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Why 47pc of DIY super funds are having a great day

Lucy Dean

Nearly half of self-managed super funds have exposure to mining giant BHP, analysis of the $892 billion sector has revealed, as the resources giant marks its second-biggest profit and a bumper dividend.

BHP is held by 46.8 per cent of SMSFs, according to software provider Class’ Annual Benchmark Report, which analysed 183,000 funds, or about a third of the total market.

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Lucy Dean writes about wealth management, personal finance, lifestyle and leisure, based in The Australian Financial Review's Sydney newsroom. Connect with Lucy on Twitter. Email Lucy at l.dean@afr.com

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    Original URL: https://www.afr.com/wealth/personal-finance/why-47pc-of-diy-super-funds-are-having-a-great-day-20220816-p5ba6u