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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.
You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
  • 7 Year Platinum Performance
  • Infinity Recognised
Awards
Fund data valid as of October 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $553 $698 -$145
250k $2,453 $3,010 -$557
500k $4,828 $5,712 -$884

Investment Allocation

Intl shares 28.5%
Aus shares 26.5%
Property 10.0%
Alternative 21.0%
Fixed interest 11.0%
Cash 3.0%

Fees & Charges

Membership Fee $78
Asset Admin Fee 0.25%
Investment Fee 0.70%
Switching Fee $0
Exit Fee $55
Account Size Discount No
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 94,249
Total Assets $7,276,515,724
Year Started 2000
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by Australian Catholic Superannuation - Allocated Pension

Expertise through self administration.
Personalised customer service.
Member education (seminars, newsletters, trade exhibitions and articles).
Member online access.
Retirement seminars.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 1.74%
0.87%
11.27%
12.39%
15.81%
-0.67%
Fund
Benchmark
High Growth 3.29%
3.01%
-1.75%
0.82%
13.70%
13.21%
16.58%
17.79%
23.53%
22.59%
-6.94%
-3.09%
Fund
Benchmark
Conservative Balanced 1.15%
2.08%
2.48%
3.46%
8.14%
8.25%
10.28%
11.01%
12.53%
12.60%
1.88%
3.18%
Fund
Benchmark
Diversified Fixed Interest 0.54%
0.77%
5.67%
5.02%
2.18%
4.29%
4.88%
6.40%
6.03%
4.74%
6.37%
9.58%
Fund
Benchmark
Growth 2.04%
2.51%
0.07%
2.80%
12.77%
11.50%
14.40%
15.91%
19.04%
19.45%
-3.03%
-1.21%
Fund
Benchmark
Australian Shares 3.62%
3.52%
-0.81%
2.22%
7.41%
6.75%
17.78%
18.31%
22.27%
23.30%
-6.60%
-6.67%
Fund
Benchmark
Overseas Shares 2.87%
2.62%
-2.72%
-2.72%
19.64%
20.36%
15.12%
19.88%
24.44%
29.76%
-6.04%
-3.07%
Fund
Benchmark
Capital Stable 0.93%
1.36%
3.13%
3.64%
6.12%
6.35%
7.84%
8.17%
9.74%
9.14%
3.52%
4.79%
Fund
Benchmark
Property 1.45%
0.42%
9.68%
13.83%
9.34%
10.92%
10.88%
10.68%
9.38%
12.91%
10.18%
7.92%
Fund
Benchmark
Cash 0.72%
0.68%
2.30%
2.25%
2.90%
2.61%
3.47%
2.78%
4.53%
3.48%
5.52%
4.76%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2016, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

Australian Catholic Superannuation was initially established as an industry superannuation fund to provide retirement benefits to those who teach or work in Catholic schools and Church Agencies, with membership now open to the general public. Australian Catholic Superannuation's RetireChoice Pension has achieved a Platinum rating for the past 9 consecutive years and the fund is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.

Members are provided a choice of 11 investment options across Multi and Asset Specific strategies, while the Socially Responsible Balanced option caters to the ethical investor. The Balanced option has underperformed the SuperRatings Index over the short and long term.

Fees are competitive and lower than the industry average across all account balances assessed. No fees are charged for switching investments; however, an exit fee applies for withdrawals.

RetireChoice provides good flexibility, with members having the ability to receive payments weekly through to annually. Members can nominate the investment option(s) from which pension payments are to be taken and can commence drawdown of their pension on approach to retirement, via the Transition to Retirement Pension. Members can also select from reversionary pension, binding death nomination and non-binding lump sum death benefits.

A range of online tools, calculators and educational resources are available through the fund's website. The secure online facility; Member Online further allows members to view and update account details, as well as perform transactions, while the Australian Catholic Superannuation Super app provides convenient access to account information.


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