Super funds up 10%

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AUSTRALIA - The median Australian balanced super fund returned over 10% in the 12 months ending November, with results for the end of 2009 expected to be the strongest in the decade, data by SuperRatings showed.

SuperRatings expected the one-year return for the end of 2009 to reach between 10% and 12%. In November alone, balanced funds returned 1.31%, marking the eighth gain in the past nine months. ...

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