My SMSF

Has your super fund done better than 7%?

Co-founder of the Switzer Report
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If you are the trustee of a self-managed super fund (SMSF), you are required to manage the monies in accordance with your members’ instructions, whether this is you alone, or with your partner and family. With this responsibility comes an onus to say whether you are doing a decent job or not as an investment manager.

And even if you have outsourced the investment functions to an adviser, you are ultimately still responsible for the investment performance. So how can you determine whether you are cutting it as an investment manager?

One way is to simply compare the fund’s performance to the fund’s investment objective(s). If, for example, your objective is to deliver a return of inflation plus 3% over a 10-year period, if your fund has been growing at 6% pa over this period, then give yourself a tick.

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