Sydney, 11 August 2021 – smartMonday is pleased to announce the performance of its MySuper, Growth and Balanced Growth Options have again placed amongst the best performing super funds in a fantastic year for superannuation members.
smartMonday’s MySuper (Age 35) achieved an excellent return of 22.46% for the financial year to end June 2021, and 10.86% over five years.
smartMonday Growth Active also achieved an exceptional 22.54% return in its one-year performance, with 9.36% over five years.
Across its Balanced cohorts smartMonday MySuper (Age 50) saw 18.32% of growth over one year and 9.61% over five years, with smartMonday Balanced Growth Active reaching 18.52% for one year and 8.22% over five.
smartMonday has consistently exceeded peers over the long term compared to SuperRatings’ peer median return1.
The smartMonday approach to investing is driven by the global investment consultant Aon whose expertise has provided industry leading returns for members since its launch in 2014.
“In 2020-21 smartMonday members have benefitted strongly from the market recovery in growth assets. smartMonday’s long-term strategy which emphasises growth assets such as shares and sensible diversification helped members get through the COVID-19 crisis and access the great returns that followed,” said Ed Tomlinson, Head of Investments – Pacific region for Aon.
“smartMonday members across our MySuper and many Choice options have seen bumper returns over the year, and while we emphasise a long-term approach to super, we are very pleased that our members can be confident that their retirement savings are working for them, whatever day of the week they are, for their bright weekend. It’s certainly been a challenging year for many people and we are proud to deliver for our members,” said Shannon O’Shea, Head of Member and Corporate Services at Aon.
smartMonday is also proud that its suite of super products also retained its SelectingSuper AAA Quality rating in a recently announced industry product assessment. smartMonday DIRECT, smartMonday PRIME and smartMonday PENSION were assessed and achieved the AAA Quality rating amongst a field of nearly 700 superannuation products.
All returns quoted are shown net of investment fees and taxes
Emma Casey email@example.com / 0401494436