Flight path to suc­cess for lead­ing su­per fund

LGIA­su­per buys into air­port

Sunshine Coast Daily - - BETTER BUSINESS -

A SU­PER fund which has in­vested in the re­gion by be­com­ing part owner of the Sun­shine Coast Air­port has been rated as one of Aus­tralia’s best in terms of value of qual­ity.

LGIA­su­per, which has more than 4300 mem­bers on the Coast, has achieved a plat­inum rat­ing from Su­per Rat­ings for the 11th con­sec­u­tive year.

It comes after a rig­or­ous re­view of funds across Aus­tralia, in­clud­ing more than 620 of Aus­tralia’s ma­jor su­per­an­nu­a­tion prod­ucts.

The su­per fund’s MySu­per was also placed in the top quar­tile this fi­nan­cial year based on a monthly cred­it­ing rate sur­vey, and was awarded “five ap­ples” by re­search firm Chant West, mak­ing LGIA­su­per a ‘High­est Qual­ity Fund’ for 2019.

LGIA­su­per CEO Kate Far­rar said the fund’s fo­cus on long-term per­for­mance and its mem­ber-driven ap­proach were in­stru­men­tal to the fund’s suc­cess and key rea­sons for its Su­per Rat­ings Plat­inum sta­tus and Chant West rank­ing.

“Man­ag­ing peo­ple’s fu­ture se­cu­rity is a re­spon­si­bil­ity we take very se­ri­ously,” she said.

“When peo­ple choose LGIA­su­per they are putting their trust in our in­vest­ment phi­los­o­phy.

“LGIA­su­per in­vests in a range of busi­nesses and pub­lic in­fra­struc­ture, as well as liq­uid as­sets like shares, to pro­duce con­sis­tent re­turns that are less vul­ner­a­ble to pol­i­tics and pol­icy change.

“We look to pub­lic as­sets and prop­erty, like the Sun­shine Coast Air­port and Fitzroy River Ma­cadamia Farm, to en­sure that our in­vest­ments are spread across dif­fer­ent sec­tors and ben­e­fit the whole com­mu­nity.

“These are as­sets Queens­lan­ders un­der­stand and trust.

‘‘

WE LOOK TO PUB­LIC AS­SETS AND PROP­ERTY, LIKE THE SUN­SHINE COAST AIR­PORT AND FITZROY RIVER MA­CADAMIA FARM, TO EN­SURE THAT OUR IN­VEST­MENTS ARE SPREAD ACROSS DIF­FER­ENT SEC­TORS.

LGIA­SU­PER CEO KATE FAR­RAR

By help­ing to build their own worth, they are also help­ing to build our great state,” she said.

“Con­versely, we also recog­nise the im­por­tance of giv­ing our mem­bers ac­cess to global mar­kets with a num­ber of sig­nif­i­cant in­vest­ments over­seas.”

Mem­bers re­ceived more than 9.4 per cent growth in LGIA­su­per’s Di­ver­si­fied Growth op­tion and more than 7.5 per cent from its Bal­anced op­tion in the past fi­nan­cial year.

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