How investment returns are applied

Investment returns can be positive or negative and are applied by calculating a specific crediting rate for each investment option, net of investment management fees and costs.

During a quarter, we calculate interim crediting rates on a daily basis, based on the information available at the time. Then, at the end of a quarter, we calculate a final crediting rate which takes into account additional information (for example, recent valuations of the assets of the investment option).

Following 30 June and 31 December each year, or when you transact, your account will be updated to reflect the difference between interim and final crediting rates. The account balance provided to you in your Benefit statement each half-year reflects these updates. You can also view these transactions in your online account.

If you are invested in an investment option at the end of the quarter and you make a full or partial switch, or a partial withdrawal from the investment option before the final crediting rate is issued, the final crediting rate will still be applied to the balance you held to the end of the quarter. 

You can view an estimate of
your balance in each investment option based on available crediting rates at any time via your online account.

However, if you remain invested in an investment option at the end of a quarter, and make a full withdrawal from the Fund before final crediting rates are declared, interim crediting rates will apply to the entire balance you held in that investment option at the end of the quarter.

If you transfer funds between a UniSuper super account and a UniSuper pension account (or vice versa), the transfer will be treated as a withdrawal (even though you may choose the same investment options in the account you’re transferring to).

For more information

If you have any questions about how crediting rates are applied to your account, call us on 1800 331 685.