Why your super balance changes every day
8 September 2023
Super goes up and down frequently, and that can be alarming if you don’t know why, or how to respond.
Your superannuation is invested in assets – from shares to bonds, to infrastructure to cash, and more – and the value of these assets is constantly changing.
Because your super balance is displayed on your smartMonday personal homepage, you can see your balance change day by day.
“And sometimes, seeing this change can be worrying. While investments do tend to rise over time, they can go up and down frequently, especially during periods of volatility, which we’ve experienced in the past few years and expect to continue,” explains smartMonday head smartCoach Matt Davey.