Credited interest rates

The Scheme's final crediting rates for the year ending 31 March 2024 are:

Year
Ending
Cash Cash/
Conserv.
Conserv. Conserv./
Balanced
Balanced Balanced/
Growth
Growth
31 Mar 2024 3.67% 5.02% 6.35% 8.06% 9.77% 11.09% 12.43%


The Scheme’s monthly crediting rates to apply during the year to 31 March 2025 are:

Month
Ending
Cash Cash/
Conserv.
Conserv. Conserv./
Balanced
Balanced Balanced/
Growth
Growth
Apr 2024 0.30% -0.35% -1.00% -1.41% -1.83% -1.97% -2.11%
May 2024 0.29% 0.51% 0.73% 0.92% 1.10% 1.19% 1.27%
Jun 2024 0.29% 0.41% 0.52% 0.60% 0.67% 0.72% 0.76%
Jul 2024 0.36% 1.04% 1.72% 2.18% 2.64% 2.89% 3.13%
Aug 2024 0.29% 0.29% 0.28% 0.18% 0.09% 0.00% -0.08%
Sep 2024 0.29% 0.55% 0.81% 1.02% 1.24% 1.32% 1.40%
Oct 2024                            
Nov 2024              
Dec 2024              
Jan 2025              
Feb 2025              
Mar 2025              
Scheme Year
to Date Provisional Crediting Rates*
1.84% 2.47% 3.09% 3.51% 3.92% 4.15% 4.38%


* The Scheme year to date Provisional Crediting Rates may be amended if and when the Trustee accepts the recommended final crediting rate for the year ended 31 March 2025.

This information has been prepared by Mercer (N.Z.) Limited for general information only. The information does not take into account your personal objectives, financial situation or needs.

29 October 2024