Vision Super’s April performance
Whether through a global pandemic or just day-to-day management of your super it’s important to know that your super isn’t invested only in shares, but also in other types of assets, which helps spreads the risk. In the 12 months to the end of April this year, the Australian equity market, as measured by the ASX300, returned minus 9.1% including dividends, but for members in our Balanced growth option the returns over the same period were significantly not as bad - minus 1.09%#. This shows how diversification in our Balanced growth option helps to protect your retirement savings. Vision Super’s longer-term performance remains strong, as shown in the graph, so it’s important to stick to your strategy and invest for the long term.
How we compare
Our performance has remained competitive with other super funds. Over the long term, these differences can make a meaningful impact to your account balance.
Most Vision Super members are in our MySuper option, Balanced growth. We compare the performance of this option to similar MySuper funds. As you can see in the graph below, for the period to 30 April 2020 our performance remains competitive over one, three, five and ten years, where we sit well above the average.
The best investment option for you is the one that suits your personal goals, whether they be short or long term. With Vision Super you can receive advice at no cost^ from our financial advisers to help develop a strategy tailored for you. It’s never too late or early to get advice and doing so could make a big difference to your retirement savings. To book an appointment with a Vision Super financial planner, call the Contact Centre on 1300 300 820 to arrange an appointment.
#Before making any changes to your super investments, please consider your personal objectives, situation and needs. Also remember that past returns are no guarantee of future performance.
*Source: SuperRatings’ Fund Crediting Rate Survey, April 2020.
^No cost financial advice is limited to single topics relating to your Vision Super accounts.