How to track Superannuation

Managing trading & investments
1

I’ll talk about how to track your super on Sharesight and the current limitation.

I think most Super Funds’ generally offer two types of investment options: pre-mixed option, create your own mix and direct share option.

Pre-mixed
Pre-mixed options like Growth, Balanced, or Conservative etc usually invest across a range of asset class (AU, international, private, cash etc), each with a % range. So you pick one that suits you the most i.e lifecycle.

We have pricing data for the super funds below (just to name a few):

  • REST
  • HOSTPLUS
  • Aware Super
  • HESTA
  • Mercer
  • MLC
  • Care Super
  • ING Direct

If you cannot find your superfund investment option in Sharesight, you can add it as a custom investment (see below)

Add custom investment
Depends how you structure your portfolios in Sharesight, you can track your super either using the custom investment or the cash account function.

The main difference between these two is it is easier to track on cash account than custom investment. While custom investment is included in the portfolio return calculation (not cash account item).

So let’s say you have $100K in your super. You will create a custom investment, create a buy trade quantity 1 x price 100,000. And update your balance as the ‘market price’ as you go i.e monthly, quarterly, yearly etc.

It will be similar with cash account. You create an ‘deposit’ transaction on a certain date i.e 01 Jul 2024, enter your super balance on that date, and update it as you go.

So these are a crude way to track you super balance without overcomplicate things like entering contribution, fees, investment earnings, etc.

Direct Shares
Direct shares give you the option to invest directly into ASX300, ETFs and LIC etc. Now this one you can track each investment manually just like any normal shares.

So for example, I own 7-8 investments in my ING Super so I manually track each buy and sell in my Sharesight portfolio (my understanding is most Super funds don’t provide trade confirmations like most brokers do).

I also track the cash balance in my super with the cash account function. Sync that against the buy and sell trades. And manually add the monthly fees and interest in the cash account.

Note on dividend: One thing to know is if you choose to track direct shares, you need to manually adjust the dividend payments. For a fully franked dividend, the imputation credit is only 15% in Super instead of 30%.

So this is low maintenance guide to track your superannuation in Sharesight. Hope this helps.

2

This is great.
Just wondering how people are adjusting their super balances for fees etc that are debited from their super balance?

3

Are there plans to add pricing for Australian Super too?

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4

+1 for proper support for super.

I’ve tried both the suggested methods (cash account + custom investment), and neither work that well for my purposes.

When I use a cash account, the super balance gets conflated with my actual cash accounts in aggregations.

When I use the custom investment, the super balance warps the portfolio return calculations.

I just want a way to track my super balance as a separate item.

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