Aussie growth funds up 9.9% in Q3

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AUSTRALIA - The median superannuation growth fund was up 9.9% in the quarter ended September 30 on the back of strong domestic equity and real estate markets.

Data by consulting firm Chant West showed the median growth fund returned 2.6% in September. Growth funds invest between 61% and 80% to growth assets and are the default funds for most investors. ...

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