The release of SuperRatings results for December 2019 has highlighted the continued strength of Australian Catholic Super’s low-risk investment options.

Performance was reinforced by excellent returns from Australian Shares (23.4%) and Bonds (8.0%). Both these options are top quartile for the last 12 months.

Our Capital Stable option is top quartile for 1, 3, 5 and 10 years. Additionally, our Conservative option is top quartile for 1 and 3 years. These options are generally suitable for members looking for less exposure to equity market-based risk.

We are seeing continual improvement in our higher-risk options as well, with the Conservative Balanced and Balanced options continually improving after some historical underperformance.

Additionally, our Socially Responsible option was the best performing mixed asset – balanced superannuation fund in 2019, according to FE Analytics, returning 18.5% over the year to December 2019.

A word from our Chief Investment Officer, Michael Block:

Investment markets have been surprisingly strong this year with share markets around the world at record high prices.

We have fared particularly well recently but are becoming a little more cautious as most assets are at historically high prices.

We know that you have worked very hard for your money and we are trying to grow your retirement savings as safely as possible. With that in mind, we have reduced our exposure to highly priced technology shares (such as Facebook, Amazon, Apple, Netflix and Alphabet) and added property and infrastructure that offer more stable growth and better value.

We are carefully watching the US-China trade relations, pandemics, Brexit and US politics as these could lead to uncertainty and volatility.

Whilst we are proud of our past returns, we expect future returns to be lower, and likely more in line with our target levels of 5% to 6%.