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ANZ Smart Choice Super report: September 2016


Published October 2016

A surprising market turnaround after the Brexit shock has led to positive returns for ANZ Smart Choice Super, writes Mark Rider.

ANZ Smart Choice Super  delivered positive returns for the September quarter, despite a shaky start to the 2016-17 financial year.

The quarter started strongly in July with most growth asset classes generating strong positive returns. This was despite considerable volatility in shares and currency markets as a result of the Brexit.

Growth assets are designed to grow your investment. They include investments such as shares and property. They tend to carry higher levels of risk, yet have the potential to deliver higher returns over longer investment time frames, which is why they’re generally attractive to younger investors who are comfortable to trade security and certainty for more potential growth.

Also in this quarter, ANZ Smart Choice Super achieved CANSTAR’s five-star “Outstanding Value” status for the fourth year running. CANSTAR’s 2016 analysis considered 68 superannuation schemes and its star ratings are calculated by comparing products based on price and features.

September-quarter performance

The ANZ Smart Choice Super lifestage options portfolios with higher allocations to growth assets (1990s and 1980s) performed the strongest, because those assets performed well in the three months to the end of September 2016.

It should be noted, older lifestage investment options with higher allocations to defensive assets also did well, as fixed-income investments returned close to 1 per cent for the quarter.

ANZ Smart Choice Super lifestage investment options' performance (%)

Options 3 months 6 months 1 year 3 years p.a.
1940s 0.98 2.81 4.63 4.74
1950s 1.54 4.31 6.44 6.35
1960s 2.34 5.62 7.69 7.12
1970s 2.91 6.48 8.62 7.56
1980s 3.13 6.85 8.84 7.85
1990s 3.17 6.96 8.98 7.88


Note: Returns quoted use the unit price which is calculated using the net asset values for the relevant month end. Please note that all returns are after the deduction of investment fees. Reporting data is to September 30, 2016 and provided by ANZ Wealth. PA = per annum. Past performance is not a reliable indicator of future performance. 

ANZ Smart Choice Super choose your own investment mix performance (%)

Investment options 3 months 6 months 1 year 3 years (p.a.)
Cash 0.40 0.85 1.80 2.08
Conservative 0.98 2.61 4.64 4.42
Moderate 1.69 4.52 6.71 6.41
Growth 2.65 6.09 8.26 7.30
Australian equities 4.85 8.59 12.42 6.10
International equities         4.63 6.64 10.75 8.94
Global property 0.50 4.86 14.85 12.09
Global fixed interest                  0.60 3.08 6.72 5.91


Note: Returns quoted use the unit price which is calculated using the net asset values for the relevant month end. All returns are after the deduction of investment fees. Reporting data is to September 30, 2016 and provided by ANZ Wealth. PA = per annum. Past performance is not a reliable indicator of future performance.

Disclaimer: The above investment returns are not applicable to QBE members. Refer to footnotes below for important information.

Members of ANZ Smart Choice Super for employers and their employees can access the latest returns across the full suite of investment choices (PDF 111kB) or by visiting the ‘Investment portfolio’ page via your ANZ Smart Choice Super account in ANZ Internet Banking.

 



Mark Rider
Mark Rider is ANZ Wealth’s chief investment officer, responsible for delivering an overarching investment strategy, including asset allocation, investment themes, investment manager and product selection and monitoring for ANZ Wealth in Australia. Before joining ANZ in 2013, Mark spent 15 years at UBS and 10 years at the Reserve Bank of Australia, making him a well-recognised and respected member of the Australian investment community.

 

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OnePath Custodians Pty Limited (OnePath Custodians) ABN 12 008 508 496, AFSL 238346, RSE L0000673 is the trustee of the Retirement Portfolio Service (ABN 61 808 189 263, RSE R1000986) (Fund) and issuer of the interests in “ANZ Smart Choice Super”, a suite of products consisting of ANZ Smart Choice Super, ANZ Smart Choice Super for employers and their employees and ANZ Smart Choice Super for QBE Management Services Pty Ltd and their employees.

ANZ Smart Choice Super is issued by OnePath Custodians and distributed by Australia and New Zealand Banking Group Limited (ANZ) 11 005 357 522. ANZ is an authorised deposit taking institution (Bank) under the Banking Act 1959 (Cth). OnePath Custodians is the issuer of this product but is not a Bank. Except as described in the relevant Product Disclosure Statement, the obligations of OnePath Custodians are not deposits or liabilities of ANZ or its related group companies. None of them stands behind or guarantees the issuer or the capital or performance of any investment. Such investment is subject to investment risk, including possible repayment delays and loss of income and principal invested. Returns can go up and down. Past performance is not indicative of future performance.

This information is subject to change. You should read the relevant Financial Services Guide (FSG), PDS, product and other updates (for open and closed products) available at ANZ.com.au/super and consider whether the product is right for you before making a decision to acquire, or to continue to hold the product. Updated information will be available free of charge by calling Customer Services on 133 665.

Taxation law is complex and this information has been prepared as a guide only and does not represent tax advice. Please see your tax adviser for independent taxation advice.

The information on insurance cover is a summary only of the terms and conditions applying to the insurance cover. To the extent there is any inconsistency with the terms of the insurance cover provided by the insurer, the terms of the insurance policy will prevail.

The information provided is of a general nature and does not take into account your personal needs, financial circumstances or objectives. Before acting on this information, you should consider the appropriateness of the information, having regard to your needs, financial circumstances or objectives. The case studies used in this article are hypothetical and are not meant to illustrate the circumstances of any particular individual. Opinions expressed in this document are those of the authors only.

ANZ does not represent or guarantee that access to the ANZ Internet Banking or the ANZ App will be uninterrupted. Temporary service disruptions may occur. ANZ recommends that you read the ANZ App Terms and Conditions available at anz.com and consider if this service is appropriate to you prior to making a decision to acquire or use the ANZ App.

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