The following fees apply to the AustralianSuper Member Direct option:
- Portfolio administration fee –the Member Direct option has a portfolio administration fee of $15 per month ($180 per annum). You can upgrade to the premium Thomson Reuters data service at any time for an additional $5.12 per month
- Brokerage for shares and ETFs – A flat fee applies to the first $5,000 of your trade. Scaled cumulative brokerage rates apply to each component of your trade above this, at the levels set out below.
| Transaction amount |
Brokerage fee* |
| $0 to $5,000 |
$15.00 |
| $5,001 to $10,000 |
0.30% |
| $10,001 to $30,000 |
0.20% |
| $30,001 to $50,000 |
0.16% |
| $50,000 + |
0.12% |
The above rates exclude GST
Working out your brokerage
Different brokerage rates will apply to each component of your trade value above $5,000, based on the above levels. For example, if you placed a $35,000 trade, your total brokerage would be $78.00. This is calculated as follows:
| Trade component |
Brokerage fee |
Total |
| First $5,000 |
$15.00 |
$15.00 |
| $5,001 to $10,000 |
0.30% x $5,000 |
$15.00 |
| $10,001 to $30,000 |
0.20% x $20,000 |
$40.00 |
| $30,001 to $35,000 |
0.16% x $5,000 |
$8.00 |
| Total brokerage |
|
$78.00 |
*ETF Management fees - For details of the management fees for the ETFs available within the AustralianSuper Member Direct investment option please visit the iShares website.
Other fees may also apply. Please read the AustralianSuper Product Disclosure Statement and Investment Choice Guide for more information on fees.