PERFORMANCE

204,446 (August 2008) Westscheme members benefit from being part of a fund that strives to make money for its members - through lower fees and higher investment performance.

The net investment performance is the amount left over after deductions for investment management fees, tax and other costs have been taken away.

Net investment performance allows for both gains (positive) and losses (negative), depending on actual investment performance.

The net investment performance is declared each month for the investment options, and is allocated on the daily balance you have invested in each option.

The chart below shows the performance of the Trustee’s Selection relative to its objective on a rolling five years basis. The objective is set at CPI +3%.


Trustee’s Selection Versus Objective (Rolling 5 Years) (a) (as at End-June 2008).



(a)        The impact of the introduction of the new tax system (GST) has been removed from the return objective.

Trustee’s Selection Net Investment Performance = 11.0% (Rolling Five Years).

Trustee’s Selection Objective = 6.1% (Rolling Five Years).

This next chart compares the past performance of each Westscheme member investment choice (MIC) option (accumulation options, not pensions) with its objective.


The Performance of Westscheme’s Member Investment Choice Options Versus Objectives(a) (as at End-June 2008).



(a) The objectives presented in the chart above are detailed in Westscheme’s Product Disclosure Statement available from the Members section of this website. The performance of the Trustee’s Selection and Screened options is the net investment performance rate. The performance of the other options (and their objectives) is shown on a pre-tax and fees basis.

The information presented above is not an investment recommendation or advice as it does not take into account individual investors’ investment objectives, financial situation or needs. Before making an investment decision you should obtain a copy of the Westscheme Product Disclosure Statement available on this website and, if applicable, obtain financial advice. Past performance is no guarantee of future performance.

Link to Westscheme's investment performance June 2008.



SUPER

Figures quoted as at 30 June 2008.


 1 Year Annualised Average
Trustee's Selection -7.42% 10.99% (5 year rolling average)
Screened Investment -7.59% 10.38%
(5 year rolling average)
Cash 3.88% 4.48% (5 year rolling average)
Australian Shares -10.64% 16.70%
(5 year rolling average)
Overseas Shares -17.64% 4.14%
(5 year rolling average)
Bonds 3.45% 3.70%
(5 year rolling average)
Target Return -0.89% 12.20%
(5 year rolling average)



RETIREMENT PRODUCTS 
Allocated Pension and Market-linked Income Stream

Figures quoted as at 30 June 2008


 1 Year Annualised Average
Retirement Selection -0.39%

8.36% (since inception 01.07.05)

Trustee's Selection -8.09% 12.10%
(5 year rolling average)
Screened Investment -8.29% 11.52%
(5 year rolling average)
Cash 4.57% 5.27%
(5 year rolling average)
Australian Shares -11.65% 17.49%
(5 year rolling average)
Overseas Shares -19.64% 4.63%
(5 year rolling average)
Bonds 4.06% 4.36%
(5 year rolling average)
Target Return -0.74% 13.74%
(5 year rolling average)

Historical rates can be viewed here.  Historical rates are also published in Westscheme's annual report which can be accessed from publications/forms above.