MTAA Super has delivered double-digit returns for its members three years in a row.
The industry superannuation fund is very pleased to announce its performance figures for the 2014/15 financial year.
MTAA Super’s My AutoSuper (Balanced Option) achieved a return of 11.74 per cent for its members in 2014/15.
Release of figures from independent superannuation research firms Chant West and SuperRatings show MTAA Super outperformed many of its competitors with second place in the table of top 10 performers in both surveys.
MTAA Super Chief Executive Officer, Leeanne Turner said the strong returns in the 2014/15 year followed a return of 10.46 per cent in 2012/13 and 12.17 per cent in 2013/14.
Ms Turner said the returns resulted from a broad series of drivers across the portfolio, including strong returns from assets in the infrastructure, property and private equity classes.
Overall outperformance from the Fund’s listed equity managers further contributed to the impressive investment performance.
“We are very pleased with these results; however it is important to remember that superannuation is a long term investment, and MTAA Super is committed to building security and wealth for our members over the long term.”
MTAA Super Chair, John Brumby, said over the past two years MTAA Super had been recognised with several awards - Investment Award for Excellence 2013, Trustee of the Year 2014, Fund Executive of the Year 2014 and most recently the prestigious Fund of the Year - Medium at the Conexus Financial Superannuation Awards.
“All of this demonstrates MTAA Super’s continued pursuit of excellence which translates to better returns and outcomes for our members,” Mr Brumby said.
MTAA Super has $8.5 billion in funds under management and represents 260,000 members.