This year has seen challenging market conditions with sustained ups and downs in investment markets. Despite these challenging conditions, we are pleased to have delivered a healthy financial year return of 8.95%* for our default Growth (MySuper) investment option.
Over longer time periods, we have also delivered strong investment outcomes for our members, with an average annual return of 8.89%* for the Growth (MySuper) option since its inception 39 years ago and 8.27%* over the last 10 years.
In the near term, the outlook for the economic growth, inflation and interest rates remains uncertain, both in Australia and overseas. As a result, our portfolio continues to be positioned somewhat defensively. This approach places us in a strong position to act quickly should valuations fall and present investment opportunities.
Our highly diversified portfolios and robust investment strategy have been built to withstand short term fluctuations and have allowed us to grow our members’ retirement savings over the long-term - which is what super is designed to deliver.
Investment Performance (%) to 30 June 2023
| Growth (MySuper) investment option | |
|---|---|
| 1 year % | 8.95% |
| 3 years % p.a. | 7.76% |
| 5 years % p.a. | 6.17% |
| 10 years % p.a. | 8.27% |
| 15 years % p.a. | 6.87% |
| Since inception p.a. | 8.89% |
*The return is based on the crediting rate, which is returns minus investment fees, taxes and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance. The inception date is 1 July 1984.
End of Financial Year Investment Update
Disclaimer
United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as Trustee for the Construction and Building Unions Superannuation Fund ABN 75 493 363 262 offering Cbus Super products (Cbus and/or Cbus Super). Use of `us’, `we’, `our’ or `the Trustee’ is a reference to United Super Pty Ltd. Use of ‘Fund’ refers to the Construction and Building Unions Superannuation Fund.
This information is about the products offered by the Trustee and is general in nature. It does not take into account your specific needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) to decide which product is right for you on the Cbus website. Past performance is not an indicator of future performance.