Do it yourself investors outperform the funds

A survey of 29 pooled superannuation funds has reported the median return in 2005 was 14.6 per cent and the best performer, Russell PST Growth fund earned 17.9 per cent. The best balanced fund was AUSBIL Dexia’s balanced fund returning 16.7 per cent whilst Challenger FM Balanced PST was the worst performer with 9.4 per cent. However the survey by Mercer investment Consulting showed that investors who targetted the ASX 300 accumulation index outperformed all the managed funds with a return of 22.5 per cent.