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How did your Super perform in the 2015/16 financial year?

Discussion in 'Other Asset Classes' started by wombat777, 3rd Jul, 2016.

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How does your 2015/16 super balance compare to the 2015/14 financial year

  1. > 20% gain

    2 vote(s)
    14.3%
  2. 15% to 20% gain

    0 vote(s)
    0.0%
  3. 10% to 15% gain

    1 vote(s)
    7.1%
  4. 5% to 10% gain

    6 vote(s)
    42.9%
  5. 0% to 5% gain

    5 vote(s)
    35.7%
  6. Up to 5% loss

    0 vote(s)
    0.0%
  7. 5% to 10% loss

    0 vote(s)
    0.0%
  8. 10% to 15% loss

    0 vote(s)
    0.0%
  9. 15% to 20% loss

    0 vote(s)
    0.0%
  10. > 20% loss

    0 vote(s)
    0.0%
  1. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
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    Location:
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    How did your super perform last year?

    My 2016/15 balance was 5.25% better than 2015/14
    My 2015/14 balance was 11.41% better than 2014/13

    During the last 12 months my 2015/16 balance is 0.011% down on my (2014/15 balance + SGC contributions), so the 5.25% gain above is only because of contributions.
     
  2. Ace in the Hole

    Ace in the Hole Well-Known Member Premium Member

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    Balance is up probably 40ish, making the balance maybe 300k or so.
    This would have been from contributions only, no passive gains as it's all cash just sitting there for years.
    Probably should invest in something since it's a SMSF.
     
  3. wombat777

    wombat777 Well-Known Member Premium Member

    Joined:
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    I have been a bit slack with my super, not actively managing it. I guess because returns until this year had been reasonable.

    I thought about setting up an SMSF but decided it is not for me due to the administrative burden (time, complexity and cost).

    Instead I am switching 80% of my balance to direct investment in ETFs or S&P/ASX300-listed shares. In that mix I'm aiming to include some REITs and A-REITs (to include a property mix) as well as an infrastructure fund. I'm still to work out the specific investment mix depending on the ETFs that are available in the fund (unfortunately the published information of available ETFs is 2 years old). I may also pick a couple of stocks. I am with Mercer and their direct investment option is apparently run by Macquarie. I've just actioned the change, which will take 2 business days to set up. Hoping to pick up some bargains due to the chaos caused by the election.

    As an indication, the direct investment option has the following fees:
    • Annual fees
      • Annual fee $200
      • Portfolio asset-based administration fee ( 0.1% of balance with Direct option ), i.e. $100 per annum per $100k
      • cost compares quite competitively with running an SMSF
    • Brokerage - up to $4167.99 ($13.75 inc GST)
    • Brokerage - $4168 to $10k ( 0.33% inc GST )
    • Brokerage - $10k to 30k ( 0.22% inc GST )
    • Brokerage - $30k to 50k ( 0.198% inc GST )
    • Brokerage - $50k to $100k ( 0.165% inc GST )
    • Brokerage - $100k + ( 0.11% )
    I'm anticipating doing individual trades in either the $10k to $30k or the $30k to $50k range.

    For the remaining 20% of my super I am just changing the investment mix, leaving 15% in bonds and the rest in a mix of fund options [9 investment options in total]. General aim is to achieve a 12% return with this portion of the funds.
     
  4. Redwing

    Redwing Well-Known Member

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    837
    Location:
    WA
    Do you use a XIRR (Internal Rate of Return) spreadsheet Wombat?

    Or something else
     
  5. wombat777

    wombat777 Well-Known Member Premium Member

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    No just directly calculated it. For the 5.25% and 11.25% figures above:

    % = (( current_year_balance / prev_year_balance ) - 1) * 100
     
  6. wombat777

    wombat777 Well-Known Member Premium Member

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    For whoever achieved a > 20% gain ... how did you achieve it?

    Do you mind sharing something about the investment strategy in the last financial year?
     
  7. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Sydney & Adelaide
    Settled a new CIP in SMSF which went up 20% during option period due to rezoning, had to fight vendor to exercise the option but got it settled successfully.
     
  8. kierank

    kierank Well-Known Member

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    20th Jan, 2016
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    1,003
    Location:
    Brisbane
    I am self-funded - balance went backwards by 0.8%. Even if I add back our pension money, our SMSF only grew 3.25%.

    Main thing is that our Net Worth grew by 5% (before adding back in our living costs).
     
  9. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Sydney & Gold Coast
    It didn't.
     
  10. Scott No Mates

    Scott No Mates Well-Known Member

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    Too early to tell - annual report won't be available for a couple of months.
     
  11. wombat777

    wombat777 Well-Known Member Premium Member

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    In most cases you should be able to access the balance online. My balance for 30 June 2016 was available on Sunday.

    @Steven Ryan are you going to make changes to the way you have your super invested?
     
  12. Ghoti

    Ghoti Well-Known Member

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    Location:
    Melbourne
    Mine grew by a little less than contributions. Indeed the whole reason for being here is the rwalisation that super just isn't gunna do anything for me.
     
  13. Steven Ryan

    Steven Ryan Mortgage Broker Business Plus Member

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    Nope – happy with current asset allocation and my lack of reliance on super into retirement :)
     
  14. wombat777

    wombat777 Well-Known Member Premium Member

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    True. Super can be slow to perform. That's why I'm going to try and take more active control. At a minimum, more carefully reviewing the mix each year.

    In the next 10-15 years I'm going to try and grow a share portfolio outside of super as well as the property portfolio I'm currently building.
     
  15. EN710

    EN710 Well-Known Member

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    Nope. Grew less than contribution
    When the balance grow another 10k I might try direct share trading. My 'training' account :rolleyes:
     
  16. Scott No Mates

    Scott No Mates Well-Known Member

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    After looking at my other account - contributions + TAX + Insurances + Fees, I am still ahead (on a small balance). They even note that the results are not final.
     
  17. S0805

    S0805 Well-Known Member

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    If I use just above then it says 28% return....keep in mind I've sacrificed max amount this year. If I've take sacrifised amount from total and use above then its much less...i guess 2nd calculation is more accurate...
     
  18. wogitalia

    wogitalia Well-Known Member

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    Perth
    Mine pretty much went up by my contributions this year. Another year of similar performance and I'll be self managing I reckon given my performance with my other capital is massively outperforming the super even after taxation at 3x the rate.