Unit Prices

 

Unit Prices:  The unit price reflects the value of each unit in an investment option. Unit prices are generally declared on a daily basis.

The published unit prices for Rest’s investment options are for transaction purposes (that is, when you buy/sell units in an investment option) except for published unit prices dated as at 30 June. Unit prices are based on the closing market prices from two previous working days. The two day period allows for the collection of relevant market data from Australian and international markets and the subsequent updating of asset valuations which are then incorporated into Rest’s daily unit prices.

The unit prices shown as at 30 June are not used for processing transactions. These non-transactional unit prices are used to calculate account balances in member statements and represents the valuation of the underlying assets as at that date.
 
Unit Pricing Guidelines:  View the guidelines here.
 
When you switch or withdraw your benefits, the buy or sell price that is normally used is the latest buy or sell price that has been loaded onto the Rest administration system at the time when your transaction is processed. If there is a discrepancy between the returns or sell prices on this website and what is on Rest's administration system, the returns or sell prices on the Rest administration system will apply.
 
As at 1 January 2013 Core Strategy has been unitised.
 
N/A applies to options running less than the indicated time periods.

For Rest and Acumen, the Core Strategy earning rates for the years ended 30 June 2008 to 30 June 2011 differed from the crediting rate due to adjustments to the reserves. For the year ended 30 June 2007, the crediting rate was the earning rate. For years ended 30 June 2006 and earlier, the earning rates differed from the crediting rates as adjustments were made to reserves.
 
For Rest Pension, the Core Strategy earning rates for the years ended 30 June 2008 to 30 June 2010 differed from the crediting rates due to adjustments to the reserves. For the year ended 30 June 2011, the crediting rate was the earning rate.

From 1 January 2013 all options are based on unit prices. Prior to that Core Strategy was based on a crediting rate and all other options were based on unit prices. All returns are post investment management fees and tax except the Rest Pension Retirement account options which are untaxed. Returns for the three, five, seven and ten year periods are based on compound averages.  

The inception dates of investment options do not necessarily reflect the date they are available to all members. This means that the chart may display performance data for the option prior to its availability to some members. The commencement date for each investment option and product is listed below: