Daily Super Returns

What the figures represent

Review My Super estimates daily returns for six model investment profiles: Secure, Defensive, Conservative, Balanced, Growth and High Growth.

Each uses a representative mix of growth and defensive assets to illustrate how market movements may affect different types of super portfolios.

These estimates are not the reported returns of an individual super fund, an average of actual fund returns, or the performance of a Review My Super investment portfolio.

How we calculate the estimates

We use market data to estimate returns for the asset classes shown in the Asset Class Performance table above.

The model primarily uses prices of exchange-traded funds as representative market proxies, with market indices used for some market measures.

We weight each asset class return according to its allocation in the model profile, then combine the results to estimate the profile’s daily return.

Each profile uses a fixed investment mix, ranging from predominantly defensive assets to a higher proportion of growth assets. These mixes represent broad super investment profiles; they do not replicate a particular fund. A fund option with a similar name may have a different investment mix, risk level or investment approach.

Where available, we use adjusted prices that account for distributions and relevant corporate actions. If an adjustment is not available when we calculate a daily return, that estimate may differ from a return calculated later using adjusted historical data. Historical estimates may be reviewed and corrected where appropriate; these corrections are not automatic.

Cash returns are estimated using an assumed annual rate, reviewed against prevailing Australian cash rates and converted to an equivalent daily compounded return.

Month-to-date and financial-year-to-date returns

Month-to-date returns cover the current calendar month. Financial-year-to-date returns cover the period from 1 July.

We compound the daily estimates to calculate these returns, so each day’s movement builds on the previous day’s result.

These calculations use the daily estimates recorded at the time of each update. Corrections to earlier daily estimates are reflected in subsequent calculations, but previously published cumulative figures are not automatically recalculated.

Market timing and currency

Australian and overseas markets close at different times, so figures on the page may relate to different trading sessions. The Market Snapshot identifies the relevant session or observation time. The daily estimates relate to the reporting date displayed on the page, rather than live market prices.

International asset class returns are generally measured using market proxies priced in Australian dollars. Their response to currency movements depends on whether the underlying exposure is hedged or unhedged.

Developed international shares, developed international small companies, emerging markets, global property and listed infrastructure use unhedged inputs. Global bonds use a hedged input. The model does not apply any additional currency adjustment, so the currency treatment follows the representative market proxy used for each asset class.

The S&P 500 figure in the Market Snapshot provides market context. It is not the input used to calculate developed international share returns within the model profiles.

Fees, tax and account costs

We do not apply a separate allowance for super fund fees, investment tax, insurance premiums or member-specific charges. Costs and taxes already reflected in the underlying market data remain embedded in the estimates.

Why your fund’s return may differ

Your fund may hold different investments, use different asset allocations or currency hedging, and incur different costs. It may also hold unlisted assets whose valuations do not move in step with daily market prices.

These differences mean the estimates may diverge from your fund’s published returns. Contributions, withdrawals and account charges also affect your personal account balance.

If important market data is unavailable or fails our checks, publication may be delayed.

How to use these figures

Use these estimates as a guide to market movements, alongside your fund’s published returns and account statements.

A daily movement is a short-term observation, not a forecast or a reason on its own to switch funds or investment options. Assess your super over suitable longer periods, considering its investment risk, costs, insurance and your circumstances.

Past performance is not a reliable indicator of future performance.

Methodology last reviewed: 27 October 2026