Our SMI Balanced option delivered double-digit returns of 10.47% for the calendar year and achieved 8.90% per annum over the past five years.1
Throughout 2025, global share markets experienced robust growth, with emerging, global and Australian markets all generating strong returns.
Concerns around US tariff announcements created volatility in April, but these were largely overcome as the year progressed.
Inflation eased in most major economies during 2025, signaling interest rates may have peaked, and helping stabilise markets. And despite mixed conditions in the final quarter, global markets once again rallied toward the year end.