Performance update Jan-Mar 2026

11 May 2026

Super is a long-term investment, but we know it can feel unsettling when markets move around. 

The first few months of 2026 were a reminder that global events can have a real impact on investment markets – and in turn, on super balances. While many members saw a small decline this quarter, it’s important to remember that these periods are a normal part of investing. 

Below, you’ll find the latest returns for GuildSuper, along with a simple breakdown of what’s been happening and what it means for you. 

How did GuildSuper perform? 

Investment performance to 31 March 2026 

MySuper investment performance

MyMix investment performance

Net investment returns to 31 March 2026.   

Returns are not guaranteed and past performance is not a reliable indicator of future performance. Investments may be held directly, or indirectly through Exchange Traded Funds (ETFs) and other managed investment vehicles.   

What happened in markets? 

At the start of the year, markets were relatively steady. Inflation was easing, and economic growth was continuing at a moderate pace. That changed during March. 

Conflict in the Middle East disrupted global oil supplies, particularly through a key shipping route called the Strait of Hormuz. This pushed oil prices sharply higher, which flowed through to broader costs across the global economy. 

As a result: 

• Share markets in Australia and overseas declined  

• Bond markets also fell slightly  

While these movements being reflected in your super balance can feel concerning, they’re not unusual. Markets regularly respond to global events like this – and historically, markets tend to recover those losses over time. That’s why taking a long-term approach is so important.  

Uncertainty remains 

There’s still uncertainty about what happens next. 

Some of the key issues, like control of important shipping routes, are still unresolved. That means: 

• Energy supply may remain disrupted for a while  

• Prices (especially fuel) could stay higher in the short term  

• Markets may continue to experience ups and downs  

Even when conditions improve, it can take time for things like fuel prices and supply chains to fully settle. 

Higher oil prices have also made the fight against inflation more challenging. 

The Australian story 

In Australia, the Reserve Bank increased interest rates again this quarter, bringing the cash rate to 4.10% during the quarter to 31 March. This upward trend has continued, reaching 4.35% in May. While this upward trend is expected, it reflects the balancing act between: 

• Keeping inflation under control  

• Supporting economic growth  

Higher interest rates can slow spending and put pressure on households, which is something many people are already feeling. 

Looking ahead, further rate rises are possible – but the outlook remains finely balanced. 

Across the board, most major asset classes were impacted: 

• Global shares fell over the three months to March

• Australian shares also moved lower  

• Bonds delivered slightly negative returns as interest rates rose  

• Gold had mixed performance, falling in March but still up overall for the quarter  

This broad-based movement is why many diversified super options saw a decline over the period. 

What this means for your super 

Market ups and downs can be uncomfortable — especially when you see your balance dip. But  it’s important to keep a long-term perspective. 

• Read more: What news headlines mean for your super 

Your super is designed to: 

• Be invested across a wide range of assets  

• Manage risk through different market conditions  

• Grow over the long term 

Periods of volatility are a normal part of that journey. Reacting to short-term movements – like switching investment options during a downturn – can lock in losses and mean missing out on  future recoveries. 

Looking ahead 

While recent volatility has been driven by rising oil prices and global tensions, the broader economic picture is still relatively resilient. 

Growth is expected to continue, and markets have already shown signs of stabilising as confidence improves. 

Importantly, history shows that: 

• Markets tend to recover as uncertainty eases  

• Long-term investors are typically rewarded for staying the course  

We’re continuing to actively manage investments with a focus on balancing risk and long-term returns, while staying aligned with our investment approach. 

Should you make changes? 

It can be tempting to react when markets dip or headlines intensify. But making investment decisions during periods of heightened emotion can sometimes do more harm than good.  

Before making changes to your super, it’s worth taking a step back and considering:  

• Your long-term retirement goals  

• How long you have until you can access your super  

• Your comfort with market ups and downs  

If you’re unsure, this is exactly what our Coaches are here for. A conversation can help you understand your options and feel confident about your next step.  

Chat to a smartCoach 

We’d love to hear from you!  
Call or email 1300 COACH 0 (1300 262 240), or coach@guildsuper.com.au. You can also book a time to chat. 

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