MySuper dashboard

The return target is the annualised estimate of the percentage rate of return of a representative member that exceeds the growth in CPI over 10 years.

The annual return is the net investment return of a representative member for a financial year minus administration and investment fees and taxes.

A representative member is a member who is fully invested in the MySuper product, who does not incur any activity fees during a year and who has an account balance of $50,000 throughout that year, excluding any investment gains or losses on the $50,000 balance.

The moving average return target for a particular financial year is the average of the return targets for the relevant year and the previous years in the comparison period, and factors in the annual growth in CPI.

The moving average return for a particular financial year is the average of the returns for the relevant year and the previous years in the comparison period.

The comparison period is:

- the past 10 whole financial years if the MySuper product, or the MySuper product and a predecessor product, have been offered for at least 10 financial years or

- the total number of whole financial years for which the MySuper product, or the MySuper product and a predecessor product, have been offered.

A predecessor product is a default investment option in existence on 30 June 2013.