One of the top performing MySuper products over the one and three-year periods2
After a tumultuous year in financial markets, Plum’s MySuper Growth Portfolio returned -1.42% for the 2022 financial year.3
This comes after a very strong return of 20.27% in the 2021 financial year.3 4
Given global share markets fell by over 13% this past year and global bonds fell by over 9%5, our MySuper Growth Portfolio proved relatively resilient. In comparison, the median return for a default MySuper option was -3.73%6 over the year, according to the SuperRatings SR50 MySuper Index.
Members in our MySuper Growth Portfolio have also received a return of 5.29% p.a. over three years3. This performance means members invested in the MySuper Growth Portfolio have performed in the top quartile of peers over the one and three-year periods to the end of June 2022,2 reflecting our commitment to help our members retire with confidence.
For MySuper members who are under 55 and have been invested for five years, their return has been 6.3% p.a7 over the period ending 30 June 2022. This is also above the top quartile return of 6.26% p.a. for 5-years to 30 June 2022.6
To deliver the best long-term investment performance for members, Plum MySuper takes a diversified approach to investing, including exposure to growth assets and assets with attractive defensive qualities such as unlisted and alternative assets. Plum’s investment philosophy aims to capitalise on returns from a diverse range of assets while also keeping a watchful eye out for any potential setbacks. Over the last 12-months, this approach has served members in our MySuper Growth Portfolio well, helping to cushion the impact of the year’s market volatility.
Steve Gamerov, Head of Diversified Portfolios and responsible for the investment management of Plum’s MySuper, talks about performance and details some of the ways we manage risk and stay focused on achieving sustainable long-term returns for our members. Read his latest commentary.
The above information is current as at 29.07.2022.
Login to see the investment options and performance returns for your plan.
Returns to 30 June 2022
|Returns (%)||Annualised Returns (% p.a.)|
|1 month||3 months||1 year||5 years||10 years|
|MySuper Growth Portfolio||-3.6%||-5.4%||-1.4%||6.3%||NA3|
|MySuper Conservative Growth Portfolio||-2.6%||-4.1%||-2.2%||NA3||NA3|
|MySuper Cash Plus Portfolio||-0.1%||-0.1%||-0.4%||NA3||NA3|
Pre-mixed investment options
1 Plum MySuper uses a combination of the three investment portfolios (MySuper Growth, MySuper Conservative Growth, MySuper Cash Plus), to provide a mix of growth and defensive assets which changes depending on your age. When you’re under age 55 you’ll be 100% invested in MySuper Growth.
2 Plum Plum MySuper Growth Portfolio option compared to the SuperRatings Fund Crediting Rate Survey – SR50 MySuper Index to June 2022.
3 All returns are net of investment fees and tax considerations and do not include administration fees and costs. For details of relevant fees and costs, refer to the PDS and Investment Menu.
4 Source: Plum Investment Reporting.
5 Global bonds refer to the Bloomberg Barclays Global Aggregate Index (hedged to $A); Global shares refers to the MSCI All Country World Indices (hedged to $A)
6 According to the SuperRatings Fund Crediting Rate Survey – SR50 MySuper Index to the end of June 2022. Returns are calculated net of investment fees, tax and implicit asset-based administration fees. Explicit fees such as fixed dollar administration fees, exit fees, contribution fees and switching fees are excluded. Past performance is not a reliable indicator of future performance. Ratings are only one factor to be taken into account when choosing a super fund.
7 Plum MySuper uses a combination of the three investment portfolios (MySuper Growth, MySuper Conservative Growth, MySuper Cash Plus), to provide a mix of growth and defensive assets which changes depending on your age. When you’re under age 55 you’ll be 100% invested in MySuper Growth. The MySuper investment strategy changed from a single diversified to a lifecycle strategy on 22 March 2019. The returns for the MySuper Growth Portfolio for the period before 2019 are based on the previous single diversified investment strategy. The return for 2019 is based on the return achieved from 1 July 2018 to 22 March 2019 with the single diversified strategy, and the return achieved from 23 March 2019 to 30 June 2022 is based on the lifecycle investment strategy. The return for 5-years is based on return of the MySuper product over that period which had different investment strategies.
This information is provided on behalf of MLC Investments Limited ABN 30 002 641 661 AFSL 230705)(“MLCI”) as responsible entity of a series of MLC managed investment schemes and NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 (NULIS) as Trustee of the MLC Super Fund ABN 70 732 426 024. MLCI and NULIS are part of the IOOF Group of Companies, comprising IOOF Holdings Ltd ABN 49 100 103 722 and its related bodies corporate (IOOF Group).
This information is general in nature and has been prepared without taking account of an investor’s objectives, financial situation or needs. Because of that, investors should consider obtaining independent advice before making any financial decisions based on this information.
Investors should obtain the relevant Product Disclosure Statement before making any decision about whether to acquire or continue to hold the product. A copy of the Product Disclosure Statement or other disclosure document is available on mlc.com.au or plum.com.au.
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.
Any opinions expressed in this presentation constitute our judgement at the time of issue and are subject to change. MLCI and NULIS believe that the information contained in this communication is correct and that any estimates, opinions, conclusions or recommendations are reasonably held or made at the time of compilation. However, no warranty is made as to their accuracy or reliability (which may change without notice) or other information contained in this presentation. Any projection or forward looking statement (‘Projection’) in this communication is provided for information purposes only. No representation is made as to the accuracy or reasonableness of any such Projection or that it will be met. Actual events may vary materially.