Highest annual MySuper return since 2020/21 | Australian Markets

Despite the geopolitical uncertainty and market volatility MySuper default-type superannuation funds generated a third consecutive financial 12 months of constructive efficiency and the very best annual return since 2021, based on Rainmaker.

In evaluation launched this week, the Rainmaker MySuper index delivered 10.6% for the financial 12 months.

It mentioned the MySuper efficiency for 2024/25 mirrored a sturdy 12 months constructed on constant month-to-month positive aspects, with solely three months recording adverse returns.

It mentioned the very best month-to-month return of 2.5% occurred in November, final 12 months, whereas the bottom of adverse 2.1% was recorded in March, this 12 months.

Commenting on the index, Rainmaker govt director of analysis, David Gallagher mentioned the previous three years of annual efficiency had been one of probably the most constant intervals of the previous decade.

“The increasing international equities exposures by funds have also been a strong contributor to total returns, as has the depreciation of the Australian dollar relative to the US dollar.”

“Notwithstanding the economic challenges globally, MySuper assets have continued to grow at above average historical levels since the global pandemic, more than outpacing above average inflation in the same period,” Gallagher mentioned.

Rainmaker famous that there are 15 million MySuper accounts holding $1.1 trillion and that there have been robust constructive returns posted by all asset courses however a lot of the heavy lifting was carried out by equities.