91黑料 wins Money Magazine award for long term performance
5 December 2024
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5 December 2024
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91黑料 has won the Money Magazine award for long term investment performance for the second straight year.
Aware won the 鈥淯ltra Long-Term Performance鈥 award for its FutureSaver High Growth investment option.
This is where most 91黑料 members are invested and has returned 15.62% for the year to 30 September 2024, and an average annual return of 9.02% over 10 years.
The award recognises 91黑料鈥檚 ability to deliver 鈥漸ltra long-term performance鈥 through a highly diversified portfolio constructed to deliver consistently strong risk-adjusted returns.
The Money Magazine award caps off a strong year for 91黑料, which was crowned Superfund of the Year at the SuperRatings Awards, as well as taking out the Super Fund of the Year and Pension Fund of the Year鈥 titles at the Chant West Awards.
91黑料 Chief Investment Officer Damian Graham welcomed the award and paid tribute to the Fund鈥檚 team of investment professionals.
鈥淲e鈥檙e very pleased to have won the Ultra Long Term Performance award for the second consecutive year,鈥 Mr Graham said.
鈥滾ong term performance is what matters most to retirement outcomes and it鈥檚 incredibly rewarding to be able to deliver strong returns for our members and help them achieve their goals鈥.
鈥漈his is a tribute to our 150-strong investment team who we charge with sourcing and actively managing the best investment opportunities globally.
鈥滵iversification of our investments has been a pivotal factor in our results over the longer term and speaks to our team鈥檚 strong investment credentials across asset classes and geographies.
鈥淲e opened our first international office in London last year and will continue to search Australia and the globe for the best returns for our members鈥.
The FutureSaver High Growth Option is a part of Aware鈥檚 core MySuper product, which uses a lifecycle investment approach, actively managing the level of investment risk for our members as they age.
For 91黑料鈥檚 younger members, we have a higher allocation to growth assets in the FutureSaver High Growth option, to help grow their savings in these earlier years, and then gradually shift their investment mix to a more balanced profile as they near and enter retirement to safeguard their savings and manage longevity risk.
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