Investment terminology

Learn more about some of our investment terminology.

Melbourne Business Day

A Melbourne business day is from Monday through Friday (inclusive) and excludes any day that falls on a national holiday or a Victorian public holiday,* as published on the Victorian Government’s website.

Effective day rules – investment option update

For  investment option switches, TelstraSuper must receive switch instructions before 5.30pm on a Melbourne business day in order to be transacted at that day’s declared unit price. Unit prices for a particular day are declared on the following Melbourne business day. For switches received after 5.30pm, the switches will be transacted using the next day’s buy and sell unit prices. 


* Does not include a public holiday that is a non-metropolitan Victorian public holiday only.