BT super performance delivers strong one-year returns for MySuper members

FY21 has seen a rebound of markets and a return to calmer conditions – with BT super members receiving some of the highest one-year returns seen in years. 

Our MySuper Lifestage funds 

The BT Super and BT Super for Life MySuper Lifestage funds for members born in the 1970s, 1980s, 1990s and 2000s have returned between 25.10% and 25.63% over the 12 months to 30 June 2021*. While members born in the 1940s, 1950s and 1960s saw more moderate returns, reflective of their more conservative investment strategy as they approach retirement.  

Members born in the 1970s, 80s, 90s and 2000s 

Performance from shares and property assets in FY21 has helped to deliver strong one-year returns for our younger Lifestage members. Those born in the 1970s to 2000s have around 85% of their super invested in growth assets (like shares and property) and as such have benefited from the strength in share markets. 

These funds have also seen improved performance over 3 and 5 years.

Returns for BT MySuper Lifestage funds 30 June 2021

Fund name 1 year % 3 years % 5 years % 7 years %
BT MySuper 1970s Lifestage Fund 25.52 9.16 9.65 8.08
BT MySuper 1980s Lifestage Fund 25.63 9.23 9.73 8.21
BT MySuper 1990s Lifestage Fund 25.56 9.30 9.86 8.31
BT MySuper 2000s Lifestage Fund 25.10 9.28 9.95 8.54

Note: Performance figures are calculated to 30 June in accordance with the APRA reporting standards. Total returns are calculated using withdrawal prices appropriate for the month end and take into account management costs and monthly administration fee and take into account earnings tax up to a maximum of 15%.

Members born in the 1940s, 1950s and 1960s 

Lifestage funds for members in these age groups are designed to protect member balances as they approach retirement, particularly during the type of market volatility we’ve seen over the last 15 months. These funds gradually reduce members’ exposures to growth assets, such as shares and property, as their retirement nears. For example, the 1940s and 1950s funds have around 35-40% invested in growth assets, while the 1960s fund has around 60% invested in growth assets. 

With a higher proportion invested in defensive assets (cash, fixed interest), FY21 returns for our 1940s, 1950s and 1960s MySuper Lifestage members have been more moderate by design than that of our younger members. 

Returns for BT MySuper Lifestage funds 30 June 2021

Fund name 1 year % 3 years % 5 years % 7 years %
BT MySuper 1940s Lifestage Fund 8.36 4.43 3.98 3.65
BT MySuper 1950s Lifestage Fund 10.29 5.05 4.74 4.40
BT MySuper 1960s Lifestage Fund 16.94 6.87 7.06 6.15

Note: Performance figures are calculated to 30 June in accordance with the APRA reporting standards. Total returns are calculated using withdrawal prices appropriate for the month end and take into account management costs and monthly administration fee and take into account earnings tax up to a maximum of 15%.

Read more about how our MySuper Lifestage funds have performed.

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Members who’ve personalised their super investments 

While many of our BT Super and BT Super for Life members are invested in our MySuper Lifestage investment options, some of our members have chosen to personalise their super by selecting their own mix from our broader menu of 38 investment options. 

These members would see a range of returns for the 12 months to 30 June 2021, depending on how they’re invested i.e. higher returns where they’re invested in funds with a greater allocation to growth assets like Australian or international shares or property, and more moderate returns for investment options with a higher allocation to defensive assets like cash and fixed interest securities.

Find out more about how all our investment options have performed.

Past performance information

You can find all the detail about how all of our investment options have performed over the short and long term in the past performance information sheets online at:

The outlook for super fund returns

Super is a long-term investment, and recent events demonstrate exactly why.

Corrin Collocott, BT’s Chief Investment Officer, explains, “The impact of COVID-19 was sudden and unexpected, taking markets by surprise. But those super fund members who held their nerve and didn’t panic have been rewarded with a year of strong returns."

“The turnaround was swift and investment portfolios, like our MySuper Lifestage funds, that spread risk across a variety of asset classes, were well positioned to benefit from the recovery when it happened.”

Generally, over the long term, shares and property continue to provide an opportunity to build long-term wealth, particularly when we‘re experiencing relatively low returns from cash and fixed interest investments. Maintaining good diversification in super when investing leaves you less exposed to a single economic or market event. And by avoiding panic, and staying invested for the long term, you’ll potentially make the most of rebounding markets like we’ve seen across FY21. 

“Managing members’ retirement savings is a responsibility we take seriously”, says Corrin.

“Our team of investment specialists uses research, skill and insight to identify opportunities that can create sustainable, long-term returns while also managing risk appropriately for our members."

“The BT Investment Solutions team is focused on delivering outcomes to support our members to prepare for their best financial future in retirement.”

Most major investment markets rose over FY21, with several hitting record levels as economies returned to pre-COVID levels of growth – which is good news for BT super members.
Our Lifestage super investing adapts as you move through stages of your life, with higher returns when you’re younger and reduced risk closer to retirement.
BT has a range of superannuation investment options, offering you flexibility and choice when personalising your super investment mix.

* BT Super for Life and BT Super MySuper Lifestage funds 12 month returns to 30 June 2021 (APRA Standard returns).  

The information is prepared by BT Funds Management Limited ABN 63 002 916 458 (BTFM) the trustee of the following products:

(a) BT Super for Life, BT Super for Life Westpac Group Plan and BT Super part of the superannuation fund Retirement Wrap ABN 39 827 542 991; and
(b) Asgard Employee Super Account part of the superannuation fund the Asgard Independence Plan Division Two ABN 90 194 410 365. 

This information has been prepared as general advice only and does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness, having regard to your personal objectives, financial situation and needs before acting on it. Read the Product Disclosure Statement (PDS) to see if these products are right for you by visiting bt.com.au or asgard.com.au. Past performance is not a reliable indication of future performance. All examples are illustrative only. Your portfolio value and performance will depend on the investment options you have selected and the time over which they are invested. 

Investment returns are historical. Investment returns can move up or down and past performance is not necessarily indicative of future performance. Future performance is not guaranteed. Performance differences between the investment options and respective underlying funds exist due to factors such as valuation timing differences, differences in fees and charges, distributions (as cash may be retained for liquidity purposes) and higher cash holdings. More information on the asset allocation and risk exposures of each fund can be found in the PDS.

BTFM is a member of the Westpac Banking Corporation ABN 33 007 457 141 (Westpac) group of companies. An investment in these products is not an investment in, deposit with or any other liability of Westpac, any division of Westpac or any other company in the Westpac Group. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of the products or any related assets of the products.