Quarterly investment update

Investment update - June 2019 quarter

  • Share and Bond markets performed well over the past three months, helped by expectations that interest rates would continue to fall and support economic growth
    The performance of these markets was also strong over the past 12 months.
  • Australian Shares was the best performing major asset class, returning 8.05% over the past three months, which lifted the 12-month return to 11.42%
    These positive returns were supported by the surprise May Federal election result and June interest rate cut by the Reserve Bank of Australia.
  • International Shares returned 3.23% over the past three months and 6.1% over the year
  • Despite the strong returns, ongoing US-China trade talks have weighed on share markets over the past 12 months
  • Interest rate cuts (and expectations of further cuts) helped drive Bond markets higher
  • Over the past three months, Bond markets were up around 3% for the June quarter and over 7% for the year

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Investment update - March 2019 quarter

  • Share markets performed well over the three months to 31 March 2019 - delivering returns of over 10%
  • Defensive investments, such as Cash and Bonds, achieved positive returns but lower than those of share markets - Cash returned 0.52% and Bonds around 3%
  • Major central banks (such as the Reserve Bank of Australia [RBA]) kept interest rates unchanged with growing expectations that interest rates will be reduced across many countries, including Australia
  • My GESB Super returned 6.21% for the quarter
  • My West State Super returned 6.88% for the quarter
  • RI Allocated Pension Conservative plan returned 4.01% for the quarter

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Investment update - December 2018 quarter

  • My GESB Super returned -4.90% for the quarter
  • My West State Super returned -5.12% for the quarter
  • RI Allocated Pension Balanced plan returned -4.97% for the quarter
  • Transition to Retirement Pension Balanced plan returned -4.32% for the quarter
  • Australian and Global Bonds were the best performing asset classes over the quarter
  • Ongoing United States (US)-China trade negotiations, US interest rate rises, and a cooling domestic housing market contributed to the negative Australian and International Shares returns

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Page last updated 26 July 2019