Crediting rates are the investment return less investment fees, the
percentage-based administration fee (applicable from 1 April 2020) and
taxes. Investment returns aren’t guaranteed. Past performance isn’t a
reliable indicator of future returns.
Comparisons are modelled by SuperRatings, commissioned by AustralianSuper. Modelled outcome shows the average difference in ‘net benefit’, a measure of past investment earnings after administration and investment fees and taxes have been taken out. The results compare the AustralianSuper Balanced option and the main balanced options of funds tracked by SuperRatings that have a comparable option and performance history, for historical periods to 30 June 2019. The model uses return and fee data that is submitted to SuperRatings. Insurance premiums and other fees and costs may apply. Outcomes vary between individual funds. See Assumptions for more details about modelling calculations and assumptions. The comparison does not consider the new percentage component of the administration fee of up to 0.04% pa of your
total account balance which was introduced from 1 April 2020. This fee is
deducted from investment returns daily before they are added to your account.
Returns from equivalent investment options of ARF and STA are used in calculating AustralianSuper’s returns for periods that begin before 1 July 2006. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.
Note: the comparison uses data for periods to 30
June 2019. From 1 April 2020, the AustralianSuper administration fee for super
(accumulation) account holders increased. See australiansuper.com/feechanges
for more details.