News

Double digit returns

SUPER

06/05/2020

While we experienced a tremendously successful fund year, it would be remiss to ignore that the landscape has changed considerably since then. With the COVID-19 coronavirus at the forefront of our minds, now more than ever it is important to stay on track and where possible, stick to your longer term plan. If you're worried about your super, help and advice is only a phone call away.

Now, let's take a look at the year that was. With a history of solid long-term investment performance, we are pleased to report that VISSF has posted very healthy returns for the year ending 31 January 2020.

The All Growth option produced an impressive 17.8% return, one of our best annual returns for the past five years, while the Balanced and Conservative options delivered 14.5% and 9.4% respectively. Diversified options with higher weightings towards growth assets such as Australian and global shares were the strongest performers. These results reinforce our commitment to building your super balance as we deliver on our promise to grow your wealth and help you achieve the kind of retirement you want.

Year in review

The year ending 31 January 2020 proved to be a year of strong investment performance across all asset classes with global share markets leading the way, having its best year since 2009 (as measured by the MSCI World index). Global equity markets benefited from a de-escalation in the US-China trade tensions after the two countries finally agreed on a phase one trade deal. Further support came from the willingness of global central banks to provide economic stimulus in the face of rising global growth fears, falling bond yields and heightened geo-political risks. Against this backdrop, fixed income assets also achieved positive returns for the year, however recent months have been challenging as the US-China trade issues de-escalated and investors became more willing to invest in riskier assets. 


With strong investment performance across all asset classes during the year, all our diversified options have outperformed their inflation relative investment objectives, as measured by the Consumer Price Index, across all periods to 31 January 2020. 

See the table below for investment return details.

Year ended 31 January 2020 One year (%) 3 year compound average
(% p.a.)
5 year compound average
(% p.a.)
7 year compound average
(% p.a.)
10 year compound average
(% p.a.)
All Growth 17.8 10.6 9.0 10.5 9.5
Objective (CPI + 3.5%) 5.3 5.3 5.2 5.4 5.6
Outperformance 12.5 5.3 3.8 5.2 3.9
Balanced 14.5 8.9 7.5 8.9 8.4
Objective (CPI + 3.0%) 4.8 4.8 4.7 4.9 5.1
Outperformance 9.7 4.0 22.8 4.0 3.3
Conservative 9.4 5.9 5.1 5.9 6.3
Objective (CPI + 1.5%) 3.3 3.3 3.2 3.4 3.6
Outperformance 6.1 2.6 1.8 2.6 2.7
Cash 0.8 1.0 1.2 1.4 2.0
Objective (Bloomberg AusBond Index [1]) 0.8 1.1 1.4 1.4 2.1
Outperformance 0.0 -0.1 -0.1 0.0 -0.1
Inflation CPI 1.8 1.8 1.7 1.9 2.1

[1] The Bloomberg Aus Bond Bank Bill Index returns are net of fees.

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