Investment fees

Like most investment products, there are fees that apply to your super account.

What fees apply?

Investment fees relate to the costs incurred for investing the fund’s assets (i.e. the super in your account), including fees paid to service providers, such as investment managers and custodial agents, as well as other investment-related costs, such as brokerage, buy/sell spread of unit trust investments, settlement and clearing costs, stamp duty, and over-the-counter derivative costs.

The investment fee is different for each investment option and is generally estimated based on fees and costs paid in the 12 months to 30 June of the previous financial year. You should note that past costs are not a reliable indicator of future costs.

Other fees and costs may apply.

Any tax deduction that we are are entitled to is passed on to you as reduced fees.

For more information on current fees and other costs, refer to the Member Guide (PDS) for your account.

How investment fees are paid

Investment fees are not deducted directly from your account balance. Instead, the fee is deducted from the investment return for each investment option (i.e. an allowance for the fee reduces the amount of the option’s unit price). You can generally find an estimate of the fees applied in this way on your benefit statement.

Other fees

Administration fees may also apply to your account – read more about fees in the Member Guide (PDS) for your account.

No fees apply in Accumulate Plus or Retirement Access to switch investment options, and a buy-sell spread does not apply.