Our CEO Ross Piper reflects on FY2020 in the introduction to our latest Year of Impact:
I’d like to start by acknowledging the extraordinary efforts of our members all around Australia, who continue to serve in various roles through this challenging season. Many of our members work in education, human services and Christian ministry, and we would like to thank them for the love and service they have shown in their places of work and in their communities. In a context of COVID-19 where all parts of society have been deeply impacted, faith and the community of faith continues to play such an important role for so many Australians.
The 2019/20 financial year has been a challenging but successful year for Christian Super. The Fund continued to perform strongly, with top quartile member growth and positive cash inflows. We welcomed over 3,000 new members during the year, and successfully introduced a range of new initiatives and services for our members. Our investment team has worked hard to grow and protect our members’ super over the year, noting in particular the significant market volatility caused by COVID-19. Over this time the Fund’s investment portfolio has performed relatively well due to an overall defensive positioning, which is a positive outcome for our members in a time of significant market downturn. Our investment team continues to work diligently to ensure our portfolio is optimised and well positioned to navigate ongoing market volatility, and also opportunities in the current economic environment.