Founded in 1989, Legalsuper is an Industry super fund linked to the legal profession.
As at September 30th 2024 they had approximately 44,640 members and $6.18 billion in assets under management across both super and pension products.
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.
Performance across the main investment options have been mixed compared with the median option of the respective risk profiles.
Select an investment option from the menu below to see performance Vs the relevant median.
Check out our more in depth analysis of legalsuper Performance.
See legalsuper vs Australian Super to see how legalsuper compares with Australia’s biggest super fund and for a comparison against all funds see compare super funds.
Legal Super’s fees for their MySuper Balanced 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 |
|---|---|---|---|
| legalsuper - Australian Shares | 10.43% | 10.21% | 9.14% |
| Median | 11.7% | 11.4% | 10.3% |
| legalsuper - Australian Shares VS Median | -1.27% | -1.19% | -1.16% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Australian Shares | 51.48 | 1.39% | $746.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 97% | |
| 2 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - MySuper Balanced | 12.56% | 9.48% | 8.73% |
| Median | 10.5% | 9.6% | 8.4% |
| legalsuper - MySuper Balanced VS Median | 2.06% | -0.12% | 0.33% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - MySuper Balanced | 51.48 | 1.44% | $771.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 25.5% | |
| 2 | International Shares | 27.5% | |
| 3 | Fixed Interest | 9% | |
| 4 | Alternative | 23% | |
| 5 | Property | 10% | |
| 6 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Conservative Balanced | 10.6% | 7.59% | 6.4% |
| Median | 8.8% | 7.7% | 6.6% |
| legalsuper - Conservative Balanced VS Median | 1.8% | -0.11% | -0.2% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Conservative Balanced | 51.48 | 1.23% | $666.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 18% | |
| 2 | International Shares | 20% | |
| 3 | Fixed Interest | 16% | |
| 4 | Alternative | 19% | |
| 5 | Property | 10% | |
| 6 | Cash | 17% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Balanced | 12.66% | 9.54% | 8.74% |
| Median | 10.5% | 9.6% | 8.4% |
| legalsuper - Balanced VS Median | 2.16% | -0.06% | 0.34% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Balanced | 51.48 | 1.44% | $771.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 25.5% | |
| 2 | International Shares | 27.5% | |
| 3 | Fixed Interest | 9% | |
| 4 | Alternative | 23% | |
| 5 | Property | 10% | |
| 6 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Growth | 14.28% | 11.05% | 9.98% |
| Median | 11.7% | 11.4% | 10.3% |
| legalsuper - Growth VS Median | 2.58% | -0.35% | -0.32% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Growth | 51.48 | 1.44% | $771.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31% | |
| 2 | International Shares | 34% | |
| 3 | Fixed Interest | 5% | |
| 4 | Alternative | 17% | |
| 5 | Property | 10% | |
| 6 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Balanced Socially Responsible | 9.74% | 7.63% | 6.77% |
| Median | 10.5% | 9.6% | 8.4% |
| legalsuper - Balanced Socially Responsible VS Median | -0.76% | -1.97% | -1.63% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Balanced Socially Responsible | 51.48 | 1.42% | $761.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 27% | |
| 2 | International Shares | 34% | |
| 3 | Fixed Interest | 17% | |
| 4 | Alternative | 14% | |
| 5 | Property | 4% | |
| 6 | Cash | 4% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Cash | 3.83% | 3.24% | 1.86% |
| Median | - | - | - |
| legalsuper - Cash VS Median | 3.83% | 3.24% | 1.86% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Cash | 51.48 | 0.43% | $266.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - High Growth | 15.33% | 12.52% | 11.22% |
| Median | 11.7% | 11.4% | 10.3% |
| legalsuper - High Growth VS Median | 3.63% | 1.12% | 0.92% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - High Growth | 51.48 | 1.4% | $751.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 36.5% | |
| 2 | International Shares | 39.5% | |
| 3 | Alternative | 14% | |
| 4 | Property | 7% | |
| 5 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Balanced Index | 11.13% | 9.87% | 7.65% |
| Median | 10.5% | 9.6% | 8.4% |
| legalsuper - Balanced Index VS Median | 0.63% | 0.27% | -0.75% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Balanced Index | 51.48 | 0.65% | $376.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 35% | |
| 2 | International Shares | 25% | |
| 3 | Fixed Interest | 25% | |
| 4 | Property | 10% | |
| 5 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Overseas Shares | 24.41% | 18.52% | 14.84% |
| Median | 11.7% | 11.4% | 10.3% |
| legalsuper - Overseas Shares VS Median | 12.71% | 7.12% | 4.54% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Overseas Shares | 51.48 | 1.12% | $611.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 97% | |
| 2 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| legalsuper - Conservative | 8.7% | 5.91% | 4.67% |
| Median | 7.3% | 5.9% | 4.6% |
| legalsuper - Conservative VS Median | 1.4% | 0.01% | 0.07% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| legalsuper - Conservative | 51.48 | 1.11% | $606.48 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 11.5% | |
| 2 | International Shares | 12.5% | |
| 3 | Fixed Interest | 20% | |
| 4 | Alternative | 19% | |
| 5 | Property | 8% | |
| 6 | Cash | 29% |
Death and TPD insurance cover are offered to members.
Whilst most members are offered default Death and Total and permanent Disablement Cover, they can also apply for Salary Continuance cover.
Additional cover is available with the following limits:
Death – No maximum
TPD – $3 million
Salary Continuance – up to $30,000 per month.
Insurance is provided by OnePath Life Limited.
See the LegalSuper ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
Performance has been mixed against the median option of their risk profiles. Fees are generally higher than other funds of the same risk category listed on Review My Super.
Based on this evidence, it would depend on your risk tolerance and what investment option you’re in as to whether it’s a good super fund for you.
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 seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an industry fund.
