From www.ibtimes.com.au: Australian superannuation funds had a strong performance in 2024, with the median growth fund delivering an 11.4% return, fueled by lower inflation and interest rate cuts.
UniSuper, Colonial FirstChoice, and Mine Super emerged as the top three growth funds, achieving returns of 14.7%, 13.6%, and 13.4%, respectively.
International stock markets, particularly a 21.2% return on currency-hedged international shares, significantly contributed to these results.