VicSuper is a profit-to-member fund and according to SuperRatings, one of the "best value for money funds" in Australia

Compare us with hundreds of funds

 

Fee structure for VicSuper FutureSaver

Type of fee or cost Amount How and when paid
Investment fee Ranges between 0% pa and 0.43% pa (estimated)
The investment fee accrues daily and is deducted from the investment option/s in which you invest. They are included in the calculation of the unit prices which determines your investment returns. They are not deducted directly from your account
Account-keeping fee
$1.50 per week   The account-keeping fee and administration fee are deducted from your account at the end of each month in arrears.
These fees are capped at a combined total of $125 per month per account.
 
Administration fee
 0.19% pa
Buy-sell spread fee  Nil  Not applicable 
Switching fee Nil  Not applicable 
Exit fee  Nil Not applicable 
Advice fees relating to all members investing in a particular investment option Nil Not applicable 
Indirect cost ratio (ICR) Ranges between 0% pa and 0.43% pa (estimated)  The ICR accrues daily and is deducted from the investment option/s in which you invest. They are included in the calculation of unit prices which determine your investment returns.
They are not deducted directly from your account.
 
Insurance premiums
 Vary depending upon the amount and type of cover you choose and other factors such as your age, occupation and your health declarations. Use our premium calculator to find out.
Deducted directly from your account. 
Investment fees1 
Included in the calculation of unit prices (not deducted directly from your account).
Option 
Cash   0.02
Term deposit 0.00
Capital Secure  0.18
Capital Stable 0.24 
Balanced  0.31 
Socially Conscious  0.22 
Growth (MySuper) 0.35
Equity Growth 0.43
Australian Shares  0.35
Indirect cost ratio1 
Included in the calculation of unit prices which determines your investment returns (not deducted directly from your account). 
Option %
Cash   0.00
Term deposit 0.00
Capital Secure  0.21 
Capital Stable 0.30 
Balanced  0.36 
Socially Conscious  0.36
Growth (MySuper) 0.43 
Equity Growth  0.29 
 Australian Shares 0.00 

For further details on the fees that apply to VicSuper FutureSaver members, refer to the Member Guide - Fees and costs. For details on Insurance, refer to the Insurance Handbook.

1 The investment fees and ICR are an estimate for the 2018/19 financial year, based on the estimated investment related costs incurred for the 12 months ended 30 June 2018. Therefore actual costs may vary from time to time and depending on the investment option/s you choose. See the Member Guide – Fees and costs for the estimated investment fees and ICRs relating to each of VicSuper’s investment options. If it becomes apparent that actual costs will vary, these estimates will be updated.


Example for the Growth (MySuper) option and a balance of $50,000

 Investment  fees
0.35% pa
For every $50,000 you have in the Growth (MySuper) Option you will be charged $175 each year 

PLUS

Administration fees

Account-keeping fee $78.21 ($1.50 per week)

Administration fee

0.19% pa

And, you will be charged $78.21 in account-keeping fees regardless of your balance plus an administration fee of $95

PLUS

Indirect costs for the Growth (MySuper) Option

0.43% pa

And, indirect costs of $215 each year will be deducted from your investment

EQUALS

Cost of products


If your balance was $50,000, then for that year you will be charged fees of $563.21

for the Growth (MySuper) option

Note - additional fees may apply. VicSuper does not currently charge exit fees or apply buy/sell spreads.

1 The investment fee and ICR are an estimate for the 2018/19 financial year based on the estimated investment related costs incurred for the 12 months ended 30 June 2018. Therefore actual costs may vary from time to time and depending on the investment option/s you choose. These fees are not deducted directly from your account

Remember that when you are comparing super funds besides fees you should also consider

VicSuper is a profit-to-member fund and according to SuperRatings, one of the "best value for money funds" in Australia

Compare us with hundreds of funds

 

Fee structure for VicSuper FutureSaver

Type of fee or cost Amount How and when paid
Investment fee Ranges between 0% pa and 0.43% pa (estimated)
The investment fee accrues daily and is deducted from the investment option/s in which you invest. They are included in the calculation of the unit prices which determines your investment returns. They are not deducted directly from your account
Account-keeping fee
$1.50 per week   The account-keeping fee and administration fee are deducted from your account at the end of each month in arrears.
These fees are capped at a combined total of $125 per month per account.
 
Administration fee
 0.19% pa
Buy-sell spread fee  Nil  Not applicable 
Switching fee Nil  Not applicable 
Exit fee  Nil Not applicable 
Advice fees relating to all members investing in a particular investment option Nil Not applicable 
Indirect cost ratio (ICR) Ranges between 0% pa and 0.43% pa (estimated)  The ICR accrues daily and is deducted from the investment option/s in which you invest. They are included in the calculation of unit prices which determine your investment returns.
They are not deducted directly from your account.
 
Insurance premiums
 Vary depending upon the amount and type of cover you choose and other factors such as your age, occupation and your health declarations. Use our premium calculator to find out.
Deducted directly from your account. 
Investment fees1 
Included in the calculation of unit prices (not deducted directly from your account).
Option 
Cash   0.02
Term deposit 0.00
Capital Secure  0.18
Capital Stable 0.24 
Balanced  0.31 
Socially Conscious  0.22 
Growth (MySuper) 0.35
Equity Growth 0.43
Australian Shares  0.35
Indirect cost ratio1 
Included in the calculation of unit prices which determines your investment returns (not deducted directly from your account). 
Option %
Cash   0.00
Term deposit 0.00
Capital Secure  0.21 
Capital Stable 0.30 
Balanced  0.36 
Socially Conscious  0.36
Growth (MySuper) 0.43 
Equity Growth  0.29 
 Australian Shares 0.00 

For further details on the fees that apply to VicSuper FutureSaver members, refer to the Member Guide - Fees and costs. For details on Insurance, refer to the Insurance Handbook.

1 The investment fees and ICR are an estimate for the 2018/19 financial year, based on the estimated investment related costs incurred for the 12 months ended 30 June 2018. Therefore actual costs may vary from time to time and depending on the investment option/s you choose. See the Member Guide – Fees and costs for the estimated investment fees and ICRs relating to each of VicSuper’s investment options. If it becomes apparent that actual costs will vary, these estimates will be updated.


Example for the Growth (MySuper) option and a balance of $50,000

 Investment  fees
0.35% pa
For every $50,000 you have in the Growth (MySuper) Option you will be charged $175 each year 

PLUS

Administration fees

Account-keeping fee $78.21 ($1.50 per week)

Administration fee

0.19% pa

And, you will be charged $78.21 in account-keeping fees regardless of your balance plus an administration fee of $95

PLUS

Indirect costs for the Growth (MySuper) Option

0.43% pa

And, indirect costs of $215 each year will be deducted from your investment

EQUALS

Cost of products


If your balance was $50,000, then for that year you will be charged fees of $563.21

for the Growth (MySuper) option

Note - additional fees may apply. VicSuper does not currently charge exit fees or apply buy/sell spreads.

1 The investment fee and ICR are an estimate for the 2018/19 financial year based on the estimated investment related costs incurred for the 12 months ended 30 June 2018. Therefore actual costs may vary from time to time and depending on the investment option/s you choose. These fees are not deducted directly from your account

Remember that when you are comparing super funds besides fees you should also consider

More about VicSuper FutureSaver

Book icon Download the PDS

Icon information Member Guide

Icon information FSG

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More about VicSuper FutureSaver

Book icon Download the PDS

Icon information Member Guide

Icon information FSG

Dashboard icon Download dashboard