Club Super - right beside you

Club Super declares a monthly interest rate for each investment option.  These rates are determined by the Trustee with regard to the actual investment return on the Fund's assets, after estimated tax and expenses.

The declared monthly interest rates are applied to members' accounts following the end of each financial year, or on earlier exit, based upon the transactions in each month.  Interest is calculated from the date of each transaction for the number of remaining days in the month.  Interest then compounds at the end of each month.  Where you switch investment options, the relevant declared rates will be applied to each option.

The interest rate can also be negative, in line with movements in the value of the Fund's investments, in which case the interest applied will be negative.

Where the member has selected a mix of different investment options, then the rates declared for each option are combined for the options and percentages the member has chosen and a single interest amount is applied to their account.  Please note that separate member accounts are not held for each investment option a member may choose.

Interim crediting rate policy

If you exit the Fund before the Trustee has declared the most recent monthly interest rate(s), an interim rate is used for each investment option.

The Trustee determines the interim rate(s), based upon benchmark returns which reflect the investment performance for each investment option at that point in time and an estimate for tax and expenses.

The interim rate is reviewed regularly to reflect movements in investment markets and may change without notice.