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Super Fund - how calculate Performance?

Discussion in 'General Investing Discussion' started by GG, 12th Nov, 2009.

  1. GG

    GG Active Member

    Joined:
    21st Oct, 2009
    Posts:
    35
    Location:
    Sydney, NSW
    I have super invested in Hesta, 50% aust share pool 50% intnl share pool
    Last few days the share markets have been going up but if I log on to the Hesta site I see that the 'Estimated Net Investment Performance' has consistently gone down.

    I guess there's a time lag but the people at Hesta on phone were very vague and I don't think understand how the calculations are done.

    Does anyone have any clue as to how a super fund does the calculation for 'Estimated Net Investment Performance'?

    Thanks
     
  2. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
    Posts:
    1,796
    Location:
    Sydney, NSW
    GG

    Hard to tell how they do it.
    I'd imagine that they show the 30 day performance and the year to date performance and they won't be updating those daily
     
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Hi GG,

    Industry super funds usually give interim crediting rates on a monthly basis compared to other funds which usually give daily pricing.

    Cheers,

    Dan