Investment Fees
Investment management fees are taken out of AustralianSuper’s investment returns before returns are declared and credited to your account.
AustralianSuper's investment management fees cover:
- Investment management
- Master custodian services
- Asset consulting
Management fees paid to investment managers may also include performance fees when their investment returns exceed agreed benchmarks. These benchmarks vary for each manager and there is no guarantee that a manager will earn a performance fee in any given year.
Below are the annual investment management fees for the 12-months to 30 June 2011 for each investment option.
| PreMixed Options |
| High Growth |
0.62% |
0.01% |
0.63% |
| Balanced |
0.56% |
0.03% |
0.59% |
| Sustainable Balanced |
0.67% |
0.03% |
0.70% |
| Indexed Diversified* |
n/a |
n/a |
n/a |
| Conservative Balanced |
0.42% |
0.06% |
0.48% |
| Stable |
0.37% |
0.06% |
0.43% |
| Capital Guaranteed |
0.50% |
0.00% |
0.50% |
| DIY Options |
| Australian Shares |
0.20% |
0.01% |
0.21% |
| International Shares |
0.58% |
-0.03% |
0.55% |
| Australian Sustainable Shares |
0.56% |
0.00% |
0.56% |
| International Sustainable Shares |
0.56% |
0.00% |
0.56% |
| Property |
0.68% |
0.00% |
0.68% |
| Australian Fixed Interest |
0.15% |
0.00% |
0.15% |
| International Fixed Interest |
0.13% |
0.00% |
0.13% |
| Diversified Fixed Interest |
0.35% |
0.14% |
0.49% |
| Cash |
0.11% |
0.00% |
0.11% |
* The investment fees for the Indexed Diversified option are estimated to be up to 0.10% plus the member protection fee. This option was launched on 1 November 2011 and investment costs are calculated looking back. Investment fees for the financial year ended 30 June 2012 will be available after July 2012.