ANZ Smart Choice Super Review

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Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Growth -0.96% 4.63% 5.37%
Median 2% 6.6% 6.7%
ANZ Smart Choice Super - Growth VS Median -2.96% -1.97% -1.33%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Growth 60 0.72% $420

Asset Allocation

RankAsset%
1 Australian Shares 26%
2 International Shares 34%
3 Fixed Interest 26.5%
4 Property 10%
5 Cash 3.5%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Global Property -1.16% 1.58% 3.45%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - Global Property VS Median -3.36% -6.22% -4.35%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Global Property 60 0.79% $455

Asset Allocation

RankAsset%
1 Property 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1990's 1.48% 6.9% 7.18%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - 1990's VS Median -0.72% -0.9% -0.62%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1990's 60 0.88% $500

Asset Allocation

RankAsset%
1 Australian Shares 31%
2 International Shares 44%
3 Fixed Interest 4%
4 Alternative 10%
5 Property 10%
6 Cash 1%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1980's 1.43% 6.79% 7.07%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - 1980's VS Median -0.77% -1.01% -0.73%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1980's 60 0.89% $505

Asset Allocation

RankAsset%
1 Australian Shares 31%
2 International Shares 44%
3 Fixed Interest 4%
4 Alternative 10%
5 Property 10%
6 Cash 1%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1950's 0.08% 3.54% 4.28%
Median 1.1% 4.7% 5%
ANZ Smart Choice Super - 1950's VS Median -1.02% -1.16% -0.72%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1950's 60 0.78% $450

Asset Allocation

RankAsset%
1 Australian Shares 21%
2 International Shares 26%
3 Fixed Interest 22%
4 Alternative 10%
5 Property 8%
6 Cash 13%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1960's 0.94% 5.33% 5.72%
Median 2% 6.6% 6.7%
ANZ Smart Choice Super - 1960's VS Median -1.06% -1.27% -0.98%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1960's 60 0.79% $455

Asset Allocation

RankAsset%
1 Australian Shares 29%
2 International Shares 37%
3 Fixed Interest 8%
4 Alternative 10%
5 Property 6.5%
6 Cash 9.5%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - International Equities (Unhedged) 2.52% 10.21% 9.5%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - International Equities (Unhedged) VS Median 0.32% 2.41% 1.7%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - International Equities (Unhedged) 60 0.72% $420

Asset Allocation

RankAsset%
1 International Shares 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Conservative -2.46% 1.42% 2.57%
Median 0.1% 2.9% 3.7%
ANZ Smart Choice Super - Conservative VS Median -2.56% -1.48% -1.13%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Conservative 60 0.72% $420

Asset Allocation

RankAsset%
1 Australian Shares 10%
2 International Shares 15%
3 Fixed Interest 50%
4 Property 5%
5 Cash 20%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1940's -0.2% 2.72% 3.64%
Median 0.1% 2.9% 3.7%
ANZ Smart Choice Super - 1940's VS Median -0.3% -0.18% -0.06%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1940's 60 0.78% $450

Asset Allocation

RankAsset%
1 Australian Shares 14%
2 International Shares 18%
3 Fixed Interest 32%
4 Alternative 10%
5 Property 8%
6 Cash 18%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 2000's 1.55% 6.8% 7.03%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - 2000's VS Median -0.65% -1% -0.77%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 2000's 60 0.88% $500

Asset Allocation

RankAsset%
1 Australian Shares 31%
2 International Shares 44%
3 Fixed Interest 4%
4 Alternative 10%
5 Property 10%
6 Cash 1%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - 1970's 0.95% 6.22% 6.58%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - 1970's VS Median -1.25% -1.58% -1.22%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - 1970's 60 0.9% $510

Asset Allocation

RankAsset%
1 Australian Shares 29%
2 International Shares 40%
3 Fixed Interest 9%
4 Alternative 10%
5 Property 10%
6 Cash 2%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Moderate -1.89% 2.78% 3.88%
Median 1.1% 4.7% 5%
ANZ Smart Choice Super - Moderate VS Median -2.99% -1.92% -1.12%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Moderate 60 0.72% $420

