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 2009 to the last valuation date ( as at the close of business the previous Wednesday ).*
| Investment option |
FYTD
(%)
|
| Capital Guaranteed |
3.07
|
| Capital Stable |
11.60
|
| Conservative Balanced |
12.12
|
| Balanced |
13.19
|
| Sustainable Balanced |
12.69
|
| Alternative Growth |
12.93
|
| Growth |
13.92
|
Capital Secure*
|
5.15
|
| Fixed Interest |
12.95
|
| Direct Property |
5.71
|
| Australian Shares |
16.48
|
| Overseas Shares |
13.38 |
| |
Last updated 26/07/10 |
*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 the 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 writing to CareSuper.
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 those members who joined the fund during the year or who have made an investment option switch, earnings 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. For all options apart from Balanced, these returns are declared as the monthly crediting rates for each option.
Monthly investment returns
Managed options from May 2009 to May 2010
(expressed as a percentage earned for the month)
| |
Capital Guaranteed
|
Capital Stable
|
Conservative Balanced
|
Balanced
|
Sustainable Balanced
|
Growth
|
Alternative Growth
|
| May 10 |
0.27 |
-1.12 |
-1.82 |
-2.62 |
-2.65 |
-3.64 |
-2.85 |
| Apr 10 |
0.28 |
0.43 |
0.23 |
0.01 |
-0.50 |
-0.35 |
-0.01 |
| Mar 10 |
0.27 |
1.81 |
2.44 |
3.16 |
3.16 |
3.34 |
4.31 |
| Feb 10 |
0.23 |
0.93 |
0.95 |
1.03 |
1.08 |
0.99 |
1.09 |
| Jan 10 |
0.25 |
-0.44 |
-1.02 |
-1.69 |
-1.85 |
-1.56 |
-2.79 |
| Dec 09 |
0.25 |
1.10 |
1.58 |
2.15 |
2.32 |
2.36 |
2.90 |
| Nov 09 |
0.22 |
1.33 |
1.45 |
1.56 |
1.31 |
1.51 |
1.62 |
| Oct 09 |
0.2 |
-0.2 |
-0.5 |
-0.7 |
-0.6 |
-0.2 |
-1.2 |
| Sept 09 |
0.17 |
1.95 |
2.24 |
2.60 |
2.35 |
2.62 |
3.31 |
| Aug 09 |
0.19 |
2.10 |
2.58 |
3.03 |
3.45 |
3.26 |
3.80 |
| July 09 |
0.17 |
2.40 |
2.98 |
3.76 |
4.44 |
4.67 |
3.17 |
| June 09 |
0.18 |
0.81 |
0.85 |
0.44 |
0.22 |
1.46 |
1.12 |
| May 09 |
0.20 |
0.86 |
1.20 |
1.50 |
0.71 |
2.01 |
2.83 |
Asset Class options from April 2009 to April 2010
(expressed as a percentage earned for the month)
| |
Capital Secure*
|
Fixed Interest
|
Direct Property
|
Australian Shares
|
Overseas Shares
|
| May 10 |
0.26 |
0.83 |
0.42 |
-7.55 |
-2.48 |
| Apr 10 |
0.41 |
1.30 |
0.48 |
-1.38 |
0.01 |
| Mar 10 |
0.40 |
0.12 |
1.18 |
5.96 |
4.79 |
| Feb 10 |
0.31 |
1.16 |
0.56 |
1.73 |
0.56 |
| Jan 10 |
0.45 |
1.43 |
0.10 |
-5.54 |
-2.92 |
| Dec 09 |
0.54 |
-0.36 |
1.02 |
3.50 |
3.92 |
| Nov 09 |
0.35 |
1.67 |
0.38 |
1.72 |
2.70 |
| Oct 09 |
0.3 |
0.1 |
-0.3 |
-1.5 |
-3.1 |
| Sept 09 |
0.42 |
1.59 |
-1.64 |
6.44 |
1.96 |
| Aug 09 |
0.48 |
1.04 |
1.21 |
6.21 |
3.35 |
| July 09 |
0.45 |
1.10 |
0.64 |
7.45 |
5.41 |
| June 09 |
0.37 |
0.14 |
-5.06 |
4.30 |
-0.59 |
| May 09 |
0.42 |
0.04 |
0.72 |
0.40 |
3.61 |
* Formerly known as Cash
