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Balanced funds benefit from responsible approach

Socially-responsible superannuation funds are paying off for members with funds taking this approach offering the best rewards in the balanced category.

Balanced funds benefit from responsible approach

Socially-responsible superannuation funds are paying off for members with funds taking this approach offering the best rewards in the balanced category.

Three CFS balanced funds perform best in Q1

Top performing balanced superannuation funds during Q1 2021 Source: FE Analytics On the other end of the scale, there was only one fund that lost returns – AXA Flexible Income Plan Matched Portfolio lost 0.67%. Over the longer-term, it was AMP SIGS MySuper Macquarie Balanced Growth that performed the best at 52.95% over the five years to 31 March, 2021. Two CareSuper funds followed – CareSuper Balanced and CareSuper Sustainable Balanced – at 51.91% and 51.76% respectively, and Australian Ethical Balanced Accumulation at 50.96% and AMP SignatureSuper Macquarie Balanced Growth at 50.18%. The sector average over the five years at 32.25%. Top performing balanced superannuation funds over the five years to 31 March 2021 Source: FE Analytics

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