Defined Benefit Investment Pool

If you’re a Defined Benefit member with Energy Super, contributions made by you and your employer to fund your Defined Benefit are invested in the Defined Benefit investment pool.  The amount credited to your account is the Three Year Average crediting rate shown below.

Please note:

• Our Defined Benefit account is closed to new members
• If you’re a Defined Benefit member and make additional member contributions or rollovers, these funds will be invested in the Defined Contribution investment option that applies to you see investment options.

Objectives

Provide similar investment returns as the MySuper option

• Investment time horizon — five or more years
• Achieve returns (after tax and other costs) over rolling ten year periods 3% above "CPI3", and
• Chance of a negative return — over 20 year period is 3.9.

Please note: the returns objective is an estimate only, it is not guaranteed.

Performance

12 months ending 30 June:

Investments can go up and down. Past performance is not necessarily indicative of future performance.

1 Net effective earning rates are after tax and investment charges and are to 30 June 2016 (unless otherwise specified).

2 Referred to as the Three Year Average crediting rate and is applied to Defined Benefit Member Accounts.  For more information, refer to your Annual Statement.

3 CPI is measured by the All Groups Consumer Price Index For Australia.

Long term asset allocation

The Defined Benefit Investment Pool is invested in the same way and in the same pool as the MySuper option.

How is your crediting rate calculated?

The Defined Benefit investment pool crediting rate is calculated by averaging the net effective earning rates for the last three years (subject to any adjustments Energy Super considers appropriate having regard to the financial position of the pool).  The crediting rate policy may be changed from time-to-time.