AUSTRALIA - The median Australian superannuation growth fund returned 10.4% in the year ended June 30, besting its target returns by over 300 basis points, according to data by Chant West.
Growth funds have a long-term expected return of 6% to 7%. The funds generally invest between 61% and 80% of their assets in growth assets and are used as the default fund for many superannuation f...
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