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FUND DETAILS     USI: NES0100AU     ABN: 72 229 227 691     ADDITIONAL INFORMATION

19 July 2023

NESS Super is pleased to announce that our MySuper / default investment option has delivered an annual return of 9.58% for the year ended 30 June 2023. Our returns this year when compared to our competitors CBUS Super (8.95% for their default Growth (MySuper) investment option)1 and AustralianSuper (8.22% for their Balanced (default) option)2 show that the NESS Super mission to provide the best possible value for our membership is at the forefront of our investment strategy and activities. Our other options returns are listed in the table below.

We are delighted with our investment performance, a strong result in tough economic times both in Australia and Globally.

The rebound in performance is a timely reminder for members that super is a long-term investment.  Significant challenges in the global environment will continue however the NESS Super investment portfolio is positioned to weather ongoing market volatility.

Investment returns

Investment Option30 June 2023
NESS MySuper9.58%
High Growth12.82%
Stable5.17%
Australian Shares14.34%
Overseas Shares16.88%
Property2.76%
Cash2.01%

To view our 30 June 2023 investment performance, visit nesssuper.com.au/investment-performance

We are here to help.

If you have any questions you can also contact our Member Services Team, Monday to Friday between 8.30am – 6.00pm (AEST/AEDT) on 1800 022 067, or email contact@nesssuper.com.au.

Sincerely,

 

Paul Cahill
CEO

 

Things you should know

This publication has been issued by NESS Super Pty Ltd ABN 28 003 156 812 AFSL 238945 (the Trustee), as trustee of NESS Super ABN 72 229 227 691 (The Fund).

Investment returns are not guaranteed. Past performance does not guarantee future returns.

The information contained in this communication is current at the time of its publication. However, some information may change over time. The content is for general information only and does not constitute personal advice. We recommend that you consult with a suitably qualified person before making any financial decisions. Before deciding whether to acquire or hold a product, consider if it is appropriate for you. For more information on the Fund visit our website (nesssuper.com.au) to view our Financial Services Guide (FSG), the relevant Product Disclosure Statement (PDS) and the Target Market Determination (TMD).

1 Source: The return for the CBUS Super Growth (MySuper) investment option is available from cbussuper.com.au.

2 Source: The return for the AustralianSuper Balanced investment option is available from australiansuper.com.

 

 

 

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