ANZ Smart Choice Super is the Superannuation fund offered by ANZ bank. It is managed by OnePath Custodians, a former subsidiary of ANZ, now owned by IOOF.
This fund is promoted as a simple, low-cost Super option, targeted at ANZ customers, although anyone can join.
As of September 30th 2024 they had approximately 327,500 members with $24.5 billion in assets under management across their super and pension funds.
Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
ANZ Smart Choice Super’s Growth, Moderate and Conservative investment options have all outperformed the median option of the respective risk profiles over 1 year but underperformed over 5 years.
For an in depth analysis of performance see ANZ Smart Choice Super performance, for a comparison against AustralianSuper see ANZ Smart Choice Super vs AustralianSuper and for a comparison against all funds see compare super funds.
Select an investment option from the menu below to see performance Vs the relevant median.
Past performance is not a reliable indicator of future performance.
Fees for the Growth, Moderate and Conservative investment options are all below the median option of their respective risk profiles.
Select an investment option from the menu below to see flat fees, percentage based fees and total fees on a balance of $50,000.
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1940's | 6.63% | 8.28% | 5.31% |
| Median | 6.2% | 6.5% | 4.3% |
| ANZ Smart Choice Super - 1940's VS Median | 0.43% | 1.78% | 1.01% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1940's | 60 | 0.95% | $535 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 14% | |
| 2 | International Shares | 18% | |
| 3 | Fixed Interest | 32% | |
| 4 | Alternative | 20.5% | |
| 5 | Property | 2% | |
| 6 | Cash | 13.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1990's | 10.63% | 12.15% | 8.76% |
| Median | 10.4% | 12.1% | 9.1% |
| ANZ Smart Choice Super - 1990's VS Median | 0.23% | 0.05% | -0.34% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1990's | 60 | 1.02% | $570 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31% | |
| 2 | International Shares | 39.5% | |
| 3 | Fixed Interest | 3% | |
| 4 | Alternative | 18.5% | |
| 5 | Property | 3.5% | |
| 6 | Cash | 4.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1970's | 10.32% | 11.74% | 8.24% |
| Median | 10.4% | 12.1% | 9.1% |
| ANZ Smart Choice Super - 1970's VS Median | -0.08% | -0.36% | -0.86% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1970's | 60 | 1.03% | $575 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 29% | |
| 2 | International Shares | 37% | |
| 3 | Fixed Interest | 7% | |
| 4 | Alternative | 19% | |
| 5 | Property | 3% | |
| 6 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 2000's | 10.53% | 12.07% | 8.72% |
| Median | 10.4% | 12.1% | 9.1% |
| ANZ Smart Choice Super - 2000's VS Median | 0.13% | -0.03% | -0.38% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 2000's | 60 | 1.01% | $565 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31% | |
| 2 | International Shares | 39.5% | |
| 3 | Fixed Interest | 3% | |
| 4 | Alternative | 18.5% | |
| 5 | Property | 3.5% | |
| 6 | Cash | 4.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1960's | 10.09% | 11.59% | 8.08% |
| Median | 9.3% | 10.3% | 7.7% |
| ANZ Smart Choice Super - 1960's VS Median | 0.79% | 1.29% | 0.38% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1960's | 60 | 0.96% | $540 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 29% | |
| 2 | International Shares | 33% | |
| 3 | Fixed Interest | 8% | |
| 4 | Alternative | 20.5% | |
| 5 | Property | 2% | |
| 6 | Cash | 7.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1950's | 8.35% | 9.82% | 6.43% |
| Median | 7.8% | 8.3% | 6.1% |
| ANZ Smart Choice Super - 1950's VS Median | 0.55% | 1.52% | 0.33% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1950's | 60 | 0.94% | $530 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 21% | |
| 2 | International Shares | 26% | |
| 3 | Fixed Interest | 20% | |
| 4 | Alternative | 21.5% | |
| 5 | Property | 3% | |
| 6 | Cash | 8.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| ANZ Smart Choice Super - 1980's | 10.7% | 12.22% | 8.76% |
| Median | 10.4% | 12.1% | 9.1% |
| ANZ Smart Choice Super - 1980's VS Median | 0.3% | 0.12% | -0.34% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| ANZ Smart Choice Super - 1980's | 60 | 1.02% | $570 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31% | |
| 2 | International Shares | 39.5% | |
| 3 | Fixed Interest | 3% | |
| 4 | Alternative | 18.5% | |
| 5 | Property | 3.5% | |
| 6 | Cash | 4.5% |
Members are offered life, TPD and income protection Insurance to their members.
Automatically applied cover amounts are based on your age, gender, and smoker status.
You can apply for greater amounts of cover, which will be subject to underwriting.
Insurance is provided by OnePath Life Limited.
See the ANZ Smart Choice Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
While their main investment options have underperformed the median of other investments within the same risk categories over 5 years, they have outperformed over the past 1 year.
Fees are lower than the median of other options of the same risk category.
Based on this evidence, it depends on which investment option you’re in, how long you’ve been in it and whether it’s suited to your risk tolerance as to whether it’s been a good superfund.
There are many factors which determine whether a super fund is good or bad and it can differ depending on personal requirements. It’s best to seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an APRA fund.
ANZ Smart Choice Super Reviews: 2.4 out of 5 stars from 12 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
