Future Super Performance: Returns to September 30 2021
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| - | - | - | - |
| Median | - | - | - |
| VS Median | - | - | - |
| Balanced Impact | 13.09% | 8.10% | 7.29% |
| Median | 12.80% | 6.30% | 6.60% |
| Balanced Impact VS Median | 0.29% | 1.80% | 0.69% |
| Renewables Plus Growth | 14.64% | 9.12% | - |
| Median | 17.80% | 7.90% | - |
| Renewables Plus Growth VS Median | -3.16% | 1.22% | - |
| - | - | - | - |
| Median | - | - | - |
| VS Median | - | - | - |
Future Super Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Future Super | - | - | - |
| Balanced Index | 60 | 1.50% | $810.05 |
| Renewables Plus Growth | 60 | 1.50% | $810.05 |
| Future Super | - | - | - |
Asset Allocation
| Rank | Asset | % |
|---|
| Rank | Asset | % |
|---|
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.
Future Super Fund Information
ABN: 45 960 194 277
USI: 45 960 194 277 010
Address: GPO Box 1858, Sydney, NSW 2001
About Future Super
Founded in 2014, Future Super is a retail super fund specialising in ethical investment choices.
As of 30 June 2020, Future Super had 22,000 members and $690M of funds under management.
As of 30 June 2020, Future Super 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 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.
Future Super Insurance
Future Super offer 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.
Future Super Financial Advice
Future Super do not offer in house Financial Advice.
To speak with an advisor that can advise on your Future Super account and all available funds and insurers in the market, please fill out the ‘Speak To An Advisor’ form on this page.
Frequently Asked Questions
Future Super’s balanced option has out performed the median over 3 and 5 years, their growth option has had mixed performance and there is no conservative option. They have had mixed performance compared with other Ethical funds over 1, 3 and 5 years. Their fees are above average for My Super options. Based on this evidence, it would be reasonable to say some aspects of the fund are good but overall it would be difficult to declare it a good super fund.
Future Super is owned by Future Super Investment Services Pty Ltd, a privately owned company.
Yes, Future Super is an APRA fund.
No, Future Super is not a self-managed super fund. It is regulated by APRA.
No, Future Super is a retail fund.
Yes, anyone can join Future Super.
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