Morgan Wealth 10 year average annual performance

Clients’ SMSFs outperform large super funds by 50%

Superannuation performance over 10 years

On 19 January 2011 APRA issued a Media Release disclosing that the average rate of return (ROR) for large superannuation funds for the 10 years ended 30 June 2010 was 3.3% per annum.

The ROR ranged from 2.5% for retail funds to 4.2% for public sectors.

Returns for Morgan Wealth managed SMSFs averaged 7.57% after fees for the same period. The disparity in performances is highlighted in the above diagram which shows how an initial investment of $1 million would have grown over the 10 years.

Past performance may not be a reliable indicator of future performance.

Read the full APRA release here

Economic & Market Commentary April 2011

Globally the March quarter was notable for emerging signs of growth in industrial output in the US and the major European economies, Germany and France. Growth in China and other Asian economies was accompanied by concerns of a buildup of inflationary pressures.

Equities extended the rally that began mid last year as corporate profits continued to surprise on the upside. However, there was a brief selloff in equities as political unrest in the Middle East and North Africa unsettled investors. The pullback intensified following the massive earthquake and subsequent tsunami and nuclear damage in Japan in mid-March. By the end of the quarter, equities had shrugged off these concerns and rebounded strongly to finish in positive territory.

Read the full Economic & Market Commentary April 2011 here

Wayne Morgan
Managing Director, Morgan Wealth Management Group