The Purpose of Super, is to give Investment Funds access to somone elses dumb money. That they can use to pump up the stock that they just invested in with their own funds and those of their Private Clients.
They use the Super funds to buy what the smart money is taking profit on.
And then they can borrow the stock from the Super funds to short the market down so they can buy cheaper.
Then use the super funds to pump the price back up and buy off them at the top again, Rinse repeat.
And they get a fresh batch of Dumb money super fund contributions every week to do it all over again.
Thats why the Super funds make 4%pa and their own personal trading accounts would be making 100% plus per year.
