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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 July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $126 $156 -$30
50k $553 $627 -$74
100k $1,028 $1,155 -$127

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

Administration Fee ($) $78
Administration Fee (%) 0.25%
Investment Fee 0.70%
Switching Fee $0
Exit Fee $55
Account Size Discount No
Employer Size Discount No

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 93,820
Total Assets $6,978,570,713
Year Started 1981
Target Market Catholic Workplaces
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by Australian Catholic Superannuation

Expertise through self administration.
Personalised customer service.
A choice of 11 investment options with control over existing and future contributions.
Access to cheap insurance products through ISInsured.
Member education (seminars, newsletters, Trade exhibitions and articles).
Secure online member access to account details.
Workplace presentations a key focus.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.29%
2.65%
0.12%
2.81%
9.60%
9.60%
10.75%
12.66%
13.69%
14.73%
-1.09%
0.45%
Fund
Benchmark
High Growth 4.11%
3.67%
-2.92%
0.68%
11.66%
11.66%
14.66%
15.76%
20.54%
20.40%
-7.07%
-3.15%
Fund
Benchmark
Conservative Balance 1.63%
2.01%
1.82%
2.82%
6.89%
7.28%
8.86%
9.64%
10.97%
11.26%
1.45%
1.87%
Fund
Benchmark
Diversified Fixed Interest 0.86%
0.65%
4.81%
4.43%
1.85%
3.93%
4.14%
5.52%
5.15%
4.65%
5.51%
8.94%
Fund
Benchmark
Growth 2.72%
3.18%
-0.77%
2.10%
10.92%
10.71%
12.56%
14.01%
16.38%
17.11%
-3.35%
-0.95%
Fund
Benchmark
Australian Shares 5.80%
5.68%
-2.73%
1.50%
5.26%
5.70%
15.96%
16.77%
20.04%
21.07%
-8.43%
-6.15%
Fund
Benchmark
Overseas Shares 2.52%
2.74%
-3.08%
-2.30%
17.15%
19.16%
13.18%
17.63%
21.09%
26.14%
-5.25%
-2.45%
Fund
Benchmark
Capital Stable 1.17%
1.32%
2.50%
3.36%
5.13%
5.66%
6.64%
7.34%
8.30%
8.29%
2.86%
4.06%
Fund
Benchmark
Property 0.05%
2.21%
8.15%
12.55%
7.99%
10.78%
9.46%
9.09%
8.30%
10.99%
8.41%
7.12%
Fund
Benchmark
Cash 0.16%
0.16%
1.95%
1.90%
2.46%
2.25%
2.94%
2.42%
3.88%
2.94%
4.71%
4.04%
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 30/06/2015, 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 continues to provide excellent value to their members, securing the SuperRatings Platinum rating for the eighth consecutive year. The fund is also Infinity Recognised for the fifth consecutive year for demonstrating excellent environmental and social principles.

The employer sponsored plan provides a choice of 11 investment options across Multi and Asset Specific strategies while the Socially Responsible Balanced option caters to the ethical investor. The default MySuper Balanced option outperformed the industry median in 2015 while long term returns sit below the SuperRatings Index.

Fees are competitive across all account balances assessed.

The competitively priced insurance package provides automatic Death, Total & Permanent Disablement (TPD) and Income Protection (IP) cover. Automatic Acceptance Limits (AAL) provide good value and members have the ability to double their cover (subject to conditions) without providing medical evidence. IP provides 85% salary coverage, with 3 waiting periods and benefits payable over 2 years, 5 years or to age 65.

The fund's website provides registration facilities for member seminars, educational material and fee-for-service financial planning.


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