Original article by Hannah Wootton
The Australian Financial Review – Page: 3 : 24-Apr-24

Data from Chant West shows that the median growth superannuation fund posted a return of 8.8 per cent for the first nine months of 2023-24. This is just shy of the total return of 9.2 per cent for the full 2022-23 financial year. Chant West’s Mano Mohankumar says the performance of Australian and international equities were the key driver for the strong return; he notes that growth funds have gained 11 per cent since November, after losing 1.9 per cent in the first four months of the financial year. Balanced funds delivered a return of seven per cent for the nine months to 31 March.

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