Each month, the Trustees determine the Fund's actual rate of taxable and non taxable income or losses earned (net of expenses) for each of the investment strategies and apply those rates as increases or decreases to the Members' Accounts and Reserve Account in proportion to the daily account balance. Tax on taxable income is then deducted from each Member's Account at the Member's individual Prescribed Investor Rate (PIR) being either 10.5%, 17.5% or 30%. Tax is deducted from the Reserve Account at 30%.
Year to Date
Gross Return for the month of March 2013
| Balanced Strategy | 1.13780% |
| Conservative Strategy | 0.94640% |
Year-to-date gross returns (after expenses) to 31 March 2013
| Balanced Strategy | 12.27818% |
| Conservative Strategy | 9.92343% |
The monthly rates and year-to-date compound returns are shown in the graphs below.
Conservative Strategy Year Ending 31 March 2013
Balanced Strategy Year Ending 31 March 2013
