Long term performance
Below is a graph showing HIP long term performance for the Growth (default) Option as well as the more conservative Capital Stable and Cash Options.
If you haven’t made an investment choice, your money will be invested in the Growth Option.
Judging a fund's investment performance
Your fund's investment performance usually makes a big difference to how much you will have to retire on.
No-one can reliably pick which fund will perform best. It's far more reliable to pick the right investment strategy and fund features with low fees, and take the ups and downs of investment performance in your stride.
Four tips for judging performance
1. Look for a reasonable performance
It's a waste of time trying to pick next year's top performer.
2 Judge performance over at least 5 years
Super is a long-term investment, and short-term figures, such as the last 12 months or less, are all but useless.
3 Compare like with like
If a fund has 70-80% of its money in shares and property, compare it only with other similar funds, not funds with 60-70% of their money in cash and fixed interest. Higher fees do not guarantee you higher returns.
4. Try to use the same start and finish dates for each fund
Five-year performance from June to June will differ from January to January.
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.