Catholic Super has defied the worst market downturn since the Global Financial Crisis to deliver members positive returns for the 2019/2020 financial year.

While the coronavirus pandemic pushed many funds into negative territory, our Balanced option recorded a gain of +0.5%.

Our Chief Investment Officer, Anna Shelley, said the team at Catholic Super were proud of this financial year’s returns.

“We are very pleased to achieve these results, supporting our members’ retirement outcomes. Of course, investment is a long-term game and the key is consistently strong results over many years.”

That sentiment is reflected in our long-term results. Catholic Super has delivered an average of 8% per annum for members invested in the Balanced option over the past 10 years.

Looking forward

While the positive returns provide a silver lining for members, there’s still a lot of uncertainty in the market as coronavirus numbers continue to spike.

Shelley said Catholic Super’s investment team and its advisers are closely watching the markets and resetting strategies as market conditions change.

“Catholic Super is doing all it can to ride through these adverse market movements and to make sure that our members’ retirement savings are poised for long-term growth as markets and economies reset and recover from the pandemic,” she said.

“Our diversified options invest funds across a range of different assets to try to reduce the risk of losses when equity markets face unprecedented volatility as they did in March. Catholic Super’s Balanced option has a strong, long-term track record of delivering for members, particularly in tough times.”

Any figures quoted are correct at the time of writing but may be subject to change.