Low fees

AustralianSuper works hard to keep fees and costs low by using our size and financial strength to give you a better deal.

And as you can see in the table below¹, based on an account balance of $50,000, you will be $174 per year better-off with AustralianSuper when compared to the all funds median.   

 

Fee comparison

 

Fund

Fees payable on

$50,000     

Fees payable on

$200,000   

Fees payable on

$500,000     

AustralianSuper

$472                   

$1,612   

$3,892

Industry fund median 

$511

$1,858    

$4,392

Retail fund median

$807              

$3,014    

$6,690

All funds median

$646                   

$2,338

$5,500

 

Our fees and costs at a glance 

 

Type of fee

Amount

Establishment fee Nil
Contribution fee Nil
Administration fee $1.50 a week
Investment management fee (for 12 months to 30 June 2008)     From 0.09% to 1.08% pa (depending on your investment option) View detailed list
Member protection fee 0.06% pa
Withdrawal fee $35
Investment switching fee   Nil

 

View other additional service fees.

 

 

¹ Source: Chant West Pty Limited. The median fees shown above are the fees that applied in March 2009 for the products included in Chant West's Personal Super Research (about 150 products).  Fees for each product have been calculated gross of income tax and are based on each product’s multi-manager growth option (ie 61-80% growth assets). The fees include performance fees but exclude all transactional fees such as contribution and withdrawal fees.  For retail funds, fees are net of adviser commissions.  For important information about the Chant West data, refer to www.chantwest.com.au.