Super Fund - how calculate Performance?

Discussion in 'Superannuation, SMSF & Personal Insurance' started by GG, 12th Nov, 2009.

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  1. GG

    GG Active Member

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    1st Jul, 2015
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    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 Well-Known Member

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    Location:
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    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

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    1st Jul, 2015
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    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