ESSSuper ranked top three for 2023

ESSSuper - 07 Feb 2024

Our Balanced Growth option continues to score with SuperRatings^*

SuperRatings have released their Balanced fund^** rankings for the 2023 calendar year, and ESSSuper's Balanced Growth investment option (previously named Basic Growth) scored third place with an annual return of 12.8% (just 0.4% behind first place).

This comes after the fund's Balanced Growth option ranked first place in the 2022-23 financial year, with an annual return of 13.3%.

Daniel Selioutine (Group Executive, Investments) recognised the great result, stating that the fund's options are "positioned as well as possible to handle the changing environment".

"We're pleased to see our fund's continued positive performance being recognised in this way", Daniel said. "We're proud that our hard work is delivering such great results for our members, whose retirement outcomes are always our highest priority".

If you'd like to learn more about our Balanced Growth option and your investment choices, our Member Education Consultants are the experts in your fund. They can provide you with general advice at no additional cost.

You can read more about our 2023 performance on the Money Management website.

For more information, please contact us.

* SuperRatings is a third party superannuation research company providing data analysis, information and commentary to both the public and the superannuation industry. Established in 2002, it is the most widely used and accepted ratings firm in the superannuation industry. Refer to superratings.com.au for more information. Ratings are only one factor to be taken into account when choosing a super fund.

** Source: SuperRatings Balanced (60-76) Index. Refer to superratings.com.au for more information. Returns shown are after fees and taxes.

Emergency Services Superannuation Board (ABN 28 161 296 741) (ESSB), the Trustee of the Emergency Services Superannuation Scheme (ABN 85 894 637 037) (ESSSuper).

Investment returns cannot be guaranteed as investment markets can be volatile. As a consequence, returns can be positive or negative. Past investment performance is not a reliable indicator of future performance.

ESSSuper does not come under the jurisdiction of the Australian Financial Complaints Authority Benefits in ESSSuper's Accumulation Plan, Income Streams and Beneficiary Account products are not guaranteed or underwritten by the Victorian Government or ESSSuper, and ESSSuper does not come under the jurisdiction of the Australian Financial Complaints Authority. ESSSuper comes under the jurisdiction of the Victorian Civil and Administrative Tribunal. ESSSuper is an exempt public sector superannuation scheme, and is not regulated by APRA or ASIC, but is governed by Victorian legislation.

The information contained in this article is of a general nature only. It should not be considered as a substitute for reading ESSSuper's Product Disclosure Statement (PDS) that contains detailed information about ESSSuper products, services and features. Before making a decision about an ESSSuper product, you should consider the appropriateness of the product to your personal objectives, financial situation and needs. It may also be beneficial to seek professional advice from a licensed financial planner or adviser. An ESSSuper PDS is available at esssuper.com.au/pds or by calling 1300 650 161.