2020 is definitely shaping up to be a year to remember.
Bushfires, hail, floods and COVID 19, all dominating our
lives on a daily basis.
COVID-19 remains the key theme in financial markets.
While we have observed a severe market correction and
subsequent pullback, there is considerable debate about
the outlook and the shape of any recovery. Whatever
happens, it appears likely that the world will not be
the same on the other side of the pandemic.
Most listed markets have already factored in where they
think the markets are heading, with daily adjustments
for market sentiment and global geopolitical tensions.
Some of the underlying longer term assets and less
frequently valued assets are a little behind. However
AvSuper has been working hard to ensure all Managers
have updated their valuations as soon as practical.
There are also emerging pockets of
opportunities for our underlying Managers to
take advantage of. It is in these uncertain times, that
some the best opportunities arise. So whilst we remain
vigilant of our total current portfolio, we are also
noting where we can make improvements and capitalise on
any impending opportunity.
We have prepared an
investment fact sheet about recent market movements
to help members understand what is happening broadly and
within AvSuper. Please read the fact sheet and call us
if you have further questions.
If you have any
questions about our administrator change or your AvSuper
account in general, please contact us by return
ask us to call you or call
1300 128 751 and leave a message.
Chief Executive Officer
Please check our COVID-19 web page regularly as we
will add all changes and updates to that page in the
coming weeks. Note that our office is unattended but we
are working and will respond to all messages as quickly as possible.