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Showing 1 - 10 of 16 results for "GrowthX"

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
... users throughout their investment journeys. I look forward to working with the Spaceship team." In FY24, Spaceship's GrowthX investment option returned 19.41% to super members and its Global Index option returned 16.99%. It was originally a sub-plan ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... the best results seen so far, with its flagship product returning almost 20% while the other achieved close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% to members for the 12 months to June end. Meantime, the ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... fees will increase, the reductions seen elsewhere will ensure members are overall better off. Currently, members in the GrowthX option are paying administration fees and costs of $78 plus 0.693% per annum. Following the merger, they will pay $78 plus ...

Spaceship Super dumps admin fee waiver

JAMIE WILLIAMSON  |  FRIDAY, 6 OCT 2023
... increased cost will be somewhat offset for some members by a reduction made to the variable administration fee for its GrowthX investment option, implemented on September 1. The fee was reduced from 0.720% of a member's balance to 0.693%. This reduction ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... raise of $7.5 million in 2022. It also comes as its superannuation offering reports outstanding returns for FY23, with the GrowthX option returning 19.86% and the Global Index option returning 17.12%. It said the additional funding will support Spaceship's ...

Spaceship hits $1bn in total assets

KANIKA SOOD  |  TUESDAY, 27 JUL 2021
... Portfolio returned 46.18% in the year ending June, taking its annualised returns to 30.39%. Its flagship superannuation option GrowthX returned 23.41% over the same period, bringing its annualised returns to 15.69% since inception. Spaceship began life ...

Spaceship delivers for millennials

KARREN VERGARA  |  TUESDAY, 3 NOV 2020
... account balance, as well 0.60% of investment fees deducted from the member's total balance. Spaceship's flagship GrowthX option (invested in 88% listed equities) charges admin fees of $78 per year and 0.795% for every $50,000 invested, as well ...

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... managing $180 million around last May to about $300 million now. Returns have helped on the way, with its equities-heavy GrowthX option returning 14.77% over the year ending May. Moore says Spaceship has the no immediate plans to pursue an RSE license ...

ASIC warns funds to clean up adverts

KANIKA SOOD  |  TUESDAY, 16 JUN 2020
... super fund Spaceship and trustee Tidswell to pay $12,600 each and remove a statement from the fund's website claiming its GrowthX option "measure companies". In reality 79% of the fund was tracking an index without any quantitative analysis in June 2017. ...

Spaceship searches for new chief

KARREN VERGARA  |  TUESDAY, 21 MAY 2019
... Superannuation Plan (AESF). In April 2018, ASIC slapped the startup with a fine for promoting "misleading claims" about its GrowthX option, which claimed to "measure companies," but in reality tracked an index the majority of the time. One month later ...
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