Business
Hostplus returns dip into red as some funds beat the COVID crunch – The Australian Financial Review
New statistics showed Hostplus’ 12-month return was -1.7 per cent.
“It’s way too early in the process,” Mr Rappell said. He explained that most superannuation funds reviewed their strategies every 12 months, meaning any change in performance would relate more to those previous decisions.
Meanwhile, some super funds managed a positive return for their members despite the challenges of the last 12 months.
Suncorp’s multi-manager growth fund led the pack with a 3.8 per cent return, while BUSSQ’s premium choice-balanced growth option and Australian Ethical’s bala…
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