CareSuper Review
Founded in 1986, Care Super is an Industry super fund, as of March 31st 2026, they had approximately 600,090 members with $59.98 billion in assets under management. It is focused on members working in professional, managerial, administration and service occupations.
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.
Past performance is not a reliable indicator of future performance.
CareSuper Performance
CareSuper’s Balanced investment option under performed the median over 1 year, 3 and 5 years.
Check out our more in depth analysis of CareSuper Performance.
See CareSuper vs Australian Super to see how CareSuper 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.
CareSuper Fees
CareSuper’s fees for their various investment options are neither particularly high or low compared to other similar 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.
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Capital Stable | 4.75% | 6.05% | 4.26% |
| Median | 4.8% | 6.1% | 4% |
| CareSuper - Capital Stable VS Median | -0.05% | -0.05% | 0.26% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Capital Stable | 67.6 | 0.63% | $382.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 10% | |
| 2 | International Shares | 12% | |
| 3 | Fixed Interest | 21% | |
| 4 | Alternative | 25% | |
| 5 | Property | 5% | |
| 6 | Cash | 27% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Australian Shares | 4.56% | 9.68% | 7.84% |
| Median | 8.8% | 11.1% | 7.5% |
| CareSuper - Australian Shares VS Median | -4.24% | -1.42% | 0.34% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Australian Shares | 67.6 | 0.69% | $412.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 100% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Balanced | 6.26% | 7.97% | 6.05% |
| Median | 7.7% | 9.6% | 6.5% |
| CareSuper - Balanced VS Median | -1.44% | -1.63% | -0.45% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Balanced | 67.6 | 0.8% | $467.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 23% | |
| 2 | International Shares | 27% | |
| 3 | Fixed Interest | 8% | |
| 4 | Alternative | 30% | |
| 5 | Property | 7% | |
| 6 | Cash | 5% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Cash | 4.02% | 4.03% | 3.11% |
| Median | - | - | - |
| CareSuper - Cash VS Median | 4.02% | 4.03% | 3.11% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Cash | 67.6 | 0.27% | $202.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Fixed Interest | 1.35% | 3.16% | 0.8% |
| Median | - | - | - |
| CareSuper - Fixed Interest VS Median | 1.35% | 3.16% | 0.8% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Fixed Interest | 67.6 | 0.47% | $302.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 95% | |
| 2 | Cash | 5% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Growth | 7.07% | 9.21% | 6.91% |
| Median | 8.8% | 11.1% | 7.5% |
| CareSuper - Growth VS Median | -1.73% | -1.89% | -0.59% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Growth | 67.6 | 0.83% | $482.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 32% | |
| 2 | International Shares | 36% | |
| 3 | Alternative | 24% | |
| 4 | Property | 5% | |
| 5 | Cash | 3% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Sustainable Balanced | 6.26% | 8.07% | 5.99% |
| Median | 7.7% | 9.6% | 6.5% |
| CareSuper - Sustainable Balanced VS Median | -1.44% | -1.53% | -0.51% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Sustainable Balanced | 67.6 | 0.78% | $457.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 23% | |
| 2 | International Shares | 27% | |
| 3 | Fixed Interest | 8% | |
| 4 | Alternative | 30% | |
| 5 | Property | 7% | |
| 6 | Cash | 5% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Overseas Shares | 9.76% | 13.03% | 7.83% |
| Median | 8.8% | 11.1% | 7.5% |
| CareSuper - Overseas Shares VS Median | 0.96% | 1.93% | 0.33% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Overseas Shares | 67.6 | 0.64% | $387.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 100% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Conservative Balanced | 5.46% | 7% | 5.13% |
| Median | 6.4% | 7.9% | 5.3% |
| CareSuper - Conservative Balanced VS Median | -0.94% | -0.9% | -0.17% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Conservative Balanced | 67.6 | 0.68% | $407.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 17% | |
| 2 | International Shares | 20% | |
| 3 | Fixed Interest | 14% | |
| 4 | Alternative | 28% | |
| 5 | Property | 5% | |
| 6 | Cash | 16% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Alternative Growth | 6.57% | 7.92% | 6.27% |
| Median | 7.7% | 9.6% | 6.5% |
| CareSuper - Alternative Growth VS Median | -1.13% | -1.68% | -0.23% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Alternative Growth | 67.6 | 0.83% | $482.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 20% | |
| 2 | International Shares | 24% | |
| 3 | Fixed Interest | 2% | |
| 4 | Alternative | 40% | |
| 5 | Property | 9% | |
| 6 | Cash | 5% |
Returns to August 31 2026
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| CareSuper - Property | 5.89% | 0.22% | 2.15% |
| Median | 6.4% | 7.9% | 5.3% |
| CareSuper - Property VS Median | -0.51% | -7.68% | -3.15% |
Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| CareSuper - Property | 67.6 | 0.88% | $507.6 |
Asset Allocation
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Property | 100% |
Performance data: Lonsec. Median benchmarks: Chant West. Data is updated monthly; the reporting period is shown in the tables. Investment options are compared with the Chant West median for their risk profile.
CareSuper Insurance
Members are offered 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.
Fund details
See the CareSuper ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
FAQ's
We use investment performance data supplied by Lonsec and median benchmarks supplied by Chant West, both updated monthly.
Each investment option is assigned to a Chant West risk profile based on its proportion of growth assets. We then compare its return with the median benchmark for that risk profile over the same reporting period.
The difference shown in the table is the investment option’s return minus the median return.
Grouping options by growth asset allocation helps make comparisons more accurate, although options within the same profile can still have different investments and risks. Past performance is not a reliable indicator of future performance.
Member ratings and investment returns measure different things.
Member ratings reflect the experiences and opinions of people who submit reviews. These may relate to customer service, fees, insurance, administration or their satisfaction with investment performance.
Our performance tables compare an investment option’s reported returns with the relevant benchmark over specified periods. A fund can therefore deliver above median returns while receiving poor reviews for service or insurance or receive positive reviews despite below median returns.
Submitted reviews may not represent the experience of all members. Consider them alongside performance data, fees, insurance features and the fund’s official documents.
Care Super Reviews
1.0 out of 5 stars from 2 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
Poor
Might be ok when you are giving them money, but when it comes time for them to pay it’s take’s them forever 3 months and still waiting to receive our mothers super named as a beneficiary and in executor of her will seems like care super don’t care at all when people are really in need with financial demands of funeral care just have to follow the process and don’t communicate I would suggest anyone that deal with care pull your super out before you become unwell so your family don’t have to go though this.
Been with them for 30yrs and I’ve been happy with the returns, however I’ve recently discovered when I needed to contact them (for the first time), they don’t “Care” at all, no response in fact. Care recently merged with another fund (Nov24), online access was unavailable for a few weeks during this period merge period which was fine. After the merge was completed I was informed what value had been moved to the new fund, it was exactly the same amount from 1 month earlier. EXACTLY the same amount, no profit added, no fees deducted but exactly the same amount. 30days of activity had completely “disappeared”. I went to investigate and look at my transactional history only to discover that transactions from 01Jul24 > October were simply not available. I wrote to them to inquire where I can see these transactions/for them to justify the merge balance. No response. After 3 weeks I wrote to them again, crickets. You’ve been warned and I’m looking for a new fund now.
I have found Care super service excellent. Returns have been good, and I am happy. They are very transparent in what they do. Requests for withdrawals have been paid in 24 hours.
I have a few super funds and CARE super has performed the worst out of the lot. Low returns on investments, high fees and poor insurance coverage (you pay more for insurance but are covered for less amounts that other funds). Not impressed with them at all.