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SuperRatings   ⟩   News & Insights   ⟩   Media releases   ⟩   Australia’s super funds deliver an early Christmas for investors
Gordon Toy

AuthorGordon Toy

DateDecember 14, 2017

CategoryMedia releases, News

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This release talks about the continuation of the market rally through December which has supported super fund returns.

Australia’s superannuation funds are on track to deliver double-digit returns for the 2017 calendar year, with share market gains through December pointing to a very merry Christmas for investors. According to SuperRatings, the SR Balanced (60-76) Index, used to measure balanced super fund returns, recorded a 1.3% rise in November, bringing the interim calendar year-to-date return to 9.9%.

“In a year dominated by political uncertainty, nothing managed to deter the global rally we’ve seen since the start of the year,” said SuperRatings CEO Kirby Rappell. “Australia’s super funds are on track to deliver double-digit gains, providing there is no late sell-off before Christmas.”

Download the full media release here

For more information contact:

Gordon Toy
03 9623 6373
Gordon.Toy@lonsec.com.au

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