Investment

 

NEST funds are invested in accordance with the Trustees guidelines. These guidelines are embedded within the NEST Trust Deed. Investment income is regularly distributed to participating employers and can be either paid in cash or used to fund future contributions. Investment income is calculated daily on each participating employers account balance.

 The main objective of NEST is to secure employee entitlements. The principle objective is security. The Trustee has established strict investment guidelines These guidelines state that all investments of NEST must have an independent credit rating by a recognised rating agency of ‘A’ or better.

NEST funds are currently invested in fixed interest with St George Bank . This has a Standard & Poor's rating of AA.