FOR IMMEDIATE RELEASE: 15/7/2020
0431 238 714
Super Newcomer Outperforms Industry Funds
Superestate today announced investment option performance for the last financial year. This outcome is a major achievement for Superestate on its mission to bring diversified residential property investment to the forefront of super investment strategies.
“The benefits of a diversified property strategy was highlighted during the COVID-19 market downturn” says Grant Brits, CEO at Superestate. “whilst financial market were experiencing record volatility and downturns our property portfolio remained stable and continued to generate positive returns for our members.”
This news comes in the wake of the fund launching a new low – fee investment option last year, offering lower fees than all of the Industry Fund MySuper options Superestate has outperformed in the 2019/2020 financial year.
Despite near global economic collapse, Superestate’s investment strategy has risen to the top with all three investment options boasting positive returns for FY2020;
Growth Property +2.27%
Balanced Property +0.97%
Balanced Essentials* +0.84%
* low fee option
Comparatively, the incumbent default MySuper products have seen somewhat lacklustre results;
Australian Super +0.52%
Launching in 2018, Superestate has made it possible for all Australian’s to invest in residential property through their super. This is a brand-new investment strategy no other super fund offers, with successful returns proving that Australia’s largest asset class, residential property, should not have been overlooked.
For further information or to arrange an interview with Superestate CEO Grant Brits, please call or email Katie Mazzoni on 0431 238 714 or [email protected]