TelstraSuper returns 9.6pc in FY24 for default MySuper

TelstraSuper has posted a 9.6 per cent return for its MySuper Growth option in FY24, which is the investment option that applies to all members below age 50 who do not make an investment choice. 

For the 12 months to 30 June 2024, TelstraSuper’s MySuper Balanced investment option (which applies to members between age 50 and 65) earned 8 per cent.  

The MySuper Moderate option (which applies to members between age 65 and 70) earned 7 per cent and the MySuper Conservative option (which applies to members above age 70) earned 4.9 per cent. All returns are net of investment fees and taxes.