The amount of fees you are charged can make a large difference to your end benefit – lower fees mean you'll have more super when you finish working.

Here is a table outlining our fees and what we charge them for.

Type of fee MySuper Lifecycle Investment Strategy MyMix
Investment fee1 Building - 0.39% p.a.
Growing - 0.51% p.a.
Consolidating - 0.51% p.a.
Secure - 0.04% p.a.
Balanced - 0.56% p.a.
Growth - 0.64% p.a.
 
These fees are calculated as a percentage of applicable Fund assets and deducted from gross investment returns daily.
Administration fee1 $115 p.a. ($2.21 per week)
+ 0.15% p.a.
+ up to 0.01% p.a.

Maximum Administration fee of $800 p.a
$115 p.a. ($2.21 per week)
+ 0.30% p.a.
+ up to 0.01% p.a.

The dollar fee is deducted from your account balance monthly.
The percentage-based fee is calculated as a percentage of applicable Fund assets and deducted from gross investment returns daily. An additional fee up to 0.01% p.a. may be deducted from the Contingency Reserve fund to cover regulatory costs and initiatives that deliver Member outcomes. 
Buy-sell spread Nil  Nil Not applicable.
Switching fee Nil Nil Not applicable.
Advice fees relating to all members investing in a particular MySuper product or investment option Nil Nil Not applicable.
Other fees and costs* Amounts vary depending on the nature of the fee and your personal circumstances. Amounts vary depending on the nature of the fee and your personal circumstances. Insurance fees are deducted from your account balance monthly, where applicable.
Performance Fee

Building 0.00% p.a
Growing 0.07% p.a
Consolidating 0.06% p.a

Secure - 0.00% p.a.
Balanced - 0.06% p.a.
Growth - 0.09% p.a.

 
Transaction Costs^

Building 0.09% p.a
Growing 0.02% p.a
Consolidating 0.01% p.a 

Secure - 0.00% p.a.
Balanced - 0.00% p.a.
Growth - 0.01% p.a.

These fees are incurred when assets are bought or sold.


1 If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.

* Insurance fees may also apply. Refer to 'additional explanation of fees and costs' in the Insurance Guide.

^ The Fund's transactional costs comprise of operational costs and Over-The-Counter (OTC) derivative costs, which are explained in more detail in the 'Additional explanation of fees and costs' in the How Super Works Guide.










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