Crediting rates
Investment earnings at a glance
If you're with EasyChoice, your investment earnings are calculated using a declared rate, called a crediting rate, each year at 30 June.
The table below shows the crediting rate for the year ended 30 June 2011, for each of the preceding four years and the three and five year compound averages.
| Crediting rate for 5 financial years (as at 30 June) | ||||||
|
2011 (%) |
2010 (%) |
2009 (%) |
2008 (%) |
2007 (%) |
3-year Compound Average (% p.a.) |
5-year compound average (% p.a.) |
|
12.1 |
11.0 |
-13.9 |
-5.2 |
15.1 |
2.3 |
3.2 |
Past performance is not necessarily indicative of future performance. The returns are after (net of) tax and investment management fees. Other fees apply, refer to the Product Disclosure Statement.
How crediting rates work
Crediting rates are determined by taking into account the underlying investment performance of the relevant option and allowances for fees, tax and any reserve allocation. Crediting rates can be positive or negative.
Once calculated, the rate is applied to your account each year as at 30 June based on your ongoing account balances. Individual account activity (such as contributions, transfers and partial benefit payments) will affect the actual investment return that is received.
Interim crediting rates are determined by the Trustee from time to time and applied to full benefit payments (such as switches, withdrawals or transfers) on the day the transaction is processed.
If you have any questions about the allocation of investment earnings to your account, please contact us.
Other investment returns
The above crediting rates are for the EasyChoice members' investments in the Growth Option. Before 12 January 2009, they were invested in an option called the Trustee Portfolio, which is no longer available.
SelectSuper and SelectPlus members' accounts are invested in unitised options. The investment earnings for these options are declared in weekly unit prices, and reported monthly.
About the Fund
RecruitmentSuper is Australia’s leading industry fund for the recruitment and employment services sector, a range of membership options will help you get the solution you need. Experience the benefits of great value, low–fees and personalised support. With our simple, straight-forward solutions, we’re proud to be known as specialists in the recruitment industry.
We offer three membership categories to make sure you get the best solution for your needs. Choose from our EasyChoice, SelectSuper and SelectPlus RecruitmentSuper products, and enjoy the convenience of flexibility, options and services tailored to suit you.
Chances are, you’ve probably changed jobs, states, and careers a few times, collecting little pockets of super all over the place. Make sure you don’t miss out on your lost or unclaimed super. We can help you to consolidate super accumulated from different jobs over the years, so you don’t lose valuable funds. Read more
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RecruitmentSuper is a division of Professional Associations Super, an industry fund with over 445,000 members across Australia and over $1.5 billion of funds under management. Professional Associations Super divisions include SMARTpension, Australian Enterprise Super, and Accountants Super
Find us by searching: Recruitment Super, Recruitment Super Australia, Recruitment Superannuation, Consolidate Super, Consolidate Superannuation, Consolidate Superannuation Funds, Consolidate your super, Consolidate Your Super Funds, Life Insurance Superannuation, Recruitment Super Fund, Recruitment Superannuation Fund
This information is of a general nature only and does not take into account your personal objectives, situation or needs. Before making a decision about RecruitmentSuper, you should consider your own requirements and the relevant Product Disclosure Statement. Contact us for a copy.