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    Investment Earnings & Crediting Rates


    First Super investment earnings to 31 March 2013

     

    Investment option Fin. year to date Past 3 months  Past 12 months
    Super Fund      
     Balanced (default) 10.42% 4.09% 9.73%
     Shares Plus

    15.16%

    6.18% 11.51%
     Growth 12.95% 5.15% 13.54%
     Conservative Balanced 8.49% 3.08% 9.11%
     Cash 2.51% 0.75% 4.48%
    Pension Fund      
     Balanced (default) 11.62% 4.52% 10.93%
     Shares Plus 16.62% 6.68% 12.77%
     Growth n/a n/a n/a
     Conservative Balanced 9.60% 3.45% 10.39%
     Cash 2.97% 0.89% 5.30%

    Past investment returns are not a reliable indication of future returns.

    * First Super was formed on 30 June 2008 when the Furniture Industry Retirement Super Trust and the Pulp & Paper Workers’ Super Fund merged with the Timber Industry Super Scheme (TISS). 5 and 10 year investment earnings will be calculated based on the TISS earnings rates for 2007-08 and prior years and reported with 30 June 2012 earnings data.

     

     

    First Super crediting rates for 2011/12 and prior periods

     

     Investment option  2011/2012 Fin year  Past 3 years Past 5 years Past 10 years Since inception Inception date
    Super Fund            
     Balanced (default) 2.50% 6.7% - 0.6% 5.4% 8.0%  01/07/1988
     Shares Plus - 1.33% 7.0% - 3.7% 4.4% 2.8%  01/03/2001
     Growth 3.60% n/a n/a n/a 5.1%  14/10/2011
     Conservative Balanced      4.42% 7.3% n/a n/a 2.8%  01/07/2008
     Cash 5.36% 4.4% 4.2% 4.6% 5.0%  01/03/2001
    Pension Fund                  
     Balanced (default) 3.14% 7.7% - 0.1% n/a 5.1%  18/03/2005
     Shares Plus - 1.08% 7.7% - 3.3% n/a 3.7%  01/07/2005
     Growth n/a n/a n/a n/a n/a  n/a
     Conservative Balanced 5.20% 8.3% n/a n/a 3.3%  01/07/2008
     Cash 6.31% 5.2% 4.9% n/a 4.8%  01/07/2005

    Past investment returns are not a reliable indication of future returns.

    Your super account earns investment income at the Fund’s declared crediting rate*. The crediting rate used will depend on the investment option(s) you have selected.

    Each month First Super will declare an investment return for each investment option based on earnings and estimated fees and tax.

    After the end of the financial year (30 June) First Super will adjust your account based on the accumulated monthly performance of each investment option after deducting tax and fees and allowing for reserves.

    At the end of the financial year, the amount applied to your account is based on your average daily account balance and the related monthly performance for your investment option.

    You should take into account that returns can fluctuate up or down and may be negative in some years. The actual returns are based on the performance of the underlying investments and First Super does not guarantee or promise any specific rate of return.

    * Earning rates and interim earning rates may be positive or negative. If the earning rate is positive your account earns money. If the rate is negative the amount in your account is reduced.