Investment management fees
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 they are credited to 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:
- Investment management
- Master custodian services
- Asset consulting.
The tables below show AustralianSuper's annual investment management fees for 12-months to 30 June 2010.
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 2010
|
Investment option
|
Investment costs |
Investment performance fees
|
Total investment fees |
Cost for each $10,000 invested
|
|
PreMixed Options
|
|
High Growth
|
0.68% |
0.02%
|
0.70% |
$70 |
|
Balanced
|
0.58% |
0.02%
|
0.60% |
$60 |
|
Sustainable Balanced
|
0.72% |
0.02%
|
0.74% |
$74 |
|
Conservative Balanced
|
0.49% |
0.05%
|
0.54% |
$54 |
|
Stable
|
0.41% |
0.04%
|
0.45% |
$45 |
|
Capital Guaranteed
|
0.47% |
0.00%
|
0.47% |
$47 |
|
DIY Options
|
|
Australian Shares
|
0.19% |
0.04%
|
0.23% |
$23 |
|
International Shares
|
0.50% |
-0.06%
|
0.44% |
$50 |
|
Australian Sustainable Shares
|
0.56% |
0.00%
|
0.56% |
$56 |
|
International Sustainable Shares
|
0.58% |
0.00%
|
0.58% |
$58 |
|
Property
|
0.69% |
0.03%
|
0.72% |
$72 |
|
Australian Fixed Interest
|
0.13% |
0.00%
|
0.13% |
$13 |
|
Diversified Fixed Interest
|
0.30% |
0.01%
|
0.31% |
$31 |
|
International Fixed Interest
|
0.15% |
0.00%
|
0.15% |
$15 |
|
Cash
|
0.11% |
0.00%
|
0.11% |
$11 |
