Super returns headed to positive EOFY | Australian Markets

Despite the volatility created by US President, Donald Trump’s tariff regime, superannuation fund returns seem set to finish the financial yr in positive territory, in accordance to superannuation analysis and rankings home, SuperScores.

The SuperScores evaluation has pointed to a positive 2.6% end in May for the median balanced option, following the small positive end in April.

SuperScores govt director, Kirby Rappell stated the outcome pointed to returns being on observe for a robust financial yr outcome, regardless of the persevering with volatility.

He famous that the median growth option grew by 3.1% for the month, whereas the median capital steady option rose by a more modest 1.1%.

Pension returns additionally recovered strongly, with the median balanced pension option growing by an estimated 2.9%. The median capital steady pension option is estimated to rise 1.2% over the month whereas the median growth pension option is estimated to rise 3.5% for a similar period.

“Funds are now on track to deliver mid to high single digit returns for the financial year, with more growth focused options potentially reaching double digits if we see current momentum carry through June,” Rappell stated.

“However, as we saw a few months ago, markets can change quickly, and we encourage members to remember that superannuation is a long term investment.”