2005 Super Fund Performance
A historical report on the Bainsworld Superannuation Fund's 2005 return and investment position at the time.
Archive note: This post is part of my historical SMSF archive and reflects my fund activity and thinking at the time it was written. It is not current financial, tax, legal, or investment advice, and past performance is not a guide to future returns.
We have just completed our accounts for 2005 and I’m happy to report that the Bainsworld Superannuation Fund returned 17.5% to its members after tax and all expenses for the last year. Not too shabby given that today’s Australian Financial Review Quarterly Review of Funds liftout lists the performance of the Top 20 super funds ranges from 10.7% to 13.9%.
It’s steady as she goes for now although we are probably holding a bit too much cash. It has been difficult to find good value propositions in the market but all we have to do is be patient and eventually, the market will cough up some opportunities.