Piggybacking on strong performances in properties and listed shares, median growth funds have exhibited a hike of 2.2% through the months of July and August. Scott Hodder, in an article for the website Investor Daily, suggests that the good performance can be put down to the investment strategy of the growth funds.
These funds mix growth with defensive assets, thus providing the investors the safety route of the ‘traditional’ even as they give an alternative line of investment. The GFC and the tech-wreck notwithstanding, the growth funds have been able to deliver on their promise; registering as much as 8% per annum growth on an average since compulsory Super was introduced about 22 years ago.
You can read the original article here.