SMSFs trail bigger funds by up to 16pc

Original article by Sally Patten
The Australian Financial Review – Page: 3 : 5-Jul-17

Data from Rainmaker shows that Australia’s self-managed superannuation funds achieved an average annual return of 4.6 per cent in the 10 years to May 2017. In contrast, mainstream super funds had an average annual return of 4.5 per cent. However, Rainmaker forecasts that SMSFs underperformed mainstream funds in the year to May 2017, with respective returns of 7.7 and 9.2 per cent. Rainmaker MD Christopher Page says SMSF trustees should focus on the return over 10 years rather than one year.

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RAINMAKER INFORMATION SERVICES PTY LTD, CHANT WEST FINANCIAL SERVICES PTY LTD, AUSTRALIAN TAXATION OFFICE

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