Investment Performance
The net-of-fees-and-costs investment returns are calculated each month and are used to update the Administrator’s records shortly after each month end. Monthly returns can be positive or negative. This means that the value of members' benefits (members' Fund Credits) can reduce (go down) from one month to the next, if the Fund’s returns are negative.
The monthly investment returns for the current financial year are shown below, as and when they become available. (The returns for previous financial years are shown in the second table below.)
| Month ending | Investment Return | |
|---|---|---|
| 2025/4/30 | +2.050% | |
| 2025/5/31 | +2.579% | |
| 2025/6/30 | +2.542% | |
| 2025/7/31 | +1.525% | |
| 2025/8/31 | +0.972% | |
| 2025/9/30 | +2.290% | |
| 2025/10/31 | +1.827% | |
| 2025/11/30 | +1.587% | |
| Financial year-to-date | +16.434% |
The actual net returns earned on the Fund’s investments have been as follows since the inception of the Fund in 1994. They are shown for each financial year, and are the returns net of all fees and costs, as actually credited to members.
| From inception to 31.3.1999 | 15% p.a |
| 1.4.1999 – 31.3.2000: | 12.7% for the year.(The Fund’s investments were all invested in cash during this period) |
| 1.4.2000 – 31.3.2001: | 5.8% for the year, plus an additional 2.5% added to members’ Fund credits at 31.3.2001. |
| 1.4.2001 – 31.3.2002: | 14.0% for the year, plus an additional 0.8% added to members’ Fund credits at 31.3.2003. |
| 1.4.2002 – 31.3.2003: | -4.5% (negative) for the year. |
| 1.4.2003 – 31.3.2004: | 21.3% for the year. |
| 1.4.2004 – 31.3.2005: | 18.4% for the year. |
| 1.4.2005 – 31.3.2006: | 28.1% for the year, plus an additional 1.75% added to members’ Fund credits at 31.3.2006. |
| 1.4.2006 – 31.3.2007: | 19.8% for the year. |
| 1.4.2007 – 31.3.2008: | 8.9% for the year. |
| 1.4.2008 – 31.3.2009: | -1.4% (negative) for the year. |
| 1.4.2009 – 31.3.2010: | 17.7% for the year. |
| 1.4.2010 – 31.3.2011: | 11.0% for the year. |
| 1.4.2011 – 31.3.2012: | 10.1% for the year. |
| 1.4.2012 – 31.3.2013: | 15.6% for the year. |
| 1.4.2013 – 31.3.2014: | 11.1% for the year. |
| 1.4.2014 – 31.3.2015: | 7.3% for the year. |
| 1.4.2015 – 31.3.2016: | 4.0% for the year. |
| 1.4.2016 - 31.3.2017 | 7.7% for the year. |
| 1.4.2017 - 31.3.2018 | 8.8% for the year. |
| 1.4.2018 - 31.3.2019 | 6.0% for the year. |
| 1.4.2019 - 31.3.2020 | -5.9% (negative) for the year. |
| 1.4.2020 - 31.3.2021 | 23.1% for the year. |
| 1.4.2021 - 31.3.2022 | 11.0% for the year. |
| 1.4.2022 - 31.3.2023 | 9.9% for the year. |
| 1.4.2023 - 31.3.2024 | 10.0% for the year. |
| 1.4.2024 - 31.3.2025 | 11.6% for the year. |