Investment Update

A new financial year is upon us and before it gets too far in we wanted to update you on our investment performance for the past year.

Security and reliability are part of EISS Super’s heritage within the energy industry and we’re proud of what these qualities have allowed us to deliver to over 22,000 members while managing nearly $6 billion of retirement savings.

Our membership is unique, and our approach to managing investments has been built to suit your needs. Our members have an average account balance three times higher than the industry super fund average1and protecting those balances against downturns in the market is an important part of our job.  

We protect members’ savings during market downturns, like the one we experienced in December 2018, by taking less risk. The success of this approach has been verified by independent research from Rainmaker Information2 that shows our MySuper product has, over the past 3 years, had the lowest volatility of all MySuper products in the Australian super industry.

In the past financial year, all our diversified options have performed above the industry average including our High Growth option which was one of the Top 10 performing options across the whole industry3. In addition, we have delivered returns to members above our performance objectives for all investment options for the year and for their target timeframes, while taking less risk. 

EISS Super investment performance for the year to 30 June 2019

Investment option

1 year return3

Industry position3

High Growth

9.43%

Top 10

Balanced (MySuper)

7.61%

Above industry average

Conservative Balanced

6.57%

Above industry average

Conservative

6.14%

Above industry average

 

The right investment choice can make a big difference to how much money you have in your super account when you reach retirement. We encourage all our members to review how their retirement savings are invested and make an investment choice that suits their needs. Remember, if you’re not sure what option is right for you, we have Financial Planners that can help you. To make an appointment please call us on 1300 369 901 (and select option 2).

As always, it is a privilege to be investing your money and we thank you for choosing EISS Super. Rest assured your future is in safe hands.

Performance History

1 mth (%) 3 mth (%) FYTD ** 1 yr % (pa) 3 yr % (pa) 5 yr % (pa) 7 yr % (pa) 10 yr % (pa)
*Please note prior to 18 November 2019 the EISS Super default MySuper investment option was the Conservative Balanced option
**FYTD means Financial Year to Date starting 1 July.

Note: The 1, 3 and 5-year figures are rolling, reflect an annualised compound rate and are after tax and fees. Past performance should not be regarded not be regarded as an indication of future performance.

1 Australian Prudential Regulation Authority, Annual Superannuation Bulletin, June 2018

2 Rainmaker Information, RMetrics MySuper report, March 2019

3 SuperRatings, Fund Crediting Rate Survey, June 2019. Past performance should not be regarded as an indication of future performance.