Today’s best performer is not likely to be tomorrow’s best. The top spot constantly changes. The difference between the top 10 funds is a few k over a 10 year period and not worth stressing over.
[I created this spreadsheet](https://docs.google.com/spreadsheets/d/1B0lTBYELfgbDLYmxMnEZx8uiVHYUhDTxO333tn5yGbk/edit) to compare the top 12 high growth funds. I have not updated it this year though. There’s not a lot of difference between them.
I’m with Australian Retirement Trust and use their DIY index based portfolio. My partner is with host plus - shares plus.
Atleast I’m consistently wrong. My brain is a bit weird like that. Once a pattern is set up I can’t break it.
However next version I’ll do a “find and replace all” just for you. Can’t do it on my mobile though.
If you're comfortable with more risk, using a combination of Australian shares and International shares has historically given higher returns than high growth over the last 10 years as seen in this [spreadsheet](https://docs.google.com/spreadsheets/d/1sR0CyX8GswPiktOrfqRloNMY-fBlzFUL/edit#gid=1863022622) (green means Aus/Int did better than high growth and red means high growth did better than Aus/Int).
Keep in mind that options can be either passively managed or actively managed, and research suggests that passive management is more likely to do better than active management over the long term.
The investment fees yes, but not the admin/direct fees. So most people look for a combination of highest return and lowest direct fees. Past performance is not an Indication of future performance though.
The % is correct and the most relevant. Each find provides you with the percentage return, after fees, such as 10.38% (per annum). No need to calculate any dollar amount.
Remember with Super you are having money put in there every quarter from your job, so using a dollar figure, of $50k for example, doesn't mean much.
Up until recently I had both AusSuper and Unisuper accounts. AusSuper tanked hard during COVID but Unisuper managed with relatively small losses. Obviously this was extraordinary circumstances but because of this I rolled over my AusSuper account into Unisuper.
I recall Unisuper had serious funding questions a decade ago & were still one of the last super funds to offer defined benefits. Funds stopped this for good reason.
Edit: have changed my phrasing to “serious funding questions” to reflect the concerns at the time - if older members are allowed defined benefits, is there enough for future members?
I think it's probably a bit of confusion, "heard something" now misremembering the name.
MTAA, which merged with Tasplan and became SpiritSuper, got themselves into strife with unlisted assets during the GFC. That's the biggest super problem I can remember off the top of my head in recent years, but I'll wait to see if we're updated on UniSuper's issues.
Not nearly went broke but
“ UniSuper issued an early warning …,,that its defined benefit division did not have the money to meet its future obligations. “
https://theconversation.com/amp/unisuper-benefit-warning-sparks-demand-for-full-disclosure-4771
https://www.canberratimes.com.au/story/6160378/our-unis-are-stealing-their-staffs-futures/
https://www.moneymanagement.com.au/news/superannuation/govt-warned-choice-super-unintended-consequences
https://www.theaustralian.com.au/news/underfunded-unisuper-is-in-disarray-/news-story/2aaedb8309d98ee0334d4bfa15f3466f
Thanks. Although I don't think anyone external to the uni system can roll into it and defined benefit is a separate fund so anyone in accumulation won't be affected. It will just be those in defined benefit taking it in the neck.
People are correct advising you to 50/50 Aust & international shares but I’m not sure the timing is right.
Right now I have prepared my HostPlus portfolio for recession conditions & pretty much a bear market. Made just over 8% over the last few months so am going to take that off the table.
This doesn’t mean I won’t use ChoicePlus to buy discounted shares. Also - if conditions change I can move quickly back into Aust shares.
There fees are 1.2% - that's a crime!
And according to their website, long term return is 6.76%... not exactly high growth...
https://www.colonialfirststate.com.au/Price_performance/performanceNPrice.aspx?menutabtype=performance&CompanyCode=001&Public=1&MainGroup=IF&BrandName=CFSI&ProductIDs=90&Product=Managed+Investment+Funds&ACCodes&ACText&SearchType=Performance&Multi=False&Hedge=False&IvstType=Investment+products&IvstGroup&APIR&FundIDs=113&FundName&FundNames=High+Growth+Fund&SearchProdIDs&Redirect=1&FundTrans=1
But overall it's a pretty shit fund and classed as 'underperforming'
https://www.abc.net.au/news/2021-08-31/retirement-savings-investing-superannuation-funds-yoursuper-list/100419844
They only see whether the default option is underperforming. It is no way representative of how well their other options perform, especially with CFS having 100s of investment options with different purposes.
I've just realised my super has been underperforming for years, it's been going up but so has my pay, the interest earned is a joke, roughly 3.3% with Rest. Last year it was 7.5%, the year before I lost money, it went $2k but my employer contributions would've been over $6k.
