'Remarkable' super fund growth despite tech wreck

‘Remarkable’ super fund growth despite tech wreck
Super funds notched up another month of solid growth in February but members should still prepare for a ‘bumpy’ ride ahead.
Money
by Cliona O’Dowd
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Super funds notched up another positive month in February, with the median growth fund returning 0.9 per cent and pushing the cumulative return for the past 12 months close to 20 per cent, according to Chant West.
February's return was dampened by the global tech wreck that hit equity markets in the second half of the month, with the 0.9 per cent final figure well below the 2.5 per cent gain the research house estimated funds had achieved midway through the month.

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