Australian Retirement Trust launches new High Growth Index option; banks double-digit investment returns
Anne Fuchs
Australian Retirement Trust (ART), one of Australia’s largest super funds, has delivered a 11.3% return for its High Growth option for the 2023/24 financial year.
It’s the second year in a row ART has delivered double digit returns for the option, cementing its place as the highest performing investment option in the SuperRatings SR50 Growth Index, ranking number 1 over the last 10 years as at 31 May 2024.
ART’s Head of Investment Strategy Andrew Fisher said the results come as the fund begins moving its younger members to a higher growth strategy.
“We are transitioning 1.4 million MySuper members under the age of 50 to be invested in a strategy that is equivalent to our award-winning1 High Growth option in FY25,” Mr Fisher said.
“Super is typically the biggest investment many of us will make and Australian Retirement Trust is committed to making it count.
“We always encourage anyone contemplating their super investment options to seek financial advice, either through their fund or from an external adviser – we know it makes an enormous difference to our members’ super balance and retirement outcomes.”
ART’s Executive General Manager of Advice, Guidance, and Education, Anne Fuchs, said Australian Retirement Trust is proud to deliver this excellent result for members and external adviser partners who have put their trust in ART.
“In addition to improvements in our MySuper strategies, Australian Retirement Trust is launching a streamlined suite of choice investment options for members from 1 July,” Ms Fuchs said.
“I’m delighted to share that we’ve listened to the feedback of our external adviser partners and have introduced a High Growth Index Option to the new look investment menu.
“As a Fund we are committed to delivering the best possible retirement for our members. We hope our continued strong performance and product innovation gives our valued external adviser partners confidence in their decision to recommend Australian Retirement Trust as their preferred choice in superannuation and retirement income products to clients.”
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