CFS delivers strong double-digit returns for MySuper members in FY25

• FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) delivers 12.8% return
• FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) delivers 11.4% return

3 July 2025 Colonial First State (CFS) today announces strong double-digit returns over the year to 30 June 2025 for members of its MySuper balanced and growth equivalent funds.

The FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) delivered a 12.8% return, while the FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) delivered a 11.4% return. 

Colonial First State’s Chief Investment Officer, Jonathan Armitage, said the past 12 months had been characterised by market volatility, rising geopolitical risks and policy uncertainty. 

"The recovery in equity markets following the sharp selloff at the start of April, triggered by significant tariffs from the Trump administration, is a testament to how quickly markets can shift,” Mr Armitage said. 

"Despite the rebound, uncertainty remains elevated. This highlights the volatile nature of the current market environment. As we anticipated, investment returns are now starting to come back down to more normalised levels but remain higher than long running averages,” he said. 

Mr Armitage said global and domestic equities were a key driver of returns over the year.

“We have also benefited from the recent additions of emerging market equities and increasing the hedging ratio of global equities,” he said. 

"Pleasingly, following three consecutive years of double-digit returns we have been able to significantly improve performance over both three and five-year periods. This achievement underscores our commitment to delivering consistent value to our members."

The FirstChoice Employer Super growth fund (MySuper Lifestage 1975-79) delivered a 13.1% return over 3 years and 10.9% over 5 years.

The FirstChoice Employer Super balanced fund (MySuper Lifestage 1965-69) delivered a 11.3% return over 3 years and 9.1% over 5 years.

Kelly Power, Chief Executive Officer of Colonial First State Superannuation, said CFS has again achieved robust returns for its MySuper members.

“We are particularly pleased to see FirstChoice Employer Super deliver strong performance over a three and five-year period,” Ms Power said. 

“We know that strong performance, low fees and good customer service are important to our members, and we are pleased to be consistently delivering in each area,” she said.

James Mitchell, Senior Manager External Communications, Colonial First State

james.mitchell@cfs.com.au