Early access to super applications

If your application through myGov for an early release payment is approved by the ATO, they will send you a confirmation and notify Media Super. We will generally process your payment within five business days. Read the full details about timing and info to check before applying.

Our fund performance


It's important to know how your super or pension investments are performing.

Below we explain how we report our investment performance and how unitised investments work.

In this section you will find an explanation of how we report short and long-term performance information for our full range of investment options for super, transition to retirement and pension.

How we calculate and report investment performance

Media Super calculates and publishes weekly unit prices and indicative monthly investment performance for each investment option based on the valuations of the underlying investments of the particular option.

Your account balance is calculated based on the number of units you hold in each option (see below for more info on unitised investments) and the applicable unit price at the time of calculation, e.g. at 30 June for your annual statement. You can view a current valuation of your account, your number of units and transaction history at any time by logging into your online account.

Unless you are actively switching your investment choices, short-term fluctuations in unit prices may be essentially meaningless to your overall account balance. It is also worth remembering that lower unit prices mean that you may be purchasing more units per contribution if you make contributions at a set rate.

While most of Media Super's investment options are available to super, TTR and pension members, investment returns on each option will vary due to the differing tax treatment of pension accounts.

Note: The Direct Investment option does not operate on a unitised basis. Performance figures are not available for the Direct Investment option as returns are dependent on each member’s investment choices within the option. For more detailed information on the Direct Investment option, read the Direct Investment Guide.

Unitised investments

Media Super investment options operate using a unitised system. You may be familiar with this kind of system if you currently have money in a personal investment product like a managed fund.

Buying and selling units

When you make a contribution, switch your investment option or change your mix of investment options, you are in effect buying and selling units, and as such, your investment will be affected by the buy and sell price that applies on the date your switch is made.

Unit prices go up or down, depending on the value of the investments within each investment option. Influences include rental receipts, distributions, dividends, fixed interest payments and asset values.

When are unit prices updated?

Unit prices for each of Media Super’s investment options are calculated weekly and are published on this website.

The ‘buy’ price is what it costs to buy one unit of your chosen investment option by making a contribution or switching your investments to that option. The ‘sell’ price is how much you receive for selling one unit by switching out of the option or withdrawing your balance.

How can I calculate the value of my super?

You can calculate the current value of your super investment at any time by multiplying the number of units you hold in each investment option by the latest published sell price. You can find out how many units you currently hold by logging into your online account.

The investment return will depend on the investment option selected and the buy price applicable at the time of buying into that investment option (at the time each contribution or switch is made). If you make an enquiry about your account balance, the balance quoted will be based on the sell price.

Example

If you have 25,000 units in Media Super’s Balanced option valued at $1.04 per unit and 25,000 units in the Growth option valued at $1.02 per unit, then your total superannuation investment would be valued at:

BalancedGrowthTotal
25,000 x $1.0425,000 x $1.02$51,500

To find out how your investment options are performing visit the super, TTR or pension investment performance pages.