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Showing 1111 - 1120 of 8011 results for "Average"

New portfolio manager at Pengana

KARREN VERGARA  |  TUESDAY, 20 JUL 2021
... fund's inception in 2014, it has significantly outperformed its benchmark across all time periods, having returned an average of 32.8% per annum. The fund is a concentrated, ethically screened portfolio that invests in a maximum of 20 Australian and ...

Eliminating debt prioritised over pension contributions

KARREN VERGARA  |  MONDAY, 19 JUL 2021
... helping participants balance their emergency savings needs with support to help them across the retirement finish line." On average, surveyed participants expect to retire at 65; some 24% expect to retire at age 64 or younger, while 34% foresee retiring ...

Hostplus delivers 21.3% to members

KARREN VERGARA  |  THURSDAY, 15 JUL 2021
... product in the single strategy category, delivering 24.3% p.a. as at May 2021. Across all MySuper products, some 17.7% on average was achieved in the year to May 2021, underpinned by high performance in equities and property, Rainmaker found. Hostplus ...

Raiz rolls out SMSF functionality

ELIZABETH MCARTHUR  |  THURSDAY, 15 JUL 2021
... annual rate of establishment at decade lows. According to the research, SMSFs trustees are also getting younger, with the average age falling from 48 to 46 years old. Players like Raiz getting into the SMSF market certainly makes sense, as the Investment ...

Colonial First State reports 22.4% in super returns

KANIKA SOOD  |  TUESDAY, 13 JUL 2021
Colonial First State's FirstChoice Lifestage returned an average of 22.4% after fees and tax in FY21. The returns are aggregate across FirstChoice's different lifestages, which have different asset allocations. The 1990-1984 lifestage returned ...

MySuper performance soars

ANNABELLE DICKSON  |  FRIDAY, 9 JUL 2021
... shows. The latest data from Rainmaker Information's Default MySuper Index recorded 2020/21 financial year returns of an average of 18%, after all fees and taxes. According to Rainmaker, the latest time the index recorded such high performance was in ...

Outflows at Magellan

KANIKA SOOD  |  THURSDAY, 8 JUL 2021
... Barrenjoey. For the December 2020 half year, MFG reported NPAT of $202 million, up 3% from the same period in 2019. Total average FUM was $100.9 billion (9% higher), resulting in management fees of $311.4 million (8% higher) and performance fees of $12.4 ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... more than the entire salaries of members of parliament elected to run the nation," he said. He quizzed Stewart on the average Aware Super member balance, after finding out that it was around $130,000 he asked whether she thought it was appropriate to ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... AustralianSuper's MySuper option returning 20.43%. They were the best returns in each fund's history and Cbus also noted it had an average per annum return over its 37-year history of around 9%, with AustralianSuper enjoying a similar per annum return ...

How likely is a super fund to fail YFYS test?

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The average super fund has a 10-15% chance of failing the Your Future, Your Super performance test in any given eight-year period, but some may need to dive a little deeper to determine how at-risk they are, Willis Towers Watson says. Following analysis ...