Prime Super is a not for profit super fund focused on regional and rural Australia. It is a multi industry fund specialising in the recruitment, health and aged care, and education industries. Membership is open to anyone. As of September 30th 2024, they had approximately 146,540 members with $7.52 billion in assets under management.
Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Prime Super’s main investment options have had generally favourable although somewhat mixed performance against the median of their relevant risk categories.
Check out our more in depth analysis of Prime Super Performance
See Prime Super vs Australian Super to see how it compares with Australia’s biggest super fund and for a comparison against all funds see compare super funds.
Select an investment option from the menu below to see performance Vs the relevant median.
Past performance is not a reliable indicator of future performance.
Prime Super’s fees for their MySuper investment option are above the median compared to other funds MySuper/Balanced options listed on Review My Super.
Select an investment option from the menu below to see flat fees, percentage based fees and total fees on a balance of $50,000.
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Prime Super - Managed Growth | 13.81% | 13.01% | 10.77% |
| Median | 12.8% | 12.2% | 10.8% |
| Prime Super - Managed Growth VS Median | 1.01% | 0.81% | -0.03% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Prime Super - Managed Growth | 78 | 0.79% | $473 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 30.5% | |
| 2 | International Shares | 37.5% | |
| 3 | Fixed Interest | 4.5% | |
| 4 | Alternative | 19% | |
| 5 | Property | 6.5% | |
| 6 | Cash | 2% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Prime Super - Alternatives | 8.59% | 7.03% | 6.52% |
| Median | 9.9% | 8.5% | 7% |
| Prime Super - Alternatives VS Median | -1.31% | -1.47% | -0.48% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Prime Super - Alternatives | 78 | 0.98% | $568 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 25% | |
| 2 | Alternative | 50% | |
| 3 | Property | 25% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Prime Super - Conservative | 7.67% | 5.89% | 4.73% |
| Median | 7.7% | 6.6% | 4.8% |
| Prime Super - Conservative VS Median | -0.03% | -0.71% | -0.07% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Prime Super - Conservative | 78 | 0.64% | $398 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 10% | |
| 2 | International Shares | 12% | |
| 3 | Fixed Interest | 40% | |
| 4 | Alternative | 12% | |
| 5 | Property | 5% | |
| 6 | Cash | 21% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Prime Super - Income Focused | 9.94% | 8.54% | 7.41% |
| Median | 9.9% | 8.5% | 7% |
| Prime Super - Income Focused VS Median | 0.04% | 0.04% | 0.41% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Prime Super - Income Focused | 78 | 0.92% | $538 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 35% | |
| 2 | International Shares | 7% | |
| 3 | Fixed Interest | 45% | |
| 4 | Property | 7.5% | |
| 5 | Cash | 5.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Prime Super - MySuper | 11.22% | 10.32% | 8.51% |
| Median | 11.5% | 10.6% | 8.9% |
| Prime Super - MySuper VS Median | -0.28% | -0.28% | -0.39% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Prime Super - MySuper | 78 | 0.74% | $448 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 23% | |
| 2 | International Shares | 26.5% | |
| 3 | Fixed Interest | 18.5% | |
| 4 | Alternative | 18.5% | |
| 5 | Property | 7% | |
| 6 | Cash | 6.5% |
Life, TPD and Income Protection insurance cover is available.
Four units of life & TPD cover are automatically provided if eligibility criteria are met. You can also apply for an additional amount to the default cover.
Additional cover is available with the following limits:
Death & TPD – The exact limits of Death and TPD cover depend on the member’s occupation category, but coverage typically can go up to $5 million for TPD and higher for death.
Income Protection – Up to 75% of the members salary caped at $30,000 per month.
Insurance is provided by TAL Life Limited.
See the Prime Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
Prime Super’s main investment options have had generally favourable although somewhat mixed performance against the median of their relevant risk categories.
Fees fare higher than other similar funds listed on Review My Super.
Based on this evidence, it depends on which investment option you’re in and what your risk tolerance is as to whether it’s been or likely to be 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. It’s best to get advice from a qualified adviser in order to work out which is the best super fund for you.
