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Motley Fool Money · Saturday, September 5, 2026

Future Fund's Underperformance and Benchmarking

Andrew points out that Australia's various Future Funds have underperformed market benchmarks since their inception. He acknowledges this might be unfair due to the funds' liquidity requirements and conservative benchmarking, but notes the distinction between maximizing returns and managing volatility.

The tape

3 quotes
Oh, I don't know. I just the observation that they've all underperformed the markets since inception.
Andrew
Um, that's probably a little unfair because they do have liquidity requirements and they're actually benchmarked against more, um, conservative things.
Andrew
So I think I'm I'm being a little unfairly facetious there because it's it's there is absolutely maximizing your returns and there's also making sure that it's not too volatile.
Andrew
Heard on Motley Fool Money — “Mailbag, incl: Are LICs on the way back? September 6, 2026, published Saturday, September 5, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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