Index, February 2018.