avsuper member news

Member number: {member number}

Dear {member},

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. 

Investment markets

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 email, ask us to call you or call 1300 128 751 and leave a message.

Michelle Wade
Chief Executive Officer

AvSuper COVID-19 updatesPS 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.

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