Interim rates are based on the estimated monthly returns for each investment option (adjusted for tax, investment management and other costs). Interim rates are declared for each investment option on a weekly basis, but the Trustee reserves the right to declare interim rates more or less often.
Financial year to date returns for the period 1 July 2010 to the last valuation date ( generally being the Wednesday prior to the day on which the table was last updated ) These rates should not be used to calculate your balance. To obtain your current balance, please log in to your online account to view your "benefit quote".
| Investment option |
FYTD
(%)
|
| Capital Guaranteed |
1.42
|
| Capital Stable |
4.40
|
| Conservative Balanced |
5.23
|
| Balanced |
6.67
|
| Sustainable Balanced |
6.19
|
| Alternative Growth |
6.58
|
| Growth |
7.27 |
Capital Secure*
|
2.12
|
| Fixed Interest |
3.03
|
| Direct Property |
2.87
|
| Australian Shares |
10.70
|
| Overseas Shares |
6.80
|
| |
Last updated 13/12/10 |
*These rates are estimates only and can only be used as a guide to returns.
While history has shown that interim rates are usually positive, it is important to note that in a period of volatile financial markets, it is not uncommon for an interim rate to be negative, meaning that earnings would be deducted from your account at the time of a switch or payment of your benefit. CareSuper's Investment Policy Statement contains a detailed description of the calculation of interim rates. This is available upon request by contacting the CareSuperLine on 1300 360 149.
Crediting rates
At the end of each financial year, earnings are applied to members' accounts. For those who have been members for the entire year and who have not switched investment options, earnings are credited for the full year. For members who joined the fund during the year or who have made an investment option switch, interest will be credited for the period since joining or since the most recent switch was implemented.
Earnings are calculated using the actual after-tax and investment management fees money-weighted return for each investment option. These returns are declared as the monthly crediting rates for each option.
Estimated monthly investment returns
Please note that the final monthly and annual crediting rates vary from estimates published through the year in response to end of year asset valuations and tax adjustments.
Managed options from July 2009 to October 2010
(expressed as a percentage earned for the month)
| |
Capital Guaranteed
|
Capital Stable
|
Conservative Balanced
|
Balanced
|
Sustainable Balanced
|
Growth
|
Alternative Growth
|
| Oct 10 |
0.25 |
0.70 |
0.95 |
1.30 |
1.31 |
1.69 |
1.51 |
| Sept 10 |
0.29 |
1.27 |
1.79 |
2.72 |
2.36 |
3.07 |
2.74 |
| Aug 10 |
0.30 |
0.43 |
0.08 |
-0.51 |
-0.95 |
-0.95 |
-0.61 |
| Jul 10 |
0.29 |
1.40 |
1.68 |
2.22 |
2.34 |
2.53 |
2.19 |
| Jun 10 |
0.28 |
0.01 |
-0.46 |
-0.85 |
-1.28 |
-1.65 |
-1.20 |
| May 10 |
0.26 |
-0.94 |
-1.53 |
-2.26 |
-2.22 |
-3.05 |
-2.37 |
| Apr 10 |
0.25 |
0.38 |
0.21 |
-0.05 |
-0.45 |
-0.25 |
-0.03 |
| Mar 10 |
0.26 |
1.51 |
2.03 |
2.52 |
2.62 |
3.55 |
2.77 |
| Feb 10 |
0.21 |
0.81 |
0.83 |
0.85 |
0.92 |
0.97 |
0.86 |
| Jan 10 |
0.24 |
-0.34 |
-0.83 |
-1.51 |
-1.52 |
-2.31 |
-1.28 |
| Dec 09 |
0.24 |
0.96 |
1.37 |
1.81 |
1.99 |
2.50 |
2.02 |
| Nov 09 |
0.19 |
1.10 |
1.20 |
1.25 |
1.06 |
1.34 |
1.24 |
| Oct 09 |
0.20 |
-0.18 |
-0.39 |
-0.72 |
-0.53 |
-0.97 |
-0.16 |
| Sept 09 |
0.17 |
1.68 |
1.92 |
2.08 |
1.99 |
2.84 |
2.22 |
| Aug 09 |
0.18 |
1.72 |
2.09 |
2.62 |
2.76 |
3.07 |
2.55 |
| July 09 |
0.18 |
2.08 |
2.59 |
2.99 |
3.80 |
4.04 |
2.75 |
Asset Class options from July 2009 to October 2010
(expressed as a percentage earned for the month)
| |
Capital Secure*
|
Fixed Interest
|
Direct Property
|
Australian Shares
|
Overseas Shares
|
| Oct 10 |
0.39 |
-0.08 |
0.41 |
1.67 |
2.21 |
| Sept 10 |
0.36 |
0.14 |
1.11 |
4.91 |
3.24 |
| Aug 10 |
0.33 |
2.03 |
0.37 |
-1.73 |
-1.34 |
| Jul 10 |
0.46 |
0.84 |
0.40 |
4.60 |
1.78 |
| Jun 10 |
0.25 |
1.89 |
1.00 |
-2.48 |
-2.69 |
| May 10 |
0.21 |
0.72 |
0.34 |
-6.41 |
-2.10 |
| Apr 10 |
0.34 |
1.12 |
0.40 |
-1.17 |
-0.01 |
| Mar 10 |
0.34 |
0.10 |
0.98 |
4.79 |
4.10 |
| Feb 10 |
0.27 |
1.00 |
0.47 |
1.57 |
0.49 |
| Jan 10 |
0.38 |
1.22 |
0.08 |
-4.61 |
-2.47 |
| Dec 09 |
0.45 |
-0.30 |
0.85 |
3.08 |
3.36 |
| Nov 09 |
0.28 |
1.43 |
0.31 |
1.38 |
2.31 |
| Oct 09 |
0.28 |
0.11 |
-0.33 |
-1.15 |
-2.65 |
| Sept 09 |
0.35 |
1.36 |
-1.40 |
5.50 |
1.69 |
| Aug 09 |
0.40 |
0.90 |
1.01 |
5.15 |
2.87 |
| July 09 |
0.38 |
0.94 |
0.53 |
6.43 |
4.62 |
* Formerly known as Cash
