FAQ: WHEN WILL MY SWITCH / CONTRIBUTION / WITHDRAWAL BE PROCESSED?

Local Super uses daily unit pricing for all transactions.

Each of Local Super’s 6 investment options are priced daily*.

Where an investment switch, withdrawal request or contribution is received, the transaction will generally be processed within 3 business days of the administrator receiving full and complete information to complete the transaction. The unit price* allocated will be the one that applies to the date the transaction is processed.

*Unit prices are declared on a daily basis once all investment valuation information is available to determine the unit price. The Trustee reserves the right to suspend unit pricing should market circumstances prevail that prevent us from obtaining accurate valuations for the underlying assets.