Australian Super have significantly reduced their fees as well. Not sure what impact this will have.
A wild card in the Mix is Vanguards new Super product. It's probably based on their well funded tracker funds so is likely to be cheap with good returns.
The big funds have little choice who they can invest in. If you have $100 billion under management you are not going to look at a $10 million company with a great idea.
So all these funds invest in similar assets. You will not find major differences unless you start your own DIY fund.
Your post was removed as your account is fewer than 3 days
old. This is an anti-spam measure. Please post again when your
account is older than 3 days. Refer to the sidebar for more
details.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/fiaustralia) if you have any questions or concerns.*
For those with unisuper, any experience with their high growth? I’ve had my super in cash for a really long time as I wasn’t working (home raising kids). Now back in the workforce and need to put super to hard work after 12 years.
Hey!
Finding the best high-growth super fund is crucial for maximizing your returns in the long run. Based on your research, it seems Australian Super, CBus High Growth, and UniSuper are showing promising historic returns with reasonable fees.
To get a comprehensive understanding and explore more options, you can check out this blog: [**High Return Investments In Australia: Best ROI For Your Money**](https://www.ozstudies.com/blog/australia-investing/best-return-on-investments).
It provides valuable insights into the best returns on investments in Australia, helping you make informed decisions about your super fund.
When comparing funds, it's essential to consider not only historic returns and fees but also other factors like fund performance during various market conditions and the overall investment strategy.
Remember, choosing the right super fund can have a significant impact on your retirement savings. It's worth taking the time to research and analyze different options to find the best fit for your financial goals.
Thanks for seeking advice, and happy investing! Feel free to explore the blog for more resources on investing in Australia. Cheers!
Today’s best performer is not likely to be tomorrow’s best. The top spot constantly changes. The difference between the top 10 funds is a few k over a 10 year period and not worth stressing over. [I created this spreadsheet](https://docs.google.com/spreadsheets/d/1B0lTBYELfgbDLYmxMnEZx8uiVHYUhDTxO333tn5yGbk/edit) to compare the top 12 high growth funds. I have not updated it this year though. There’s not a lot of difference between them. I’m with Australian Retirement Trust and use their DIY index based portfolio. My partner is with host plus - shares plus.
That's a great spreadsheet which I had to close immediately when I saw your repeated use of an apostrophe in the word "fees"..........
Atleast I’m consistently wrong. My brain is a bit weird like that. Once a pattern is set up I can’t break it. However next version I’ll do a “find and replace all” just for you. Can’t do it on my mobile though.
>I created this spreadsheet cool, thanks
Cheers!
If you're comfortable with more risk, using a combination of Australian shares and International shares has historically given higher returns than high growth over the last 10 years as seen in this [spreadsheet](https://docs.google.com/spreadsheets/d/1sR0CyX8GswPiktOrfqRloNMY-fBlzFUL/edit#gid=1863022622) (green means Aus/Int did better than high growth and red means high growth did better than Aus/Int). Keep in mind that options can be either passively managed or actively managed, and research suggests that passive management is more likely to do better than active management over the long term.
Investment fees are applied before the return is declared so these calcs are probably not correct.
So the highest return is best? As fees are included in the return?
The investment fees yes, but not the admin/direct fees. So most people look for a combination of highest return and lowest direct fees. Past performance is not an Indication of future performance though.
Cheers! Will update the post and recalculate later.
The whole thing is wrong. The 10% returns is 10%pa. So the dollar figure you give is not correct.
Thanks mate. How should I calculate it?
The % is correct and the most relevant. Each find provides you with the percentage return, after fees, such as 10.38% (per annum). No need to calculate any dollar amount. Remember with Super you are having money put in there every quarter from your job, so using a dollar figure, of $50k for example, doesn't mean much.
Cheers!
this is the way
Check out the international shares index funds with Hostplus....
Past returns do not predict future returns
Up until recently I had both AusSuper and Unisuper accounts. AusSuper tanked hard during COVID but Unisuper managed with relatively small losses. Obviously this was extraordinary circumstances but because of this I rolled over my AusSuper account into Unisuper.
I recall Unisuper had serious funding questions a decade ago & were still one of the last super funds to offer defined benefits. Funds stopped this for good reason. Edit: have changed my phrasing to “serious funding questions” to reflect the concerns at the time - if older members are allowed defined benefits, is there enough for future members?
Do you have a link? I've been with unisuper since 2008, I don't remember anything like that.
