Investment returns update for the financial year 2022/23
TWUSUPER delivers a great result for members!
After a year of challenging financial conditions for many of our members, we have some good news for you. The Balanced (My Super) investment option ended the 2022-23 financial year with a final return of 9.14%, outperforming a number of larger industry funds*.
Your Industry Super Fund
Strong long-term performance
TWUSUPER has on average outperformed the average retail fund over the past 20 years*.
Insurance that covers people in transport
Not all super fund insurance covers jobs in transport – ours does!
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What's happening in transport
*This figure is net of fees and taxes. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.
DISCLAIMER: Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a fund.
TWUSUPER has on average outperformed the average retail fund over the past 20 years. Comparisons modelled by SuperRatings, commissioned by TWUSUPER and shows average differences in net benefit of TWUSUPER's balanced investment option and the 'main Balanced option' of retail funds tracked by SuperRatings, with a 5 (50 options), 10 (31 options) and 15 (16 options) year performance history, taking into account historical earnings and fees – excluding contribution, entry, exit, fee caps/tiering and additional advisor fees – of 'main Balanced options'. A ‘main Balanced option’ being the fund’s largest Balanced option where 60% to 76% of the fund’s assets are invested in growth investments. This is generally the fund’s default option. Where a fund does not have a Balanced option, the option closest to SuperRatings benchmark range of 60% to 76% growth investments is used. Outcomes vary between individual funds. Modelling performed on 6 October 2023 using data as at 30 June 2023. See Assumptions for more details about modelling calculations and assumptions. Consider your personal financial situation, needs and objectives, which are not taken into account in this information, and the TWUSUPER Product Disclosure Statement (PDS) available at www.twusuper.com.au before making an investment decision. TWU Nominees Pty Ltd, ABN 67 002 835 412, Australian Financial Services Licence 239163 ('TWUSUPER') as trustee of the TWU Superannuation Fund (ABN 77 343 563 307).