Rising investment markets have helped produce a strong return for super fund members with the Median Balanced Option providing a 1.0 per cent gain during the month of May. The good result is welcome news following last month’s 0.3 per cent fall, however, it comes ahead of a forecast decline in June.
“Volatile investment markets are creating a bumpy ride for the end of the financial year, although we still expect most funds to nudge a double-digit return at June 30, for the third year in a row,” SuperRatings founder Jeff Bresnahan said.
The strong May result takes the year-to-date performance to 11.7 per cent, however, in the first half of June, Balanced funds are estimated to be down almost 1.4 per cent.
“Declining share markets and ongoing concern about global economic growth have taken a toll on financial markets during early June. However, most super funds are still set to produce a strong return for the year to June 30, if not a double-digit percentage return,” Mr Bresnahan said.
Returns for periods to the end of May 2015 are outlined below:
| Period | Accumulation Returns | Pension Returns |
| The Month of May 2015 | 1.0% | 1.0% |
| Financial Year return to 31 May 2015 | 11.7% | 12.7% |
| Rolling 1 year return to 31 May 2015 | 12.1% | 13.0% |
| Rolling 3 year return to 31 May 2015 | 13.4% p.a. | 14.5% p.a. |
| Rolling 5 year return to 31 May 2015 | 9.6% p.a. | 10.7% p.a. |
| Rolling 7 year return to 31 May 2015 | 5.7% p.a. | 6.4% p.a. |
| Rolling 10 year return to 31 May 2015 | 6.9% p.a. | 7.4% p.a. |
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