Shane Oliver, Head of Investment Strategy and Chief Economist
The attached note looks at why superannuation and growth assets like shares should be seen as long term investments.
- As we’ve seen recently with the bear market triggered by coronavirus related lock-downs, growth assets like shares periodically go through bouts of bad short-term performance versus bonds & cash. But they provide superior long-term returns which is essential to grow retirement savings. It makes sense for superannuation to have a high exposure to them.
- The best approach is to simply recognise that super and investing in shares is a long-term investment