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

Type of fee or cost Amount How and when paid
Investment fee Ranges between 0% pa and 0.65% pa (estimated)2
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
 0.28% 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 0.74% 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   0.03
Term deposit 0.00
Capital Secure  0.24 
Capital Stable 0.34 
Balanced  0.42 
Socially Conscious (based on 2016/17 costs - mandated disclosure)2 0.65
Socially Conscious (estimated on 2017/18 costs - based on strategic asset allocation from 1 Feb 2017)3 0.37
Growth (MySuper) 0.45
Equity Growth 0.49
Australian Shares  0.36
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  0.22 
Capital Stable 0.28 
Balanced  0.34 
Socially Conscious (based on 2016/17 costs - mandated disclosure)2 0.74
Socially Conscious (estimated on 2017/18 costs - based on strategic asset allocation from 1 Feb 2017)3 0.32
Growth (MySuper) 0.40 
Equity Growth  0.23 
 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 2017/18 financial year, based on the investment related costs incurred for the 12 months ended 30 June 2017. 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.
2 Prior to 1 February 2017, the Socially Conscious investment option was named the Equity Growth Sustainability investment option and had a larger weighting to growth assets, a different strategic asset allocation and higher investment fees. The Investment fee and ICR disclosed, as required by legislation, include the full year costs from 1 July 2016 to 30 June 2017 - this includes costs based on the Equity Growth Sustainability structure from 1 July 2016 to 31 January 2017 and costs based on the Socially Conscious restructure from 1 February 2017 to 30 June 2017.
3 The anticipated full year costs for 2017/18 for the Socially Conscious investment option based on the strategic asset allocation from 1 February 2017.


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

 Investment  fees
0.45% pa
For every $50,000 you have in the Growth (MySuper) Option you will be charged $225 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

0.40% pa

And, indirect costs of $200 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

$643.21 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 2017/18 financial year based on the investment related costs incurred for the 12 months ended 30 June 2017. 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

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

Type of fee or cost Amount How and when paid
Investment fee Ranges between 0% pa and 0.65% pa (estimated)2
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
 0.28% 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 0.74% 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   0.03
Term deposit 0.00
Capital Secure  0.24 
Capital Stable 0.34 
Balanced  0.42 
Socially Conscious (based on 2016/17 costs - mandated disclosure)2 0.65
Socially Conscious (estimated on 2017/18 costs - based on strategic asset allocation from 1 Feb 2017)3 0.37
Growth (MySuper) 0.45
Equity Growth 0.49
Australian Shares  0.36
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  0.22 
Capital Stable 0.28 
Balanced  0.34 
Socially Conscious (based on 2016/17 costs - mandated disclosure)2 0.74
Socially Conscious (estimated on 2017/18 costs - based on strategic asset allocation from 1 Feb 2017)3 0.32
Growth (MySuper) 0.40 
Equity Growth  0.23 
 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 2017/18 financial year, based on the investment related costs incurred for the 12 months ended 30 June 2017. 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.
2 Prior to 1 February 2017, the Socially Conscious investment option was named the Equity Growth Sustainability investment option and had a larger weighting to growth assets, a different strategic asset allocation and higher investment fees. The Investment fee and ICR disclosed, as required by legislation, include the full year costs from 1 July 2016 to 30 June 2017 - this includes costs based on the Equity Growth Sustainability structure from 1 July 2016 to 31 January 2017 and costs based on the Socially Conscious restructure from 1 February 2017 to 30 June 2017.
3 The anticipated full year costs for 2017/18 for the Socially Conscious investment option based on the strategic asset allocation from 1 February 2017.


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

 Investment  fees
0.45% pa
For every $50,000 you have in the Growth (MySuper) Option you will be charged $225 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

0.40% pa

And, indirect costs of $200 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

$643.21 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 2017/18 financial year based on the investment related costs incurred for the 12 months ended 30 June 2017. 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

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