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Australian Ethical Retail Superannuation Fund - MySuper

Past 5-year return
9.02%
Admin fee
$97
Calculated Fees on 50k
$662
Extensive investment menu.
No contribution or switching fees.
Free educational roadshows and seminars.
Beneficiary nomination - Binding or Non Binding (preferred).
Variable insurance options (Death, Death & Total & Permanent Disablement (TPD) and IP).
Default employer insurance cover.
Australian Ethical was established in 1986 to promote ethical investments that adhere to the Australian Ethical Charter. The fund has continued to be Infinity Recognised, in recognition of its strong commitment to environmental and social investment principles. As the winner of the 2018 Fast Mover award, Australian Ethical is the fastest growing superannuation fund in the industry, driven by strong product positioning, promotion and distribution strategies. The Balanced option is the fund's default MySuper offering, and it has underperformed the SuperRatings Index over the short and long term. Choice members can also access to an additional 6 Diversified and Single Sector investment strategies.Fees for the Balanced option are lower than the industry average across all assessed account balances. Furthermore, members within larger employer plans may be eligible for administration fee discounts. No switching fees are applicable, although buy-sell spreads may be charged for changing investment options. Exit fees also apply for partial or full withdrawals.Default Death & TPD cover is provided to eligible members upon joining the fund. Members can also apply for unlimited Death Only cover and up to $5 million of TPD cover. Income Protection (IP) insurance is also available, covering up to 85% of salary, or a maximum of $30,000 per month, with benefit payment periods of 2 years, 5 years or to age 65.Australian Ethical is moving to a new administrator, Mercer, with enhanced website functionality, a brand new and mobile friendly online account to be introduced in early December 2017.

Fees & fund features

Admin fee
Admin fee
$97
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.64%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$97
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.64%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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