It’s been a particularly volatile year for investment markets, but despite global uncertainty, REI Super has continuously delivered top-quartile returns and excellent results for our members.
In the latest results from ratings agency SuperRatings, REI Super has outperformed most other super funds. With a net investment return of 5.35%, compared to the median* return of 2.58%, our Balanced option was the sixth top performing balanced fund for the 12 months to 30 June 2016.
When taken over a seven-year period, we’ve come in at number five, with an average annual net return to members of 9.21%.
“Even in a difficult investment landscape, REI Super is delivering extremely solid results for our members,” said REI Super’s CEO, Mal Smith.
This follows an announcement last month in which SuperRatings identified REI Super as one of only eight funds to have doubled its members’ money since the GFC. Between 1 March 2009, and 21 May 2016 our Balanced option delivered an accumulated net return of more than 100 per cent.
As of 1 July 2016, we also broadened our reach by becoming a public offer fund. We wanted to make it easier for anyone associated with an existing REI Super member or with the real estate sector to become part of a fund with a long industry standing, with low fees and a record of strong returns.
It also means existing members’ spouses or family members can now join the Fund and they’re not reliant on working with a particular employer.
*SuperRatings Crediting Rate Survey 30 June 2016
Past returns are no guarantee of future performance, and investment returns of less than one year should not be relied upon as any guide to future performance.