June 2021 investment update

Investment update for June 2021 Markets still impacted by the pandemic and political events The 2021 financial year has witnessed the rollout and distribution of vaccines across major economies. Around a quarter of the world’s population has received at least the first dose of the vaccine, however, emerging economies continue [...]

2022-02-07T15:23:07+11:0017 July 2021|

Best Annual Investment Performance for Growth (MySuper)

AvSuper Growth (MySuper) option 2020-21 return is 20.6% 1 year net return ended 30 June 2021 (Soft close prices – official returns to be posted around 30 July 2021) Dear Members, I am very proud to announce that as at 30 June 2021 we have achieved the best annual investment [...]

2022-02-07T13:57:55+11:006 July 2021|

Legislation updates

Further to the fact sheets we provide after the 2020 and 2021 Federal Budgets, there have been a number of other very recent legislative changes that will impact on superannuation. We have outlined these changes on our Legislation updates page and summarise them below for you: Your Future, Your Super [...]

2022-02-07T15:48:22+11:0028 June 2021|

May 2021 investment update

Investment update for May 2021 Higher than expected inflation data surprised markets In May, the strain on the India’s health system and economy, following a surge in COVID-19 cases, highlighted the need for swift global vaccination rollouts. Inflation data surprised markets over the month. Equity markets finished slightly positive by [...]

2022-02-07T16:13:43+11:0021 June 2021|

Investment performance update at 8 June 2021

Welcome to our investment performance update as we head towards the end of financial year. The following tables summarise our performance against each of the options’ investment objectives. The Growth (MySuper) Option moved into 2nd quartile position compared to other super funds during the March [...]

2022-02-11T13:49:15+11:009 June 2021|

Income stream reductions are extended

Many of our income stream members will be pleased to know that the 50% reduction in mandatory drawdowns has been extended for the 2021-22 financial year. Income stream must withdraw a minimum amount of money each financial year by law. This amount is based on your age and your income [...]

2022-02-07T09:24:41+11:007 June 2021|

April 2021 investment update

Investment update for April 2021 Recovery continues in Australian economy and labour markets despite vaccination delays The global economy continues to recover with GDP rebounding, as vaccine rollouts progress and restrictions start to ease. Industrial production and business fixed investment has improved. Manufacturing and services Purchasing Managers Index (PMI) surveys [...]

2022-02-07T07:55:09+11:0028 May 2021|

March 2021 investment update

Investment update for March 2021 Optimism supported by US$1.9 trillion stimulus package Continued hopes for an ongoing, rapid economic rebound, buoyed risk assets over the month, with world equities up around 5%. Data continued to show that economic activity is recovering. For instance, trade data showed the international movement of [...]

2022-02-07T16:07:18+11:0012 May 2021|

Welcome Michael Sykes to AvSuper

I am very pleased to introduce our members to Michael Sykes, our new CEO, and welcome him to our team. The Board and staff of AvSuper are looking forward to Michael becoming part of the team, and continuing to build upon the living ethos of “Members’ first”. Michael is CPA [...]

2022-02-07T17:17:04+11:009 April 2021|

February 2021 investment update

Investment update for February 2021 COVID-19 vaccines improve investor and consumer sentiments Equity markets finished slightly positive by end of February. Over the month, a sharp increase in government bond yields was a concern for markets in the US and Australia. However, successful vaccination programs commencing around the globe—particularly in [...]

2022-02-07T14:29:09+11:0025 March 2021|