Asset Allocation

RankAsset%
1 Australian Shares 18%
2 International Shares 22%
3 Fixed Interest 41%
4 Property 10%
5 Cash 9%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Global Fixed Interest -7.49% -1.14% 0.41%
Median - - -
ANZ Smart Choice Super - Global Fixed Interest VS Median -7.49% -1.14% 0.41%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Global Fixed Interest 60 0.8% $460

Asset Allocation

RankAsset%
1 Fixed Interest 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
ANZ Smart Choice Super - Australian Equities 5.03% 7.74% 8.68%
Median 2.2% 7.8% 7.8%
ANZ Smart Choice Super - Australian Equities VS Median 2.83% -0.06% 0.88%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
ANZ Smart Choice Super - Australian Equities 60 0.72% $420

Asset Allocation

RankAsset%
1 Australian Shares 100%

Investment Rating

Morningstar

'Middle 35.0%'
3/5

Insurance Rating

/100
OmniLife

ANZ Smart Choice Super has received a 58/100 insurance rating by Omnilife. To compare insurers that can be funded through super please click below.

Fund Information

ABN: 61 808 189 263

USI: MMF2076AU

Address: GPO Box 5107 Sydney NSW 2001

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About

This was the Superannuation product of 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.
According to Chant West they have 420,000 customers with $16.8 billion in funds under management.

ANZ Smart Choice Super Investment Options

This fund offers ‘Lifestage’ investment options, which are mixed investment options that tilt more toward defensive or growth depending on your DOB. They gradually becomes more defensive the closer you get to retirement.
They also offer 3 ‘Multi-asset class options’ and 7 ‘Single asset class options’
Multi-asset class:
Conservative, Moderate and Growth.
Single asset class:
Cash, Australian fixed interest, Global fixed interest, Global property, Australian equities, international equities hedged and International equities unhedged.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Growth investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Growth investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Global Property investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Global Property investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1990's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1990's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1980's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1980's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1950's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1950's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1960's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1960's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - International Equities (Unhedged) investment option outperformed the median over 1 year, outperformed over 3 years and outperformed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - International Equities (Unhedged) investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Conservative investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Conservative investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1940's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1940's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 2000's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 2000's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - 1970's investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - 1970's investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Moderate investment option under performed the median over 1 year, under performed over 3 years and under performed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Moderate investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Global Fixed Interest investment option under performed the median over 1 year, under performed over 3 years and outperformed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Global Fixed Interest investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

ANZ Smart Choice Super Performance

ANZ Smart Choice Super's ANZ Smart Choice Super - Australian Equities investment option outperformed the median over 1 year, under performed over 3 years and outperformed over 5 years. Check out our more in depth analysis of ANZ Smart Choice Super Performance
See ANZ Smart Choice Super vs Australian Super to see how ANZ Smart Choice Super compares with one of Australia's biggest super funds.

ANZ Smart Choice Super Fees

ANZ Smart Choice Super's fees for their ANZ Smart Choice Super - Australian Equities investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Insurance

This fund offers 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. You can compare the wider market and have the premiums paid via your super. Compare insurers here.

Frequently Asked Questions

ANZ Smart Choice Super’s ANZ Smart Choice Super – Moderate option has Under performed the median over 5 years.
Fees for this option are slightly below the median out of Balanced/MySuper funds listed on Review My Super.
Based on this evidence, it would be reasonable to declare ANZ Smart Choice Super a good super fund. However, there are many factors which determine whether a super fund is good or bad and it can differ depending on personal requirements. We recommend you speak to a qualified adviser in order to work out which is the best super fund for you.

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Anonymous
Anonymous
5 months ago
How would you rate :
     

Rubbish

Anonymous
Anonymous
1 month ago

Not much info provided.
Seems to charge high fees than it declared.

Anonymous
Anonymous
1 month ago
How would you rate :
     

Very good

Anonymous
Anonymous
13 days ago
How would you rate :
     

I’m 59 and my super balance has gone down by $10,000. I’m not happy.

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5 1 Review
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4 Reviews
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Anonymous
Anonymous
5 months ago
How would you rate :
     

Rubbish

Anonymous
Anonymous
1 month ago

Not much info provided.
Seems to charge high fees than it declared.

Anonymous
Anonymous
1 month ago
How would you rate :
     

Very good

Anonymous
Anonymous
13 days ago
How would you rate :
     

I’m 59 and my super balance has gone down by $10,000. I’m not happy.