Could an AI sell-off hit your super?

A balanced super option fell 0.4% last month. How much could AI-linked shares influence returns if growth expectations falter?<br /><br />With technology shares helping drive international markets, questions are emerging about how much super returns depend on AI companies meeting growth expectations. SuperRatings director Kirby Rappell discusses last month’s 0.4% fall in the median balanced option and what volatility means for members. The Australian sharemarket fell 0.8% as Wall Street retreated from record highs, while Firmus IPO speculation surfaced in a Maas Group ASX response. SBS Finance Editor Ricardo Gonçalves speaks with Morgans private client adviser Dianne Colledge about market confidence and potential opportunities.<br><br>In this episode:<br><ul><li>What drove the latest fall in balanced super returns, and how international shares have influenced performance.</li><li>How exposed super members may be to large technology companies, and what could happen if growth expectations disappoint.</li><li>What’s weighing on the sharemarket and what investors may watch during AGM season.</li><li>How Firmus IPO speculation has surfaced in Maas Group’s ASX disclosure.</li></ul>SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives.<br><br>Listen to more episodes of <u>SBS On the Money</u>, and follow the show on the <u>SBS Audio app</u>, <u>Apple Podcasts</u>, <u>Spotify</u> or wherever you get your podcasts.<br><br>For the latest news from Australia and around the world, visit <u>SBS News</u> and follow us on <u>YouTube</u>, <u>TikTok</u>, <u>Instagram</u>, <u>Facebook</u> and <u>X</u>.