AustralianSuper Performance: Returns to September 30 2021
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Stable | 7.72% | 5.41% | 5.71% |
| Median | 7.40% | 4.60% | 4.70% |
| Stable VS Median | 0.32% | 0.81% | 1.01% |
| Balanced | 18.81% | 9.27% | 10.04% |
| Median | 17.70% | 8.00% | 8.60% |
| Balanced VS Median | 1.11% | 1.27% | 1.44% |
| - | - | - | - |
| Median | - | - | - |
| VS Median | - | - | - |
| High Growth | 22.09% | 10.35% | 11.18% |
| Median | 22.10% | 9.30% | 10.10% |
| High Growth VS Median | -0.01% | 1.05% | 1.08% |
AustralianSuper Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Stable | 117 | 0.62% | $427 |
| Balanced (MySuper) | 117 | 0.67% | $452 |
| AustralianSuper | - | - | - |
| High Growth | 117 | 0.64% | $437 |
Asset Allocation
| Rank | Asset | % |
|---|
| Rank | Asset | % |
|---|
| Rank | Asset | % |
|---|
Investment Rating
Morningstar
'Top 10.0%'
5/5
Insurance Rating
0
/100
OmniLife
Australian Super Fund Information
ABN: 65 714 394 898
USI: STA0100AU
Address: GPO Box 1901 Melbourne VIC 3001
About AustralianSuper
AustralianSuper was formed by the merger of ARF & STA in 2006, which were founded in 1981. It is an Industry super fund, although it does not cater to a specific industry.
AustralianSuper has maintained a long-term strategy to increase in scale, believing it will bring the benefits of economies of scale to their members. AustralianSuper is now the largest superannuation fund in Australia with 2.4 million members and $233 billion in assets under management.
AustralianSuper Investment Options
AustralianSuper has six pre-mixed investment options, Four DIY Mix investment options and Member direct options. See below.
Pre-Mixed:
High Growth, Balanced, Socially Aware, Indexed Diversified, Conservative Balanced and Stable.
DIY Mix:
Australian Shares, International Shares, Diversified Fixed Interest and Cash.
Member Direct:
Shares in the S&P/ASX 300 Index, Exchange Traded Funds (ETFs), Listed Investment Companies (LICs) and term deposits.
AustralianSuper Performance
AustralianSuper’s Balanced (default) investment option outperformed the median over 1, 3 and 5 years measured against Chant West’s median performance. It has performed second best over 5 years out of funds listed on Review My Super.
AustralianSuper’s High Growth investment option outperformed the median over 1, 3 and 5 years, measured against Chant West’s median performance.
AustralianSuper’s Conservative investment option outperformed the median over 1, 3 and 5 years, measured against Chant Wests median performance.
AustralianSuper Fees
AustralianSuper’s fees are below average compared to other funds listed on Review My Super. There is no industry benchmark for fees to compare against.
AustralianSuper Insurance
AustralianSuper automatically provides most of its members with basic Death, Total & Permanent Disablement (TPD) and Income Protection cover. This cover starts at age 25 for balances above $6,000.
Basic cover is age-based and designed to provide a minimum amount of cover through different life stages. The cost depends on your age and work rating.
Death – The default cover is aged based. You’re able to apply for a different amount to the default cover. There is no limit on the amount of cover you can have.
TPD – The default cover is aged based. You’re able to apply for a different amount to the default cover. The maximum amount of cover you can have is $3 million.
Income protection – The default waiting period is 60 days and the benefit period is 2 years. The cover amount and cost varies depending on your age.
You can change the waiting period, benefit period and cover amount. The maximum amount of cover is the lesser of $30,000 per month or 85% of your salary.
AustralianSuper insurance is provided by TAL Life Limited.
You can compare the wider market and have the premiums paid via your super. Compare insurers here.
AustralianSuper Financial Advice
AustralianSuper offers financial advice in two main forms – simple and comprehensive.
Simple – For advice on your super account such as: making an investment choice, adding extra to your super, personal insurance and retirement income options. This is done over the phone and is generally free of charge.
Comprehensive – For broader advice, where a Statement of Advice is needed. The first meeting is complimentary, however, there will be a cost for any written advice. The cost varies depending on the nature and complexity of the advice.
A benefit of seeking advice through Australian Super is it is free for simple advice and the advisers will be very familiar with Australian Super and all its options.
A downside is they will not likely recommend funds other than Australian Super, even if there are more suitable options.
To speak with an advisor that can consider all available funds and insurers in the market, please fill out the ‘Speak To An Advisor’ form on this page.
Frequently Asked Questions
AustralianSuper’s My Super option has out performed the median over 1, 3 and 5 years.
It is ranked 3rd by performance over the past 12 months out of the 45 funds listed on Review My Super.
The conservative and high growth options have also out performed the median over 1, 3 and 5 years.
Fees are below the median for these three options.
Based on this evidence, it would be reasonable to declare Australian Super a good super fund.
Yes, AustralianSuper is an APRA fund.
No, AustralianSuper is not a self-managed super fund. It is regulated by APRA.
Yes, AustralianSuper is an industry fund.
AustralianSuper is a not-for-profit fund with an industry membership base.
Yes, anyone can join AustralianSuper.
The USI for AustralianSuper is STA0100AU.
The ABN for Australian Super is 65 714 394 898.
Totally incompetent organization. Pathetic back office.