This Vision Super review will cover performance, fees, asset allocation, insurance and customer reviews.
Founded in 1947 as a fund for the local government sector. Vision Super now caters to various sectors and membership is open to anyone. As of September 30th 2024 they had approximately 78,800 members with $11.6 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.
Vision Super’s Balanced investment option underperformed the median over 1 year but outperformed over 3 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 Vision Super Performance.
See Vision Super vs Australian Super to see how Vision Super compares with Australia’s biggest super fund and for a comparison against all funds see compare super funds.
Vision Super’s fees for their Balanced investment option are well below 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 |
|---|---|---|---|
| Vision Personal - Australian Equities | 11.6% | 12.73% | 11.76% |
| Median | 11.7% | 11.4% | 10.3% |
| Vision Personal - Australian Equities VS Median | -0.1% | 1.33% | 1.46% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Australian Equities | 66.04 | 0.4% | $266.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Conservative | 6.14% | 5.25% | 4.52% |
| Median | 7.3% | 5.9% | 4.6% |
| Vision Personal - Conservative VS Median | -1.16% | -0.65% | -0.08% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Conservative | 66.04 | 0.47% | $301.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 7% | |
| 2 | International Shares | 10.5% | |
| 3 | Fixed Interest | 28.75% | |
| 4 | Alternative | 10% | |
| 5 | Property | 6.25% | |
| 6 | Other | 13.5% | |
| 7 | Cash | 24% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - International Equities | 18.03% | 18.12% | 13.81% |
| Median | 11.7% | 11.4% | 10.3% |
| Vision Personal - International Equities VS Median | 6.33% | 6.72% | 3.51% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - International Equities | 66.04 | 0.46% | $296.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Balanced | 7.75% | 7.32% | 6.54% |
| Median | 8.8% | 7.7% | 6.6% |
| Vision Personal - Balanced VS Median | -1.05% | -0.38% | -0.06% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Balanced | 66.04 | 0.54% | $336.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 16% | |
| 2 | International Shares | 22.5% | |
| 3 | Fixed Interest | 15.5% | |
| 4 | Alternative | 10% | |
| 5 | Property | 6.25% | |
| 6 | Other | 13% | |
| 7 | Cash | 16.75% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Balanced Growth | 10.1% | 9.82% | 8.69% |
| Median | 10.5% | 9.6% | 8.4% |
| Vision Personal - Balanced Growth VS Median | -0.4% | 0.22% | 0.29% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Balanced Growth | 66.04 | 0.59% | $361.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 25% | |
| 2 | International Shares | 32.5% | |
| 3 | Fixed Interest | 10% | |
| 4 | Alternative | 11% | |
| 5 | Property | 7% | |
| 6 | Other | 8.5% | |
| 7 | Cash | 6% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Innovation and Disruption | 26.2% | 20.56% | 7.87% |
| Median | 11.7% | 11.4% | 10.3% |
| Vision Personal - Innovation and Disruption VS Median | 14.5% | 9.16% | -2.43% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Innovation and Disruption | 66.04 | 0.73% | $431.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Cash | 3.95% | 3.53% | 2.16% |
| Median | - | - | - |
| Vision Personal - Cash VS Median | 3.95% | 3.53% | 2.16% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Cash | 66.04 | 0.2% | $166.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Diversified Bonds | 4.88% | 1.62% | -0.64% |
| Median | - | - | - |
| Vision Personal - Diversified Bonds VS Median | 4.88% | 1.62% | -0.64% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Diversified Bonds | 66.04 | 0.22% | $176.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Growth | 10.69% | 11.43% | 10.4% |
| Median | 11.7% | 11.4% | 10.3% |
| Vision Personal - Growth VS Median | -1.01% | 0.03% | 0.1% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Growth | 66.04 | 0.63% | $381.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 33% | |
| 2 | International Shares | 43% | |
| 3 | Alternative | 12% | |
| 4 | Property | 7% | |
| 5 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Balanced Low Cost | 10.66% | 10.52% | 8.41% |
| Median | 10.5% | 9.6% | 8.4% |
| Vision Personal - Balanced Low Cost VS Median | 0.16% | 0.92% | 0.01% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Balanced Low Cost | 66.04 | 0.28% | $206.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 27% | |
| 2 | International Shares | 33% | |
| 3 | Fixed Interest | 20% | |
| 4 | Property | 10% | |
| 5 | Cash | 10% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Vision Personal - Just Shares | 14.69% | 15.63% | 13.21% |
| Median | 11.7% | 11.4% | 10.3% |
| Vision Personal - Just Shares VS Median | 2.99% | 4.23% | 2.91% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Vision Personal - Just Shares | 66.04 | 0.43% | $281.04 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 45% | |
| 2 | International Shares | 55% |
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 – $5 million
TPD – $2.5 million.
Income protection – up to $30,000 per month.
Insurance is provided by MLC Life Insurance.
See the Vision Super ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
While their main investment options have underperformed the median of other investments within the same risk categories over 5 years, they have mostly outperformed over the past 1 year.
Fees are mixed compared to the median of other options of the same risk category.
Based on this evidence, it depends on which investment option you’re in, how long you’ve been in it and whether it’s suited to your risk tolerance as to whether it’s been a good superfund.
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 is a retail fund.
5.0 out of 5 stars from 3 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
Fantastic customer service, low fees and strong returns – what more could you ask?
Amazing.
Low fees, strong performance, very happy with my insurance and the service and they always answer questions. great fund and would highly recommend