Super funds have recouped some of the April losses in May and pushed the financial year to date (FYTD) return for balanced funds to 8.1 per cent, according to research house SuperRatings.
The median capital stable option returned 5.1 per cent while the median growth fund returned 9.6 per cent in FYTD.
Pension returns followed a similar pattern, with the median balanced pension option increasing by an estimated 9.1 per cent in FYTD. The median capital stable pension option is estimated to have risen 5.5 per cent, while the median growth pension option is estimated to rise 10.8 per cent for the same period.