QSuper has once again delivered for our members by being named Australia’s top-performing super fund by leading independent consultancy Chant West.
We clearly outperformed other funds by achieving a 7.6 per cent return on our QSuper Balanced Option for our members over the last financial year, compared to the median return of just 3 per cent recorded by other Australian funds.
This is another good result for our members, particularly considering the uncertain global political and economic climate, which included the recent Brexit financial scare. To weather events like these, we have a whole team of experts that manage our investment strategy, ensuring we’re better positioned for market fluctuations.
A big part of our success is our different investment approach to most of the other funds.
QSuper Chief Executive Officer Michael Pennisi said, “We took a position way back in 2011 to reduce equity weights, increase bond weights, and increase real estate, infrastructure investments and other alternatives.” This means our portfolio is really well diversified.
This is just further proof that we’re all about our members’ futures, whether it’s just around the corner or a whole working life away. It also adds to the growing list of awards we’ve won recently.