Your super is designed with the long term in mind, aiming to support your retirement for decades to come. Our investment team continues to closely monitor global developments, including recent events in the Middle East, to carefully manage your super through changing market conditions.
History has shown that, despite major global events such as military conflicts, the Global Financial Crisis, and the COVID‑19 pandemic, members’ super accounts have managed to remain resilient through these challenges. In each instance, financial markets have recovered and continued to grow the value of members’ super over time.
Recent events in the Middle East have reminded us of how markets can react quickly when unexpected news happens. This is something we’ve seen before, and markets often settle down after the initial response.
These changes are normal and reflect the uncertainty at the start, but markets have shown in the past that they can recover and move forward.
The Middle East is a key supplier of oil and gas for the world. There’s a narrow waterway called the Strait of Hormuz between Iran and its neighbours, and a lot of the world’s oil travels through it every day.
If shipping here is held up for a while, energy prices could rise further, which might make petrol and transport more expensive and affect the cost of living. The good news is this impact is often temporary, and markets usually adjust over time.
Major oil producing countries are already working to reduce the impact. For example, Saudi Arabia and others in the region have started sending more oil to the global market. This helps keep supplies steady and prevents prices from rising too much.
When it comes to your super, we know that world leaders and governments make decisions we can’t control. Instead, we focus on what we can do — carefully managing your super with your best interests in mind.
Our team is keeping a close eye on what’s happening and looking for events that might affect your super.
Your super is invested across a range of asset classes and regions, aiming for diversification. Diversification is about balancing exposure so that if some areas face challenges, others may help offset the impact.
The bottom line: We remain focused on protecting your retirement savings over the long term. That means staying diversified and focused on what matters most — helping you achieve your glorious retirement.
This document has been prepared by NULIS Nominees (Australia) Limited (NULIS) ABN 80 008 515 633, AFSL 236465 as Trustee of MLC Super Fund (ABN 70 732 426 024). MasterKey Business Super (MKBS) is part of the MLC Super Fund. NULIS is part of the Insignia Financial group of companies comprising Insignia Financial Ltd (ABN 49 100 103 722) and its related bodies corporate (Insignia Financial Group).
The information and commentary provided in this communication is of a general nature only and does not relate to any specific fund or product issued by an Insignia Financial Group entity. This information does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you. You should consider obtaining independent advice before making any financial decisions based on this information. You should read the relevant Product Disclosure Statements (PDS) and Target Market Determination (TMD) before you make a decision to acquire or continue to hold the product. A copy of the relevant PDS and TMD is available on the website at mlc.com.au or by calling us on 132 652.
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market. An investment is subject to investment risk, including possible delays in repayment and loss of income and principal invested. Actual returns may vary from any target return described and there is a risk that the investment may achieve lower than expected returns.
Any opinions expressed constitute our judgement at the time of issue and are subject to change without notice. We believe that the information contained in this communication is correct and that any estimates, opinions, conclusions or recommendations are reasonably held or made at the time of compilation. However, no warranty is made as to their accuracy or reliability or in respect of other information contained in this communication. Any projection or forward-looking statement (Projection) in this communication is provided for information purposes only. No representation is made as to the accuracy or reasonableness of any such Projection or that it will be met. Actual events may vary materially.
This communication is directed to and prepared for Australian residents only.
