All super options delivered strong returns for the year to 30 June 2018, easily beating their targets. Don’t take our word for it, independent ratings agency SuperRatings listed our Growth option as one of their 15 top-performing funds for the year.
One year and five year returns to 30 June 2018
- One year
- Five years per annum
As Glidepath was established on 1 October 2015, only one year returns are shown for these options. Past performance is not a guarantee of future performance.
But, as always, it’s the long-term results that really count. Our safety first approach is designed to protect and grow your money for years to come, so you can be confident you’re building the foundations for the life after work you’ve always wanted. See how this approach is working over longer timeframes.
How these results were achieved
A positively eventful year
If you watch the market, you’ll know these results were achieved against a backdrop of considerable uncertainty. In the US, markets initially surged ahead, encouraged by the Trump administration’s success in passing tax cuts worth US$1.5 trillion over 10 years. But that surge came to a halt in early-2018 as investors became concerned about trade tensions between the US and its global trading partners.
In Europe, these trade concerns were exacerbated by ongoing political turmoil. There were inconclusive elections, which left Italy without a government for three months, and Brexit negotiations plodded along with no clear end in sight. In the last quarter of financial year 2018, emerging markets suffered from a rapidly rising US dollar, reducing their attractiveness to US investors and making it harder for cash-strapped governments to repay dollar-denominated debt.
Looking beyond this noise, the long term global economic outlook remains fairly positive. The International Monetary Fund (IMF) projects global growth of 3.9% for 2018 and 2019, with the Australian economy forecast to grow 3.0% and 3.1%.
Investing for your future
Rest assured, your money will continue to be invested in long term, high quality, value for money investments. We believe a balanced approach to taking investment risk is the responsible way to deliver attractive returns over time so you can look forward with confidence to a fantastic retirement.