2024 delivers strong investment returns for RetireAccess members

January 20, 2025

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We're pleased to share that TelstraSuper members have benefited from strong investment returns for the 2024 calendar year.

Older man high fiving a friend. They're sitting at a table playing cards.

The TelstraSuper Growth investment option earned 12.67%, net of investment fees and taxes, for the calendar year to 31 December 2024.  

Meanwhile, RetireAccess members in the Balanced option earned 11.04% for the 12 months to 31 December, while members in the Moderate option earned 8.93%. These fantastic results show that TelstraSuper continues to be  a leading profit-to-member super fund. 

TelstraSuper Chief Investment Officer, Graeme Miller said that the Fund was pleased to deliver yet another year of double-digit returns for members in the Growth option. 

"Strong performance of share markets around the world, particularly in the US, was a key factor in delivering these fantastic results," said Mr Miller.  

See all the returns to 31 December 2024

High Growth exceeds expectations 

Meanwhile, in October last year TelstraSuper introduced a new High Growth investment option tailored for members seeking higher long term returns who are comfortable with higher levels of market fluctuations, particularly over the short term.  

This option, which has a high exposure to shares and a tilt towards technology and venture capital-type investments, has continued to deliver strong returns earning RetireAccess members 17.04% for the calendar year 2024, net of investment fees and taxes.  

"Our High Growth option has proven popular with members and we're delighted to share that it has performed well in excess of its objective," said Mr Miller. 

DISCOVER OUR INVESTMENT OPTIONS

Discover where your super is invested 

Not sure what investment option you're in? You can find out easily by logging into SuperOnline or via the TelstraSuper app. You can also check if your investment option is right for you by trying our Investment Choice Selector tool. In minutes you'll get a personalised recommendation, with further help available if you need it. 

TRY THE TOOL 

Changes to our investments team

TelstraSuper to farewell Chief Investment Officer, Graeme Miller, after almost nine years of dedicated service to the fund. Kate Misic appointed as interim Chief Investment Officer.

READ MORE 

Past performance is not a reliable indicator of future performance. Any general advice has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice, you should consider whether it is appropriate to your individual circumstances. Before making any decision, you should obtain and read the relevant Product Disclosure Statement and Target Market Determination or call us on 1300 033 166 for copies of these documents. You may wish to consult an adviser before you make any decisions relating to your financial affairs. To speak with an Adviser from TelstraSuper Financial Planning call 1300 033 166.