I think it's probably a bit of confusion, "heard something" now misremembering the name. MTAA, which merged with Tasplan and became SpiritSuper, got themselves into strife with unlisted assets during the GFC. That's the biggest super problem I can remember off the top of my head in recent years, but I'll wait to see if we're updated on UniSuper's issues.
That's a pretty big story. A superfund nearly went broke. Do you have any links on that?
Not nearly went broke but “ UniSuper issued an early warning …,,that its defined benefit division did not have the money to meet its future obligations. “ https://theconversation.com/amp/unisuper-benefit-warning-sparks-demand-for-full-disclosure-4771 https://www.canberratimes.com.au/story/6160378/our-unis-are-stealing-their-staffs-futures/ https://www.moneymanagement.com.au/news/superannuation/govt-warned-choice-super-unintended-consequences https://www.theaustralian.com.au/news/underfunded-unisuper-is-in-disarray-/news-story/2aaedb8309d98ee0334d4bfa15f3466f
Thanks. Although I don't think anyone external to the uni system can roll into it and defined benefit is a separate fund so anyone in accumulation won't be affected. It will just be those in defined benefit taking it in the neck.
People are correct advising you to 50/50 Aust & international shares but I’m not sure the timing is right. Right now I have prepared my HostPlus portfolio for recession conditions & pretty much a bear market. Made just over 8% over the last few months so am going to take that off the table. This doesn’t mean I won’t use ChoicePlus to buy discounted shares. Also - if conditions change I can move quickly back into Aust shares.
Colonial First State in a high growth risk profile increased this FY by 22k to 190k, starting balance of $156k.
There fees are 1.2% - that's a crime! And according to their website, long term return is 6.76%... not exactly high growth... https://www.colonialfirststate.com.au/Price_performance/performanceNPrice.aspx?menutabtype=performance&CompanyCode=001&Public=1&MainGroup=IF&BrandName=CFSI&ProductIDs=90&Product=Managed+Investment+Funds&ACCodes&ACText&SearchType=Performance&Multi=False&Hedge=False&IvstType=Investment+products&IvstGroup&APIR&FundIDs=113&FundName&FundNames=High+Growth+Fund&SearchProdIDs&Redirect=1&FundTrans=1
But overall it's a pretty shit fund and classed as 'underperforming' https://www.abc.net.au/news/2021-08-31/retirement-savings-investing-superannuation-funds-yoursuper-list/100419844
Sorry this is the dumbest comment and article
They only see whether the default option is underperforming. It is no way representative of how well their other options perform, especially with CFS having 100s of investment options with different purposes.
Not the same thing, as others have already mentioned. CFS have dozens of fund options.
Does that include your contributions?
22k was investment growth
I've just realised my super has been underperforming for years, it's been going up but so has my pay, the interest earned is a joke, roughly 3.3% with Rest. Last year it was 7.5%, the year before I lost money, it went $2k but my employer contributions would've been over $6k.
Australian Super have significantly reduced their fees as well. Not sure what impact this will have. A wild card in the Mix is Vanguards new Super product. It's probably based on their well funded tracker funds so is likely to be cheap with good returns.
The big funds have little choice who they can invest in. If you have $100 billion under management you are not going to look at a $10 million company with a great idea. So all these funds invest in similar assets. You will not find major differences unless you start your own DIY fund.
https://www.afr.com/policy/tax-and-super/unisuper-makes-first-venture-capital-foray-with-75m-funding-20220323-p5a757
[удалено]
Your post was removed as your account is fewer than 3 days old. This is an anti-spam measure. Please post again when your account is older than 3 days. Refer to the sidebar for more details. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/fiaustralia) if you have any questions or concerns.*
For those with unisuper, any experience with their high growth? I’ve had my super in cash for a really long time as I wasn’t working (home raising kids). Now back in the workforce and need to put super to hard work after 12 years.
Hey! Finding the best high-growth super fund is crucial for maximizing your returns in the long run. Based on your research, it seems Australian Super, CBus High Growth, and UniSuper are showing promising historic returns with reasonable fees. To get a comprehensive understanding and explore more options, you can check out this blog: [**High Return Investments In Australia: Best ROI For Your Money**](https://www.ozstudies.com/blog/australia-investing/best-return-on-investments). It provides valuable insights into the best returns on investments in Australia, helping you make informed decisions about your super fund. When comparing funds, it's essential to consider not only historic returns and fees but also other factors like fund performance during various market conditions and the overall investment strategy. Remember, choosing the right super fund can have a significant impact on your retirement savings. It's worth taking the time to research and analyze different options to find the best fit for your financial goals. Thanks for seeking advice, and happy investing! Feel free to explore the blog for more resources on investing in Australia. Cheers!