The returns from Australia’s superannuation funds, battered by a see-sawing market in 2016, made a strong run in the closing days of 2016. The Santa rally delivered 2.1% in the final month of the calendar year, taking the annual return for the Median Balanced Option, the setting used by most […]
The volatility in equity markets is making it increasingly unlikely that investors can hope for anything more than very low single digit returns this financial year. The ASX 200 index is today showing a net gain of 1.8% since the start of the financial year, a number which just covers […]
Smacks down even the industry funds.