Original article by Hannah Wootton
The Australian Financial Review – Page: 7 : 20-Feb-24

Data from Chant West shows that the median growth superannuation fund posted a return of just one per cent in January. This compares with 2.7 per cent growth in December and a three per cent gain in January 2023. Mano Mohankumar of Chant West notes that a strong performance by Australian and international shares in January was offset by mixed results in emerging and bond markets. He adds that a rise in the US inflation rate and concerns about China’s economic outlook weighed on returns late in the month. The median growth fund gained 7.7 per cent in the year to 31 January, and 7.2 per cent over the last decade.

CORPORATES
CHANT WEST FINANCIAL SERVICES PTY LTD