Employer Update

Investment update

Despite the volatility experienced in the last few months leading up to 30 June 2010, double-digit returns were achieved in domestic and international equities as well as listed property. 

The combination of these results together with the performance of our other assets classes resulted in five out of our eight investment options posting double-digit returns.

Investment returns of our diversified options in the year ending 30 June 2010 were:

Diversified option    1 year 10 years
Growth 12.01% 4.71%
Balanced 10.94% 5.41%
Conservative 8.41% 5.30%

See the investment performance figures for all our investment options.

You can read more about the investment and economic conditions in our quarterly market summary.  

Comparing Telstra Super's performance

To provide a meaningful comparison of how our investment options perform, we benchmark ourselves against the performance of other super funds.

Using SuperRatings surveys, Telstra Super endeavours to deliver results that rank in the top quartile of each survey.

The following table shows the performance of several Balanced investment options of well known funds participating in the SuperRatings Survey SR50 Balanced Index (to 30 June 2010).

Fund

1 year

3 years

5 years
AMP SS - Future Directions Balanced 11.44% -5.54% 1.93%
AustralianSuper - Balanced option 10.06% -3.48% 4.47%
Catholic Super - Balanced 8.62% -2.98% 4.92%
Cbus - Core Strategy 8.86% -3.07% 4.54%
Equipsuper Corporate - Balanced Growth 8.60% -2.15% 4.11%
HOSTPLUS - Balanced 8.10% -3.25% 4.09%
REST - Balanced* 9.91% 0.32% 4.79%
Telstra Super - Balanced option 10.94% -3.08% 4.69%
Vision SS - Balanced option 6.51% -3.21% 3.17%
SuperRatings Top quartile result^ 10.94% -2.78% 4.22%
SuperRatings Median result^ 9.79% -3.52% 3.45%

Telstra Super's Balanced option was ranked in the top quartile over the 1 year and 5 year periods and outperformed the survey median over 3 years. 

 

* REST - Balanced option is included in the SuperRatings SR25 Conservative Balanced Index due to a 55% weighting of Growth assets. The performance shown is correct however these results have not been included in the SuperRatings SR50 Balanced Index top quartile results and median results shown.

^ SuperRatings Balanced Index to 30 June 2010.

The asset mix of options may vary from time to time. The future performance of any investment option is not guaranteed and past performance is not a reliable indicator of future performance.