How unit prices work

Unit prices work in a similar way to share prices. 

See how much your super is worth on any day by looking up the unit price for your chosen investment option and multiplying the number of units you hold by the unit price.*

Number of units held  x  Daily unit price  = Your super's value

* Unitisation applies to accumulation style arrangements and TelstraSuper RetireAccess®. It does not apply to Defined Benefit arrangements. Your super's value is calculated after deducting where applicable, any insurance costs, contribution taxes and administration fee.

The value of your units can go up or down from day to day as it reflects returns on the investments in your chosen investment option. A new unit price will be set daily as the value of the underlying assets in the investment option(s) changes.

  • Contributions made by your employer and yourself buy units in the investment options you have chosen.
  • Any money withdrawn from your account reduces the number of units held.
  • Units make understanding your super easier because you can track the value of your super using the number of units you have and the daily unit prices.

How unit prices are set

Unit prices reflect earnings on the investments of your chosen investment option. A new buy and sell price is set each Victorian Business Day^ for each investment option, reflecting the changing value of the underlying assets in the investment option(s) and transactional and operational costs.

We use 'forward pricing' when we calculate the daily movement in the value of the Fund's assets. For example:

Monday^ Tuesday^
Jack submits his unit price before 5.30pm on the Monday.

The unit price is released and applied from 1pm on the Tuesday.

The value is based on the value of the Funds' assets as the close of business on Monday before 5.30pm.

Monday's transactions (i.e buying and selling of units) are usually available on our website by 3pm on Tuesday.

^Victorian Business Day is from Monday through Friday (inclusive) and excludes any day that falls on a national holiday or Victorian public holiday.

Unit prices are net of indirect investment fees, indirect administration fee and investment tax. TelstraSuper RetireAccess unit prices exclude investment tax, as investment earnings are not taxed in this arrangement. This is different to investment returns appearing in the MySuper Product Dashboard, which are displayed net of administration fees, indirect administration fees, indirect investment fee and investment tax.

Our unit price page details the most recent unit price for all investment options.

Investment performance

Another way to track your super's progress is through investment returns. TelstraSuper's investment returns are updated monthly and show you the return for your chosen investment option(s) over a 12 month, 3 year, 5 year, 7 year and 10 year period. Investment returns are applied to your accumulation account daily via the daily unit prices

Our monthly market updates also provide a handy overview of how investment markets worldwide have performed each month.