Cbus delivers record returns

The Cbus Super Growth (MySuper) option returnfor this year is 19.34% for members. This is the highest annual return for our growth option in the 37 year history of the fund.

This record result builds on a strong relative result in the previous financial year, where Cbus was one of small group of funds to record a positive return (0.75%).

Cbus investment teams have done a fantastic job of navigating Covid-19 market volatility and the opportunities that presented. Their work will make a real difference to the retirement outcomes of Cbus members not just for the last year but into the future.

While they are proud to have achieved a record result this year, superannuation is always about the long term. And their performance over the long-term continues to be impressive returning on average each year; Cbus’ Growth (Cbus MySuper) average annual returnover the years to 30 June 2021:

9.81% p.a. over 5 years

9.55% p.a. over 10 years

9.25% p.a. over the 37 years since inception

Cbus now manages around 35% of assets in-house. They have made savings of approximately $400M on investment fees since 2017. For the 2021 financial year, they expect to save a further 8% in fees on every dollar invested compared to the previous year. These are savings that go directly to member returns.

For more details, hear from our Chief Investment Officer Kristian Fok

*As at 30 June 2021. The Growth (Cbus MySuper) investment option return is based on the crediting rate, which is the return minus investment fees, taxes, and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance

Cbus’ Trustee is United Super Pty Ltd. ABN 46 006 261 623 AFSL 233792 Cbus ABN 75 493 363 262

This information is about Cbus. It doesn’t take into account your specific needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the relevant Cbus Product Disclosure Statement and related documents to decide whether Cbus is right for you. Call 1300 361 784 or visit cbussuper.com.au for a copy.

This article was publised on 29 July 2021.