Legalsuper celebrates double digit returns

Legalsuper expects to close out the financial year with a return of more than 11% for its MySuper product.

- Jamie Williamson

The super fund predicts FY25 will see a return of at least 11% for its MySuper Balanced option, while the High Growth option should return about 14%.

The results come despite a change of chief investment officer at the start of 2025, with Paul Murray resigning after just nine months in the role, later replaced by former Rest investment head Andrew Lill.

As per its most recent holdings disclosure, close to 54% of the MySuper Balanced option is invested in listed equities, while 10% is in infrastructure and 9% is in fixed interest.