Best-Performing Super Funds Over 10 Years Revealed

The top-performing balanced super fund in Australia has delivered average annual returns of almost 9% over the past decade, according to research. Consumer comparison company Finder has published a list of the top-performing super funds over the 10 years to 30 June 2023, with Hostplus revealed as the No. 1 investment for returns.

Chant West provided the data, canvassing only balanced investment options among super funds. Balanced investment options are popular because they typically spread an investor’s superannuation monies across several asset classes, including shares, infrastructure, property, bonds and cash.

Here are the 5 top-performing super funds over the past decade

Hostplus Balanced (average 8.9% p.a.)

Hostplus’s balanced portfolio invests primarily in high growth assets with high stock diversification, according to the website. The minimum investment timeframe is more than five years and the target return is inflation (CPI) plus 4% p.a. over 20 years. The total investment fee is estimated at 0.98% p.a.

AustralianSuper Balanced (average 8.6% p.a)

This super fund invests in a wide range of assets, including shares, private equity, infrastructure, property, fixed interest, credit and cash, according to the website. The minimum investment timeframe is 10 years and the target return is CPI plus a minimum 4% p.a. over the medium to long term. In an example of fees on a $50,000 portfolio, the fee totalled 0.76% p.a.

Australian Retirement Trust (average 8.4% p.a.)

This fund has adopted the investment strategy of the Sunsuper Balanced investment option, according to the website. It invests in a wide variety of asset classes with a large allocation to Australian and international shares. The minimum investment timeframe is five years and the target return is CPI plus 3.5% p.a. over 10 years. The total investment fee is estimated at 0.8% p.a.

UniSuper Balanced (average 8.4% p.a.)

UniSuper balanced invests in a diversified portfolio of mainly higher-risk assets such as Australian and international shares, property, infrastructure and private equity, with some fixed interest and cash investments, according to the website. The minimum investment timeframe is 10 years and the target return is CPI plus 3% p.a. over 10 years. The total investment fee is estimated at 0.51% p.a.

Cbus Growth (MySuper) (average 8.3% p.a.)

The Cbus MySuper fund invests in growth assets including Australian shares and global shares, private equity, infrastructure, property, global credit, fixed interest and cash. The target return is CPI plus 3.5% p.a. over 10 years. The total investment fee is estimated at 0.5% p.a.

Source: Chant West, average annual returns among balanced super funds, 10 years to 30 June 2023

If we compare these funds’ performance to other assets owned by Australian investors, we find that over this same 10-year period, the median house price across Australia’s combined capital cities rose by about 70%. In other words, your home’s value grew by an average of 7% per year, according to CoreLogic data. If you owned an investment property during this time period, then rental returns would be added on top.

Compared to shares, the top super funds above outperformed the ASX 200. Using a popular index-based exchange-traded fund (ETF) as our yardstick, we see that the iShares Core S&P/ASX 200 ETF (ASX: IOZ) has delivered an average annual return of 7.5% (combined capital growth and dividends) since inception in 2010.

If you want to switch super funds, Finder provides the following advice and a four-step process.

Step 1: Choose a new super fund

Look for a combination of low annual fees, high long-term returns (10 year performance) and an investment strategy you understand and agree with.

Step 2: Join the new super fund

Download and complete the new membership form from the fund’s website.

Step 3: Transfer your existing super

Download and complete a second form to transfer your existing super to the new fund.

Step 4: Tell your employer

Download and complete a third form from your new fund’s website called the ‘employee super choice form’ or similar.

Porsche car deliveries fell 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models through the year.

The German luxury sports-car maker said Friday that it delivered 279,449 cars in the year, down from 310,718 in 2024.

The company had a tumultuous year as it contended with a stuttering transition to electric vehicles and a tough Chinese market, while the Trump administration’s automotive tariffs presented a further headwind.

Deliveries in its largest sales region of North America were virtually flat at 86,229, but continued challenges in China meant deliveries in the country dropped 26% to 41,938 vehicles.

Automakers have faced intense competition in China, sparking a prolonged price war as rivals cut prices to win customers, while a lengthy property market slump and economic-growth concerns in the country has also led to buyers pulling back on luxury spending.

“Key reasons for the decline remain the challenging market conditions, particularly in the luxury segment, and the very intense competition in the Chinese market, especially for all-electric models,” the company said.

Other German brands including Audi, BMW and Mercedes-Benz have all recently reported that the challenging Chinese market hit demand last year.

In Europe, Porsche deliveries fell 13% to 66,340 cars excluding its home market of Germany, while German deliveries dropped 16%.

The company cut guidance several times last year as it warned of hits from U.S. import tariffs, investments in new combustion engines and hybrid models amid the slow uptake of EVs, and the competitive situation in China.

Porsche also last year announced plans to scale back its EV ambitions and instead expand its lineup with more gas-powered and plug-in hybrid models than it had originally planned.

However, in its statement Friday, the company said it increased its share of electrified-vehicle deliveries in the year. Around 34% of vehicles delivered worldwide were electrified, an increase of 7.4 percentage points on year, with about 22% all-electric vehicles and 12% plug-in hybrids.

That leaves its global share of fully-electric vehicles at the upper end of its target range of 20% to 22% for 2025.

In Europe, for the first time in 2025, more electrified vehicles than purely combustion engine vehicles were delivered.

The Macan topped the delivery charts in the year, while the 911 reached a record high with 51,583 deliveries worldwide, it said.

Porsche said it is investing in its three-pronged powertrain strategy and will continue to respond to increasing demand for personalization requests from customers.

“We have a clear focus for 2026,” Sales and Marketing Chief Matthias Becker said. “We want to manage supply and demand in accordance with our ‘value over volume’ strategy.

“At the same time, we are realistically planning our volume for 2026 following the end of production of the 718 and Macan with combustion engines.”