Returns to May 31 2022
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Future Super - Balanced Impact | -1.36% | 4.82% | 5.97% |
| Median | 2% | 6.6% | 6.7% |
| Future Super - Balanced Impact VS Median | -3.36% | -1.78% | -0.73% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Future Super - Balanced Impact | 60 | 1.49% | $805 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 29% | |
| 2 | International Shares | 29% | |
| 3 | Fixed Interest | 25% | |
| 4 | Alternative | 12% | |
| 5 | Cash | 5% |
Returns to May 31 2022
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Future Super - Renewables Plus Growth | -1.9% | 5.11% | - |
| Median | 2% | 6.6% | - |
| Future Super - Renewables Plus Growth VS Median | -3.9% | -1.49% | - |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Future Super - Renewables Plus Growth | 60 | 1.49% | $805 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31.5% | |
| 2 | International Shares | 31.5% | |
| 3 | Fixed Interest | 15% | |
| 4 | Alternative | 17% | |
| 5 | Cash | 5% |
Insurance Rating
Insurance is available through Future Super. However, it is not rated by Omnilife. To compare all available options for insurance through your super fund please click below.
Fund Information
ABN: 45 960 194 277
USI: 45 960 194 277 010
Address: GPO Box 1858, Sydney, NSW 2001
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About
Founded in 2014, this fund is a retail super fund specialising in ethical investment choices.
As of 30 June 2020 it had 22,000 members and $690M of funds under management.
Future Super Investment Options
Future Super offers 3 Pre-mixed investment options:
Balanced Index, Balanced Impact and Renewables Plus Growth.
As an ethical fund, Future Super’s investment options follow an investment strategy that focuses on the following principles:
Divestment – Such as divesting funds from fossil fuel companies and companies that support them like financiers.
Reinvestment – Reinvests those funds into other companies as well as a small portion to ‘Impact investments such as debt funds that are financing ethical projects.
Voting + Engagement – E.g., Use their votes at company AGMs to support climate friendly policies.
Future Super Performance
Future Super's Future Super - Balanced Impact 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 Future Super Performance See Future Super vs Australian Super to see how Future Super compares with one of Australia's biggest super funds.
Future Super Fees
Future Super's fees for their Future Super - Balanced Impact investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.
Future Super Performance
Future Super's Future Super - Renewables Plus Growth 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 Future Super Performance See Future Super vs Australian Super to see how Future Super compares with one of Australia's biggest super funds.
Future Super Fees
Future Super's fees for their Future Super - Renewables Plus Growth investment option below the median compared to other funds’ MySuper/Balanced options listed on Review My Super.
Future Super Performance
Future Super’s Balanced Impact investment option has Outperformed the median over 1, 3 and 5 years, measured against Chant West’s median performance.
Future Super’s Renewables Plus Growth investment option has under performed over 1 and 3 years compared to Chant West’s median performance. There isn’t data available for 5 years.
Future Super Fees
Future Super fees are above the median of funds of a similar risk profile listed on Review My Super.
There is no industry benchmark for fees to compare against.
Insurance
This fund offers Death, TPD and Income protection.
A certain amount of Death and TPD is provided by default if you opt-in. The amount of cover varies depending on your age.
You can also apply for voluntary cover. The maximum sum insured for TPD is $3 million.
The maximum sum insured for income protection is 75% of your Pre-Disability Income, capped at a maximum Monthly Benefit of $20,000.
Insurance is provided by AIA Australia Limited. You can compare the wider market and have the premiums paid via your super. Compare insurers here.
Frequently Asked Questions
Future Super’s Future Super – Balanced Impact 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 Future 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.
Yes, it is is an APRA fund.
No, It’s a retail fund.
Terrible Customer service, they don’t return calls, have a 3 day turnaround for email queries and aren’t open during full office hours. Amateur approach to running a business.
I like that they do not automatically start taking out money for insurance (something that many people, especially young people do not realise is happening with other funds)
The online info could be clearer but they are continually trying to improve this
Transparent with what they invest in, and fantastic returns
Good.