The twelve-month performance of our clients was typically very strong driven in large part by the strong returns gained from listed markets. Of course our clients typically have long-term objectives and over these periods our clients have again performed strongly against both peers and benchmarks.
Using the highly competitive superannuation sector as a proxy for the performance of our clients, these charts show the strong long-term performance of Frontier clients (via our median superannuation fund client). Frontier clients have outperformed both in terms of competitors (versus the SuperRatings industry median) and against the consumer price index (1.8% over both five and ten years), which forms the foundation for many of our clients investment objectives. The long-term nature of these results provides an indication of the consistent value of our market calls within our longer-term forecasts.