In a recent article published in Alan Kohler's Eureka Report, financial education consultant Scott Francis takes a look at the recent performance of the MTAA superannuation fund.  For 2008-09 the fund has returned minus 24.6% much worse than the 13% fall for balanced funds in general over the same timeframe.

In particular Scott looks at the investment approach undertaken by MTAA and questions its use of the term "balanced superannuation fund".  At the centre of the discussion is the use of "high-yield debt, unlisted property, infrastructure, private equity and natural resources" within the fund.

To take a look at the full article please click on the following link - Why MTAA's wheels fell off