These funds do not disclose what unlisted assets they hold, what methodology is used to value them or when and how often the unlisted assets are revalued.įor example, Hostplus reported a +1.6% performance in the 2022 financial year for their balanced fund, whilst their peers reported performances averaging -4.7%. These funds, therefore, boasted that they had achieved the best super fund performance last financial year. They claim that the valuation of these unlisted assets is not affected by market movements because they are long-term investments. They put this down to a high amount of their funds being in unlisted assets.

The first trend we uncovered in this year’s report is that some prominent funds claimed that they are less impacted by the volatility. Global financial markets experienced very high volatility in the 2022 financial year. ' Australians can boost their super by around $245,000, on average, between the ages of 35 and 65 simply by moving from a super fund charging investment fees of 0.5% per year instead of 1.5% per year.' The 2022 Edition marks the tenth annual edition and can be downloaded in full via the following link: īelow are the recent key trends as identified in the 2022 Fat Cat Funds Report. The report has been aptly named the Fat Cat Funds Report. SMSFundamentals is an ongoing feature series dedicated to providing SMSF trustees with valuable news, investment ideas and services, in line with SMSF requirements and obligations.įor an introduction and story archive please visit FNArena's SMSFundamentals section on the website.įor ten years now, Stockspot has been publishing an annual review of Australian superannuation funds, with an eagle eye focus on management fees and costs, including ranking the best and worst-performing funds. This story features PLATINUM ASSET MANAGEMENT LIMITED, and other companies.

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