Cbus vs Rest Super – These are two well known super funds – but do you know how they differ, or which could be the better fit for you? To make it easy, we’ve compared the key features of both funds side by side.
Rest Super is an Industry super fund and is linked to the retail industry. It is a fund with Open membership.
Cbus is an Industry super fund and is linked to the building, construction and allied industries. It is a fund with Open membership.
Cbus vs Rest Super: How do fees compare?
When comparing Cbus and Rest Super, Cbus has annual percentage based fees, with a 0.84% investment based fee, compared to Rest Super’s percentage based fees of 0.79% Cbus has a flat fee of 78, while Rest Super has a flat fee of 78.
Cbus vs Rest Super: How does performance compare?
|Type of fund||Industry fund linked to the building, construction and allied industries.||Industry fund linked to the retail industry.|
|Default Fees (Based on 50K)||$498||$473|
|Asset Allocation (MySuper option)||Cbus - Growth (MySuper):
International Shares - 25.5%
Australian Shares - 22%
Alternative - 28.5%
|Rest - Core Strategy :
International Shares - 33%
Australian Shares - 23%
Alternative - 14%
|Performance (MySuper option)*||Cbus - Growth (MySuper):
1 Year: 7.87%
3 Year: 7.04%
5 Year: 6.05%
|Rest - Core Strategy :
1 Year: 7.41%
3 Year: 7.48%
5 Year: 5.46%
|Product Disclosure Statement||Cbus Product Disclosure Statement||Rest Super Product Disclosure Statement|
For a more comprehensive breakdown of perfomance see our Cbus Performance and Rest Super Performance pages.
*Performance as at 31-08-2023.
How does Cbus and Rest Super insurance compare?
Insurance is also an important factor to consider when looking at superannuation options, as some funds may also provide insurance cover – such as life cover and TPD insurance. Insurance fees will affect super balance, so ensuring you’re happy with the deal you have is vital. Based on ratings from Omnilife, Cbus received an insurance rating of 65, whilst Rest Super received a 71 for its insurance options.
Interested in seeing how Cbus and Rest Super compared to other popular super funds? Review My Super provides valuable insights on the best and worst performing super funds, so that you can make informed decisions on where you invest your money.
Review My Super can review every Super Fund in Australia and can help you understand what YOUR money is doing for YOU!