Investment costs are taken out of AustralianSuper’s investment returns before crediting your account. Many funds declare their rates and take these fees out later, which can make their returns look better than they really are.
AustralianSuper's investment costs cover:
The tables below show the annual investment management fees for the 12-months to 30 June 2008 for each investment cost.
Fees are shown as a percentage and as a dollar cost for each $10,000 invested. This will make it easier for you to compare AustralianSuper’s investment management fees with other superannuation funds.
Fees for the 12-months to 30 June 2008
|
Investment Option
|
Investment
fees
|
Investment
performance
fees
|
Total
fees
|
Per
$10,000*
|
|
PreMixed Options
|
|
High Growth
|
0.71%
|
0.12%
|
0.83%
|
$83
|
|
Balanced
|
0.61%
|
0.11%
|
0.72%
|
$72
|
|
Sustainable Balanced
|
0.79%
|
0.03%
|
0.82%
|
$82
|
|
Stable
|
0.35%
|
0.06%
|
0.41%
|
$41
|
|
Capital Guaranteed
|
0.50%
|
0.00%
|
0.50%
|
$50
|
|
Conservative Balanced^
^Please note: This is a new investment option which became available on 1 January 2008. The costs provided are estimates only as historical data for the full 2007/08 financial year does not exist.
|
0.49%
|
0.11%
|
0.60%
|
$60
|
|
DIY Options
|
|
Australian Shares
|
0.32%
|
0.19%
|
0.51%
|
$51
|
|
International Shares
|
0.49%
|
0.09%
|
0.58%
|
$58
|
|
Australian SRI
|
0.65%
|
0.00%
|
0.65%
|
$65
|
|
International SRI
|
0.80%
|
0.00%
|
0.80%
|
$80
|
|
Property
|
0.57%
|
0.03%
|
0.60%
|
$60
|
|
Australian Fixed Interest
|
0.25%
|
0.00%
|
0.25%
|
$25
|
|
Diversified Fixed Interest
|
0.39%
|
0.10%
|
0.49%
|
$49
|
|
International Fixed Interest
|
0.25%
|
0.00%
|
0.25%
|
$25
|
|
Cash
|
0.13%
|
0.00%
|
0.13%
|
$13
|
* Plus Member Benefit Protection costs
ASX 200: Members who participate in the ASX 200 Share Investment Option will pay a fee of $39 per annum, calculated weekly and deducted monthly from their account, for the period they are in the ASX 200 Shares Investment Option. This fee is in addition to the standard administration fee for all members.
In addition, Macquarie Equities Limited will charge participating members brokerage.
|
Transaction amount
|
Brokerage
|
|
$0.00 - $4,167
|
$12.50 (+GST)
|
|
$4,168 -$10,000
|
0.30% (+GST)
|
|
$10,001 - $30,000
|
0.20% (+GST)
|
|
$30,001 + $50,000
|
0.18% (+GST)
|
|
$50,001 + $100,000
|
0.15% (+GST)
|
|
$100,001 or above
|
0.10% (+GST)
|
Important information: Investment management fees can change each year. Past fees should not be taken as an indication of future fees.