Care Super Review

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Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Overseas Shares -6.55% 8.89% 7.79%
Median 2.2% 7.8% 7.8%
CareSuper Pers - Overseas Shares VS Median -8.75% 1.09% -0.01%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Overseas Shares 78 0.7% $428

Asset Allocation

RankAsset%
1 International Shares 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Sustainable Balanced 4.15% 7.65% 7.64%
Median 2% 6.6% 6.7%
CareSuper Pers - Sustainable Balanced VS Median 2.15% 1.05% 0.94%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Sustainable Balanced 78 0.97% $563

Asset Allocation

RankAsset%
1 Australian Shares 22%
2 International Shares 26%
3 Fixed Interest 6%
4 Alternative 31%
5 Property 10%
6 Cash 5%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Alternative Growth 3.34% 6.4% 6.54%
Median 2% 6.6% 6.7%
CareSuper Pers - Alternative Growth VS Median 1.34% -0.2% -0.16%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Alternative Growth 78 0.82% $488

Asset Allocation

RankAsset%
1 Australian Shares 20%
2 International Shares 25%
3 Alternative 42%
4 Property 12%
5 Cash 1%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Fixed Interest -4.73% -0.22% 1.17%
Median - - -
CareSuper Pers - Fixed Interest VS Median -4.73% -0.22% 1.17%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Fixed Interest 78 0.38% $268

Asset Allocation

RankAsset%
1 Fixed Interest 65%
2 Cash 35%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Australian Shares 7.26% 9.26% 9.45%
Median 2.2% 7.8% 7.8%
CareSuper Pers - Australian Shares VS Median 5.06% 1.46% 1.65%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Australian Shares 78 0.62% $388

Asset Allocation

RankAsset%
1 Australian Shares 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Conservative Balanced 0.96% 4.37% 4.72%
Median 1.1% 4.7% 5%
CareSuper Pers - Conservative Balanced VS Median -0.14% -0.33% -0.28%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Conservative Balanced 78 0.61% $383

Asset Allocation

RankAsset%
1 Australian Shares 17%
2 International Shares 20%
3 Fixed Interest 10%
4 Alternative 32%
5 Property 6%
6 Cash 15%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Growth 2.95% 8.05% 7.84%
Median 2.2% 7.8% 7.8%
CareSuper Pers - Growth VS Median 0.75% 0.25% 0.04%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Growth 78 1% $578

Asset Allocation

RankAsset%
1 Australian Shares 30%
2 International Shares 35%
3 Alternative 26%
4 Property 8%
5 Cash 1%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Balanced 3.06% 7.07% 7.08%
Median 2% 6.6% 6.7%
CareSuper Pers - Balanced VS Median 1.06% 0.47% 0.38%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Balanced 78 1% $578

Asset Allocation

RankAsset%
1 Australian Shares 22%
2 International Shares 26%
3 Fixed Interest 6%
4 Alternative 31%
5 Property 10%
6 Cash 5%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Direct Property 13.72% 7.14% 8.59%
Median 0.1% 2.9% 3.7%
CareSuper Pers - Direct Property VS Median 13.62% 4.24% 4.89%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Direct Property 78 0.79% $473

Asset Allocation

RankAsset%
1 Property 100%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Capital Guaranteed 0.35% 0.83% 1.2%
Median - - -
CareSuper Pers - Capital Guaranteed VS Median 0.35% 0.83% 1.2%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Capital Guaranteed 78 0.52% $338

Asset Allocation

RankAsset%
1 Fixed Interest 22%
2 Cash 78%

Returns to May 31 2022

Investment Option 1 Year 3 Year 5 Year
CareSuper Pers - Capital Stable 0.47% 3.21% 3.75%
Median 0.1% 2.9% 3.7%
CareSuper Pers - Capital Stable VS Median 0.37% 0.31% 0.05%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
CareSuper Pers - Capital Stable 78 0.56% $358

Asset Allocation

RankAsset%
1 Australian Shares 11%
2 International Shares 13%
3 Fixed Interest 16%
4 Alternative 31%
5 Property 6%
6 Cash 23%

Insurance Rating

0 /100
OmniLife

Care Super has received a 65/100 insurance rating by Omnilife. To compare insurers that can be funded through super please click below.

Fund Information

ABN:63 002 916 458

USI: CAR0100AU

Address: Locked Bag 20019 Melbourne VIC 3001

 

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About

Founded in 1986, Care Super is an Industry super fund with over 230,000 members and is focused on members working in professional, managerial, administration and service occupations .
Care Super has over 230,000 members with $16 Billion in assets under management.

Care Super Investment Options

Care Super has 7 ‘Managed options’ and 5 ‘Asset class options’.

Managed options: Balanced, Growth, Alternative Growth, Sustainable Balanced, Conservative Balanced, Capital Stable and Capital Guaranteed. 

Asset class options: Overseas Shares, Australian Shares, Direct Property, Fixed Interest and Cash.

Care Super Performance

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

Care Super Fees

CareSuper's fees for their CareSuper Pers - Overseas Shares investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Sustainable Balanced 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Sustainable Balanced investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

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

Care Super Fees

CareSuper's fees for their CareSuper Pers - Alternative Growth investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

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

Care Super Performance

CareSuper's CareSuper Pers - Australian Shares 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Australian Shares investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Conservative Balanced 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

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

Care Super Performance

CareSuper's CareSuper Pers - Growth 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Growth investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Balanced 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Balanced investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Direct Property 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Direct Property investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Capital Guaranteed 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Capital Guaranteed investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Care Super Performance

CareSuper's CareSuper Pers - Capital Stable 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 CareSuper Performance
See CareSuper vs Australian Super to see how CareSuper compares with one of Australia's biggest super funds.

Care Super Fees

CareSuper's fees for their CareSuper Pers - Capital Stable investment option above the median compared to other funds’ MySuper/Balanced options listed on Review My Super.

Insurance

Care Super offers death and TPD insurance cover to their members.

Members can apply for additional Insurance Cover, which can include Lump Sum Death Cover, Lump Sum Death and TPD cover and Income Protection cover.

Additional cover is available with the following limits for Personal Members:
Death – $10 million.
TPD – $3 million.
Income protection – up to $40,000 per month.
Insurance is provided by MetLife Insurance Limited. You can compare the wider market and have the premiums paid via your super. Compare insurers here.

Frequently Asked Questions

CareSuper’s CareSuper Pers – Balanced option has Out performed the median over 5 years.
Fees for this option are slightly above the median out of Balanced/MySuper funds listed on Review My Super.
Based on this evidence, it would be unreasonable to declare CareSuper 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.

Yes, it is an industry fund.

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Poor

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