Returns to June 30 2021

Investment Option 1 Year 3 Year 5 Year
Conservative Plan 8.33% 4.81% 5.02%
Median 7.90% 4.60% 4.80%
Conservative Plan VS Median 0.43% 0.21% 0.22%
My GESB Super Plan 17.08% 7.35% 7.78%
Median 17.60% 8.00% 8.80%
My GESB Super Plan VS Median -0.52% -0.65% -1.02%
Growth Plan 20.51% 8.08% 8.8%
Median 18.00% 7.90% 8.80%
Growth Plan VS Median 2.51% 0.18% 0.00%

Fees

Investment Option Flat Fee Percentage Based Fee Fee Based on 50k
Conservative Plan 66 0.49% $311
My GESB Super Plan 66 0.69% $411
Growth Plan 66 0.74% $436

Insurance Rating

0 /100
OmniLife

Fund Information

ABN: 82 144 194 929

USI: 82144194929050

Address: PO Box J 755 Perth WA 6842

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Review My Super can review every Super Fund in Australia and can help you understand what YOUR money is doing for YOU

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About GESB Super

Founded over 30 years ago, GESB Super is a super fund and linked primarily to employees of the Government of Western Australia.
As of 31 March 2021 GESB Super has over 240,000 members with $33 Billion in assets under management.
GESB Super’s GESB Super Plan investment option performance over 5 years was below the median fund and the fees are below the median for funds on Review My Super for a balanced/MySuper risk profile.
GESB Super offers life, TPD and income protection insurance. You can see their overall insurance rating to the left.

When Reviewing Super funds it’s a good idea to learn more about choosing a super fund. Consider the following:

Firstly, are you invested in the right risk profile? This is essentially the amount of risk you’re willing to take to achieve your desired investment return. High Growth investments will achieve the highest returns over the long run, and also carry the highest risk of loss in any one year. 

Secondly, what to do about the insurance in your super? Most funds will come with a default amount of insurance cover for instance. For some people this will be very insufficient and for others it will be too much, for example. Therefore, tailoring your cover to your own circumstances is key.

Thirdly, what are the different ways you can contribute to super? Understanding contributions like salary sacrifice and the government co-contribution can help you make the most of your super.

Fourthly, and most importantly, make sure you review GESB Super against other super funds under the ‘Fund Profiles’ tab and check out the top super funds, to see who the leaders are.

In addition, If you would like to speak to someone for some guidance when reviewing your super, then please fill in the ‘Speak To An Advisor’ form above and an advisor will be in touch to see how they can assist you.

In conclusion, understanding the key elements of super, conducting the appropriate research and seeking the best advice will help with choosing the best fund.

Frequently Asked Questions

Is GESB Super an Industry Fund?

No, GESB Super is a public sector fund

Who Owns GESB Super?

GESB Super is a not-for-profit fund with a public membership base

Can Anyone Join GESB Super?

You need to be a government employee to join GESB Super

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