Super crediting rates

What are crediting rates?

Crediting rates are used to calculate the earnings generated by investments in our Pre-mixed and DIY investment options after investment fees and costs, transaction costs and investment-related taxes are deducted¹. Crediting rates will go up and down depending on investment market performance and changes in asset values.

To accurately calculate daily crediting rates, we need to factor in Australian and overseas investment markets. We always aim to publish daily crediting rates from 11.59pm (AEST/AEDT) the following business day, but public holidays and weekends can impact this. There may also be times when daily crediting rates are delayed or suspended. We apologise in advance for any issues this may cause.

¹Investment performance is based on the crediting rate, which is the investment return minus investment fees and costs, transaction costs and investment-related taxes and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance.

For the Indexed Diversified investment option only - This investment option is invested into a range of investments called unit trusts as well as a small allocation to cash investments which form part of the investment option. The unit trusts release daily unit prices which determines most of the daily crediting rate and the investment return for this investment option.

At the end of March, June, September, and December each year, unit trusts can distribute income payments to the Fund. During these times, a unit price will not be released for a short number of days. This can cause the crediting rate for the Indexed Diversified investment option to show a crediting rate return of 0.00%. During these periods, there is still a very small investment return attributed to the allocation to the cash component of the investment option. This amount would be visible if the crediting rates was shown to four decimal places on our website.

Once the income payments have been calculated and processed, the unit prices are released, and the investment returns of the unit trusts (for the full period) are captured in the next daily crediting rate. The regular daily crediting rate updates will also resume on our website, until the next quarter end.