Latest performance
HIP's long term performance
In the long term, one of the most significant factors affecting your retirement benefit will be the investment returns you receive from your fund, after costs, fees and taxes are deducted. You should check what sort of returns the fund has achieved and whether you have a choice of investment options.
You should also examine the investment objectives of the fund or investment option you will be investing in, both to assess the level of risk involved, and to establish whether they have been meeting their goals. However, remember that past returns cannot be taken as necessarily indicative of future results. You should also check whether fees and charges are deducted before or after returns are applied to your account.
How HIP has performed?
HIP’s most popular investment option the Growth Option has performed comparably with the average default superannuation fund over 5 years to 30 September 2008.
| To 30 September 2008 | HIP Growth Option (Default Fund) |
Average Retail (Default Fund)* |
| 1 Year | (14.4)% | (11.6)% |
| 3 Years | 4.7% | 4.2% |
| 5 Years | 8.4% | 8.5% |
* Source: SuperRatings Default Fund Survey
Predicting future returns
Previous returns on investment pools or investment classes are not necessarily a reliable indicator of future performance. This is because over time your investments may be affected by changing economic conditions, currency fluctuations, or other variables. For example, there are irregular cycles of 'bull' (growing) and 'bear' (contracting) share markets.
This website is provided by Private Hospitals Superannuation Pty Ltd ABN 59 006 792 749, AFSL 247063, RSE L0001533, Trustee of Health Industry Plan (SPIN HIP0100AU, RSE R1056617), and is general information only. It does not take into account your objectives, financial situation or specific needs so you should look at your own financial position and requirements before making a decision. Please note that investments can go up and down. Past performance is not a reliable indicator of future performance. You should assess your own financial situation and needs, read the relevant Product Disclosure Statement and consult an adviser if required before making a decision about products on this website.