LPNEWS
The average returns for MySuper products dropped to 1.9% in the 12 months to November 2018.: This was a fall of a further 1.1 percentage points from the 12-month average return seen at the end of October, analysis from Rainmaker shows. The low returns are largely attributed to poor performance in equity markets; Australian and international equities lost 2.3% and 0.7% in November respectively. However, this was offset by the positive performance of property, fixed interest and cash, the net effect of which was an average monthly return of -0.6%.