Superannuation growth fund returns flat in April

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AUSTRALIA - The median superannuation growth fund returned a nearly flat 0.2% for April, dragged down by mixed results in investment markets and the continued strength of the Australian dollar, according to research from consultancy Chant West.

The cumulative return for the financial year to date for the median growth fund - defined as having 61% to 80% growth assets - was 10.2%. The Australian share market was down 0.3% for the month, wh...

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