Summary: It wasn’t the best way to end off the financial year, with the Australian market falling in tandem with a sell-off on the US market. Yet, even with a drop of more than 1 per cent, most managed super funds have done quite well. Self-managed super fund trustees should be benchmarking their performance against the broader superannuation marketplace.
Key take-out: International and Australian shares delivered the best returns in 2016-17. Property trusts went backwards, while bonds and cash remained weak performers.
When it comes to investment performance, the story is always in the bottom-line.