Print Super’s bonzer year delivers up to 19.9 per cent to members

Of the reputed 100,000 individuals working in the printing and graphic arts industry, fully three quarters are signed up members of the fund. Of this 75,000 the average member is 37 years old, has a 60/40 likelihood of being male (although the numbers of females is rising sharply – it used to be 90 per cent male), and has around $20,000 in the kitty. There are over 5,100 graphic arts registered employers in the fund, which has over $4 billion in reserves.

In the financial year just ended Print Super made an average of 15 per cent across its four investment funds. Ranging from the low-risk Preserver option at 8.7 per cent, Prime Choice at 14.5, Challenge at 15.7 and the top most volatile option Challenge Plus at 19.9 per cent. Over the past three years the average return is 14.2 per cent.

Australian shares proved to be the most lucrative investment ending the year with a 22 per cent gain, followed by overseas shares at 17.9 per cent and property at 14.7 per cent.

As part of Print Super members are able to mix and match their own investment options. Members are able to access low interest loans through Print Super’s affiliations with Members Equity bank and because it is a not for profit entity the fund’s fees to members are considerably lower than comparable financial organizations.

The board of directors is divided between employer and union representatives with Philip Andersen, ceo of Printing Industries heading the investment committee along with Steve Walsh of the AMU.

Ross Martin, CEO, said "Another great year for Print Super members. The returns to 30 June 2006 for all Print Super investment options reflect the commitment of the Board to provide excellent returns within a risk controlled environment.”

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