Formed in 2021 by the merger of MTAA and Tasplan, Spirit Super is an industry super fund. As of September 30th 2024 they had approximately 383,180 members and $31.47 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.
Past performance is not a reliable indicator of future performance.
Spirit Super’s performance across it’s main investment options has been somewhat mixed vs the median performance of the options respective risk categories. The Balanced (MySuper) option underperformed over 1 year and 5 years.
Select an investment option from the menu below to see performance Vs the relevant median.
Check out our more in depth analysis of Spirit Super Performance.
See Spirit Super vs Australian Super to see how Spirit Super compares with Australia’s biggest super funds and for a comparison against all funds see compare super funds.
Fees for their Balanced (MySuper) investment option are close to the median of 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 |
|---|---|---|---|
| Spirit Super - Australian Shares | 12.89% | 6.06% | 8% |
| Median | 11.7% | 5.2% | 8% |
| Spirit Super - Australian Shares VS Median | 1.19% | 0.86% | - |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Australian Shares | 67.6 | 0.81% | $472.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Diversified Fixed Interest | 5.07% | -1.19% | -0.28% |
| Median | - | - | - |
| Spirit Super - Diversified Fixed Interest VS Median | 5.07% | -1.19% | -0.28% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Diversified Fixed Interest | 67.6 | 0.49% | $312.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Cash | 4.1% | 2.56% | 1.72% |
| Median | - | - | - |
| Spirit Super - Cash VS Median | 4.1% | 2.56% | 1.72% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Cash | 67.6 | 0.36% | $247.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Balanced (MySuper) | 9.48% | 4.6% | 6.35% |
| Median | 9.8% | 4.6% | 6.6% |
| Spirit Super - Balanced (MySuper) VS Median | -0.32% | - | -0.25% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Balanced (MySuper) | 67.6 | 0.8% | $467.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 23% | |
| 2 | International Shares | 30% | |
| 3 | Fixed Interest | 10% | |
| 4 | Alternative | 19% | |
| 5 | Property | 10% | |
| 6 | Cash | 8% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Growth | 10.98% | 5.52% | 7.82% |
| Median | 11.7% | 5.2% | 8% |
| Spirit Super - Growth VS Median | -0.72% | 0.32% | -0.18% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Growth | 67.6 | 0.92% | $527.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 30% | |
| 2 | International Shares | 40% | |
| 3 | Alternative | 20% | |
| 4 | Property | 6% | |
| 5 | Cash | 4% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Moderate | 7.93% | 3.98% | 4.88% |
| Median | 8.2% | 3.6% | 5% |
| Spirit Super - Moderate VS Median | -0.27% | 0.38% | -0.12% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Moderate | 67.6 | 0.74% | $437.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 16% | |
| 2 | International Shares | 22% | |
| 3 | Fixed Interest | 23% | |
| 4 | Alternative | 18% | |
| 5 | Property | 6% | |
| 6 | Cash | 15% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Conservative | 6.59% | 3.55% | 3.62% |
| Median | 6.3% | 2.6% | 3.5% |
| Spirit Super - Conservative VS Median | 0.29% | 0.95% | 0.12% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Conservative | 67.6 | 0.7% | $417.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 9% | |
| 2 | International Shares | 12% | |
| 3 | Fixed Interest | 34% | |
| 4 | Alternative | 16% | |
| 5 | Property | 5% | |
| 6 | Cash | 24% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - Sustainable | 9.63% | 4.75% | 6.26% |
| Median | 9.8% | 4.6% | 6.6% |
| Spirit Super - Sustainable VS Median | -0.17% | 0.15% | -0.34% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - Sustainable | 67.6 | 0.72% | $427.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 25% | |
| 2 | International Shares | 30% | |
| 3 | Fixed Interest | 10% | |
| 4 | Alternative | 18% | |
| 5 | Property | 9% | |
| 6 | Cash | 8% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Spirit Super - International Shares | 15.88% | 5.86% | 9.53% |
| Median | 11.7% | 5.2% | 8% |
| Spirit Super - International Shares VS Median | 4.18% | 0.66% | 1.53% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Spirit Super - International Shares | 67.6 | 0.73% | $432.6 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 100% |
Members are offered life, TPD and income protection insurance.
There are two levels of default cover, default A and default B. If you work for an eligible employer, you may be provided with default B cover, which includes default income protection cover. The cover amounts and premiums are age based. You can apply to increase your cover above the default rates, with the following limits:
Death – $5 million.
TPD – $3 million.
Income protection – The lesser of 75% of your monthly income plus up to 10% super contributions or $30,000.
Insurance is provided by MetLife.
Insurance rating by Omnilife.
Please note: This is the overall rating before individual circumstances are taken into account. Individual circumstances will vary the rating significantly.
See the Spirit Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
Spirit Super has had mixed performance vs the median option across it’s main investment options. The Conservative option has out performed over 5 years whereas the Balanced (MySuper) option has under performed over 5 years.
Fees for these options are not particularly high or low compared to options of the same risk category listed on Review My Super.
Based on this evidence, you could say that it depends on what investment option you’ve been in and what your risk tolerance is, as to whether it’s been 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 seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an APRA fund.
Yes, it’s an industry fund with historic links to the motor vehicle industry and Tasmanian industry. It is a fund with open membership.
Spirit Super Reviews: 2.9 out of 5 stars from 50 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
