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Showing 1 - 10 of 29 results for "MySuper Balanced"

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... delivery of tangible member benefits across several metrics going into 2025. The fund returned 11.95% for its MySuper Balanced option to 31 December 2024 and saw a record 300% increase in member growth from April to November 2024 compared with the prior ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
... - which also announced its 2024 performance - returned 12.67% in its MySuper Growth option and 10.49% for its MySuper Balanced investment option. Meanwhile, its high growth investment option, introduced in October 2023 that primarily focuses on technology ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... private equity, infrastructure, and fixed interest. It also reduced its exposure to credit and cash holdings. The MySuper Balanced option saw investment fees increase from 0.50% to 0.52% p.a. while transaction costs reduced from 0.06% to 0.05%

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... age 50 onwards," he explained. Before October 2023, once a member turned 45, they were transitioned into the MySuper Balanced option, however this was changed in recognition of changing lifestyles and longer life expectancies. "Younger members under ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
Colonial First State (CFS) has posted double digit returns for its MySuper balanced and growth funds during FY24. CFS's FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) achieved a 12.1% return, while its FirstChoice Employer Super ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

AustralianSuper unleashes raft of investment and fee changes

ELIZA BAVIN  |  TUESDAY, 2 JUL 2024
... fees and costs for investments and transactions, impacting the overall annual fee for numerous products. For its MySuper Balanced option, investment fees have increased from 0.50% to 0.52% p.a. and reduced transaction costs from 0.06% to 0.05%. The changes ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Legalsuper is raising the investment fees of its MySuper balanced option product from December 14, resulting in an annual cost increase for an account balance of $50,000 from $546.92 to $596.92. For the $5.4 billion industry fund's default investment ...

legalsuper appoints finance chief

ELIZABETH FRY  |  MONDAY, 16 OCT 2023
... he is looking for a new investment chief and a finance chief. The chief executive noted that legalsuper's MySuper balanced option, where the majority of the fund's members are invested, recorded a solid return of 7.92% for the year to 30 June ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... an additional $100 million in venture capital projects, while also confirming it returned 8% to members in its MySuper Balanced option. The fund invested a further $100 million with IP Group Australia, via its joint fund. To date, Hostplus has contributed ...
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