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Commonwealth Essential Super

Past 5-year return
New fund
Admin fee
$71
Calculated Fees on 50k
$471
Having your super visible in NetBank means you will never lose track of it again.
Check your balance and make changes when it suits you.
Competitive, easy to understand fees.
Straight-forward lifestage investment options which change with your age.
Support from our Super Concierge service to help bring all your super accounts together so you can save on fees.
Launched in July 2013, Commonwealth Bank Essential Super is a MySuper authorised solution that leverages the investment expertise of Colonial First State. Offered through the bank's online platform NetBank, Essential Super gives members the ability to view their super alongside their traditional transaction accounts. The Fund offers a mix of lifestage options that are tailored to suit the investment needs and risk profiles of investors based on their age. Choice members are also able to build their own investment portfolio by selecting from Balanced, Australian Shares and Cash options. Performance of the 1960s Lifestage option has been above the relevant SuperRatings Index over the short term. The fee structure is competitive across all account balances assessed, with no fees incurred when establishing or terminating an account. Buy/sell spreads do however form part of the fee structure.Eligible members automatically receive Death and Total & Permanent Disability (TPD) insurance upon joining. Insurance cover varies depending on member age and has the flexibility to be doubled, halved or removed at any time. A range of member services are available including online access and transaction functionalities, tools for super consolidation and communications directly through NetBank. Having a super balance visible in Netbank means members can easily track the development of their super as contributions are added.

Fees & fund features-0

Admin fee
Admin fee
$71
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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
$71
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.40%
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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