NewsBite

Aware Super cashes in on tech, healthcare bias to return 11pc

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Industry superannuation fund Aware Super increased its customers’ $175 billion retirement savings pot by 11 per cent last financial year, as it cashed in on a heavier exposure to soaring technology and healthcare stocks than rivals.

Chief investment officer Damian Graham said he ramped up Aware’s allocation to international shares a couple of years ago and had a natural bias to growth stocks such as tech, which helped drive the above-average return.

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Superannuation & SMSFs

Fetching latest articles

Most Viewed In Wealth

    Original URL: https://www.afr.com/wealth/superannuation/aware-super-cashes-in-on-tech-healthcare-bias-to-return-11pc-20240704-p5jr2f