KSuper AU Investments (7-MAR-23)
KSuper AU Investments (7-MAR-23)
KSuper is currently using Hostplus and the Choiceplus feature. Although Choiceplus allows for us to run reports, most of them output inaccurate results. The Capital Gains and Disposal results are off. The Income Report results are off. The Performance Report results are off. I have downloaded all of the transactions from the Portfolio Activity feature and summarized the details myself. I wasn’t able to reconcile the details from the portfolio activity to the dividend payments in the Income Report. Regarding the capital gains/(losses) from the trades from my excel spreadsheet, nothing reconciles to the Income Report or the Performance Report. For any of the investments that are being reinvested using DRIPs, the numbers are way off in their reports. I had to create my own functional Excel Report showing transparency on our capital gains/(losses) from the trades and dividends received. I have also calculated the APP (average purchase price) for the funds. Now that we have everything I need for transparency, I’ve included the Actual %, Target %, Target TMV, and To Go TMV.
On the Summary section, I’ve listed the yearly balances starting with the year that Kathy started working in AU. Utilizing our NSR % (Net Savings Rate) of 65% following FI, we managed to maximize the annual super concessional contribution caps as listed by the ATO. First year, I was still learning how the AU market works. Once I implemented different trading and investing strategies, we were able to set different targets and assessed our risk depending on the market volatility. We even managed to profit well during the COVID impact and took advantage of the market volatility. Last year, the RBA started to increase interest rates. We took advantage on the market downturn in MAY/JUN22 and increased our DCA Buys, then sold them during the market uptrend in JUL/AUG22. We’ re now investing in Dividend Income ETFs. As we continue to increase our DCA Buys with our freed up cash flow from the sell positions, and waiting until Kathy receives her Bonus as well as our monthly and salary sacrifice contributions for the year, we will set the reinvestments to DRIPs hopefully to minimize our trading fees for next year.
