Hi Shonan, As others have said , it will not necessarily mean much. Each SMSF has to have an investment strategy , and that strategy changes when the fund moves into pension/drawdown phase.I am in pension/drawdown phase.A strategy I currently use in one of my funds is to have approx 50% in cash and Term deposits, 40% in profitable blue chip fully franked shares (WOW,TLS,WBC,WPL,ANZ,WES, etc), and the remaining 10% in well researched speculuative shares.These spec shares have provided huge growth over the past three years which resulted in my fund growing by over 50%. So my point here is that unless you compare an industry fund with the same investment strategy you would be comparing apples and oranges .You would also want to take into account whether the fund is in drawdown phase or not My other two SMSF's do not invest in spec shares and are approx 50% cash/TD's and 50% profitable fully franked blue chip shares.They have seen a little growth with good interest and dividend income over the same period. So any comparison you make would be very general and to get a better indication you would want consider the points above and look at a ten year period. Gets tricky doesnt it !
