The actual increase or decrease in your super return will vary depending on many factors such as your choice of investment, age, income, super fund fees and account balance.
Let’s use an example. Fund A had a net compounding return of 10% over 3 years, while Fund B returned 3%. Assume you invested $100,000. With Fund A you would have added $30,000 to your super, however Fund B would have returned you just $9,000. Investing in an under-performing fund cost you $21,000 in just three years.
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General advice disclaimer
This is general information only and does not take into account your personal objectives, financial situation or needs. You should assess whether the information is appropriate for you having regard to your objectives, financial situation and needs and consider obtaining independent professional advice before making an investment decision. If information relates to a specific financial product you should obtain a copy of the product disclosure statement for that product and consider that statement before make a decision whether to acquire the product.