Founded in 2018, Verve Super is a super fund specializing in super for Women. It also focuses on ethical and responsible investing.
As of September 30th 2024 they had approximately 7,360 members and $357 million 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.
Verve Super’s Balanced investment option has outperformed the median option of it’s risk category over 1 year but underperformed over 5 years.
Select an investment option from the menu below to see performance of the different investment options.
For a comparison against all other funds see compare super funds.
Fees for their Balanced investment option are above the median of other options of the same risk category 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 |
|---|---|---|---|
| Verve Super - Balanced Strategy | 1.55% | 4.64% | 6.66% |
| Median | 5.5% | 5.8% | 8.8% |
| Verve Super - Balanced Strategy VS Median | -3.95% | -1.16% | -2.14% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Verve Super - Balanced Strategy | 60 | 1.08% | $600 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 15% | |
| 2 | International Shares | 47.5% | |
| 3 | Fixed Interest | 20% | |
| 4 | Alternative | 9.5% | |
| 5 | Property | 3% | |
| 6 | Cash | 5% |
Whilst most members are offered default Death and Total and permanent Disablement Cover, they can also apply for Income Protection Cover.
Additional cover is available with the following limits:
Death – No maximum
TPD – $3 million.
Income protection – up to $20,000 per month.
Insurance is provided by AIA Australia Limited.
See the Verve Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
Verve Super’s Balanced investment option has outperformed the median option of it’s risk category over 1 year but underperformed over 5 years. Fees are above the median of other options of the same risk profile on Review My Super. Based on this evidence, If you’re a balanced investor that’s joined in the past year it’s been a good fund. If you’re not a balanced investor than there aren’t any suitable options.
Remember, past performance isn’t a reliable indicator of future performance and 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.
No, it’s a retail super fund.