Investment insights: December 2023 quarter
Qantas Super had a strong end to the 2023 calendar year, with each of our investment options posting strong gains over the December quarter.
Qantas Super has delivered bumper returns for members in the 2020/21 financial year, with each of our investment options performing exceptionally well.
While the onset of the pandemic caused short-term volatility in global markets in early 2020, markets began to rebound in the June 2020 quarter and continued their gains through the 2020/21 financial year, buoyed by factors including government stimulus, lower interest rates, and the development of COVID-19 vaccines.
This led to some record returns for Qantas Super: both our Aggressive and Growth options realised the highest returns for a Qantas Super option since 1987, with Aggressive returning 26.8% and Growth returning 22.0% over the 2020/21 financial year.
This strong performance saw our Growth option ranked the top balanced option for the 2020/21 financial year by leading independent research house, SuperRatings.
Our Aggressive and Balanced options were also ranked the top options in their respective surveys by SuperRatings, while our Conservative option was ranked second for the 2020/21 financial year.
As at 30 June 2021 – all returns are per annum and after investment fees.
Investment option | p.a. | p.a. | p.a. | p.a. | p.a. | |
---|---|---|---|---|---|---|
Glidepath: Take-off | ||||||
Glidepath: Altitude | ||||||
Glidepath: Cruising | ||||||
Glidepath: Destination | ||||||
Aggressive | ||||||
Growth | ||||||
Balanced | ||||||
Conservative | ||||||
Cash |
As Glidepath was established on 1 October 2015, only five year returns are available for these options. Since 1 October 2015, Qantas Super’s retirement solution for members has been offered in our Gateway division (previously offered in Divisions 9 and 14). Returns shown are based on the returns of the corresponding investment options previously available through Division 9. Returns do not include administration fees, insurance premiums, and other fees that may be applied directly to your account. Returns for super and TTR accounts are also net of taxes. The actual return for your account depends on the period of time you were invested in an investment option, the timing of transactions in and out of your account, and the impacts of compounding. Past performance is not a guarantee of future performance.
As at 30 June 2021 – all returns and objectives are per annum and after investment fees.
Investment opton | Return objective | Actual return | Return objective | Difference |
---|---|---|---|---|
Glidepath: Take-off | CPI +4.5% p.a. over 10 years | 10.8% (5 year return) | 6.5% | +4.3% |
Glidepath: Altitude | CPI +3.5% p.a. over 7 years | 9.4% (5 year return) | 5.5% | +3.9% |
Glidepath: Cruising | CPI +3.0% p.a. over 6 years | 8.4% (5 year return) | 5.0% | +3.4% |
Glidepath: Destination | CPI +2.5% p.a. over 5 years | 7.2% (5 year return) | 4.5% | +2.7% |
Aggressive | CPI +4.5% p.a. over 10 years | 9.3% (10 year return) | 6.6% | +2.7% |
Growth | CPI +3.5% p.a. over 7 years | 7.9% (7 year return) | 5.6% | +2.3% |
Balanced | CPI +2.5% p.a. over 5 years | 7.2% (5 year return) | 4.7% | +2.5% |
Conservative | CPI +1.5% p.a. over 3 years | 5.1% (3 year return) | 3.5% | +1.6% |
Cash | Bloomberg AusBond Bank Bill over 1 year | 0.7% (1 year return) | 0.1% | +0.6% |
As Glidepath was established on 1 October 2015, only five year returns are shown for these options. Past performance is not a guarantee of future performance.
Each of our investment options are meeting their stated return objectives.
These objectives are linked to the Consumer Price Index, which measures inflation. We aim to achieve these objectives so your super account delivers a return higher than the rate of inflation over the long term, as your superannuation will support your income and lifestyle in retirement.
Qantas Super had a strong end to the 2023 calendar year, with each of our investment options posting strong gains over the December quarter.
Markets kicked off the 2023 calendar year on a positive note, with each investment option almost doubling their return for the year to date from the December 2022 quarter to the end of March 2023.
After several years of volatility in investment markets, with returns swinging from negative to record highs, and back to the low single-digits, the 2022/23 financial year has seen a return to what we could consider more ‘normal’ numbers, with Qantas Super delivering strong absolute returns across all investment options.
If you want to learn more or need help with making a decision about your super, you can get simple advice over the phone. It’s included as a part of your membership so there’s no extra cost.