Investment management fees

Investment management fees are charged to cover the costs of managing your money. AustralianSuper works hard to negotiate the lowest fees possible with the investment managers engaged by the Fund.

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 2009 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 2009

 Investment Option

 Investment 
 fees

 Investment 
 performance 
 
fees

 Total
 fees

 Per  
 $
10,000* 

    PreMixed Options

 High Growth                                   

 0.67%

0.32%

0.99%

$99

 Balanced

 0.60%

0.24%

0.84%

$84

 Sustainable Balanced

 0.74%

 0.03%

 0.77% 

$77

 Conservative Balanced 

 0.47%

 0.15%

0.62%

$62

 Stable

 0.33%

0.08%

 0.41% 

$41

Capital Guaranteed  

0.51%

0.00%

 0.51% 

$51

    DIY Options

 Australian Shares

 0.26%

0.31%

0.57%

$57

 International Shares 

 0.45%

0.63%

1.08%

$108

 Australian SRI 

 0.65%

0.00%

 0.65% 

$65

 International SRI 

0.70%

0.00%

0.70%

$70

 Property

 0.72%

0.02%

 0.74% 

$74

 Australian Fixed Interest 

 0.16%

0.00%

0.16%

$16

 Diversified Fixed Interest 

 0.32%

0.02%

0.34%

$34

 International Fixed Interest 

 0.18%

0.00%

 0.18%

$18

 Cash 

 0.09%

0.00%

 0.09%

$9

* 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.