VicSuper is a not-for-profit 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

Contribution and withdrawal 

Establishment fee

Nil

Contribution fee

Nil

Withdrawal fee

Nil

Termination fee

Nil

Administration

Account-keeping fee

$1.50 per week

These fees are capped at a combined total of $125 per month per account.

Administration fee

0.28% pa

Investment

Investment fees

Nil – see investment management cost below

Buy-sell spread fees

Nil

Switching fees

Nil

Other fees and costs

Investment management cost

Included in the calculation of unit prices (not deducted directly from your account).

Cash

0.03%

Term deposit

-

Capital Secure

0.26%

Capital Stable

0.38%

Balanced

0.44%

Growth (MySuper)

0.52%

Equity Growth

0.48%

Equity Growth Sustainability

0.77%

Australian Shares

0.20%

Advice fees

The cost of the majority of advice provided to members is included in the Administration fee above.

Certain types of personal advice* carry a fee of $200

Operational risk reserve cost
Included in the calculation of unit prices (not deducted directly from your account).

0.00% pa

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.

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

* advice to join VicSuper provided to non-members, advice on non-VicSuper products, advice regarding the consolidation of super accounts and ongoing personal advice.

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

 Investment  fees
 Nil
For every $50,000 you have in the Growth (MySuper) Option you will be charged $0 each year 

PLUS

Administration fees

Account-keeping fee

$78.21 ($1.50 per week)

Administration fee

0.28% pa

And, you will be charged $78.21 in account-keeping fees regardless of your balance plus an administration fee of $140

PLUS

Indirect costs for

the Growth

(MySuper) Option

Investment management cost

0.52% pa

Operational risk reserve cost 0.00% pa from 1 July 2016*

And, indirect costs of $260 each year will be deducted from your investment

*For Term Deposit investments that commenced before 1 July 2016, the Operational risk reserve cost (0.05% before 30 June 2016) applies for the whole term of the investment, even if the investment matures after 30 June 2016

EQUALS

Cost of products


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

$478.21 for the Growth (MySuper) option

1See Indirect costs for the investment management cost.

Note -additional fees may apply.  VicSuper does not currently charge an exit fee if you leave the fund.

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

VicSuper is a not-for-profit 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

Contribution and withdrawal 

Establishment fee

Nil

Contribution fee

Nil

Withdrawal fee

Nil

Termination fee

Nil

Administration

Account-keeping fee

$1.50 per week

These fees are capped at a combined total of $125 per month per account.

Administration fee

0.28% pa

Investment

Investment fees

Nil – see investment management cost below

Buy-sell spread fees

Nil

Switching fees

Nil

Other fees and costs

Investment management cost

Included in the calculation of unit prices (not deducted directly from your account).

Cash

0.03%

Term deposit

-

Capital Secure

0.26%

Capital Stable

0.38%

Balanced

0.44%

Growth (MySuper)

0.52%

Equity Growth

0.48%

Equity Growth Sustainability

0.77%

Australian Shares

0.20%

Advice fees

The cost of the majority of advice provided to members is included in the Administration fee above.

Certain types of personal advice* carry a fee of $200

Operational risk reserve cost
Included in the calculation of unit prices (not deducted directly from your account).

0.00% pa

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.

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

* advice to join VicSuper provided to non-members, advice on non-VicSuper products, advice regarding the consolidation of super accounts and ongoing personal advice.

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

 Investment  fees
 Nil
For every $50,000 you have in the Growth (MySuper) Option you will be charged $0 each year 

PLUS

Administration fees

Account-keeping fee

$78.21 ($1.50 per week)

Administration fee

0.28% pa

And, you will be charged $78.21 in account-keeping fees regardless of your balance plus an administration fee of $140

PLUS

Indirect costs for

the Growth

(MySuper) Option

Investment management cost

0.52% pa

Operational risk reserve cost 0.00% pa from 1 July 2016*

And, indirect costs of $260 each year will be deducted from your investment

*For Term Deposit investments that commenced before 1 July 2016, the Operational risk reserve cost (0.05% before 30 June 2016) applies for the whole term of the investment, even if the investment matures after 30 June 2016

EQUALS

Cost of products


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

$478.21 for the Growth (MySuper) option

1See Indirect costs for the investment management cost.

Note -additional fees may apply.  VicSuper does not currently charge an exit fee if you leave the fund.

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

Dashboard icon Download dashboard

More about VicSuper FutureSaver

Book icon Download the PDS

Icon information Member Guide

Icon information FSG

Dashboard icon Download dashboard