Growth funds return 9% over year to June

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AUSTRALIA - Superannuation growth funds have posted their second consecutive year of positive returns but have yet to fully recover from the global financial crisis, research by Chant West shows.

The superannuation research and consultancy firm said the median growth fund (with a 61 to 80% allocation to growth assets) posted an estimated return of about 9% for the year to 30 June, following...

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Chris Panteli

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