Three of the top performing superannuation funds for the September quarter are industry funds, according to latest research from SuperRatings.
Catholic Super, MTAA Super and AustralianSuper were the strongest performing funds in the balanced option, delivering 19.6 per cent, 19.1 per cent and 18.2 per cent respectively.
Research from SuperRatings shows that over the 10 years to September 2007, Australians have received compounded returns of 9.9 per cent from their balance options.
"The industry as a whole continues to provide long-term performance not seen since the introduction of compulsory superannuation," SuperRatings managing director Jeff Bresnahan said.
Bresnahan said the strength of the Australian share market, coupled with the success of infrastructure and private equity investment of many funds has led to the strong performance.
Investment returns may not be so strong in the future, Bresnahan said and warned that funds may need to use education campaigns to manage their members' expectations.
