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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
Awards
Fund data valid as of May 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $94 $157 -$63
50k $472 $634 -$162
100k $892 $1,169 -$277

Investment Allocation

Intl shares 25.0%
Aus shares 25.0%
Property 10.0%
Alternative 25.0%
Fixed interest 10.0%
Cash 5.0%

Fees & Charges

Administration Fee ($) $52
Administration Fee (%) 0.22%
Investment Fee 0.62%
Switching Fee $28
Exit Fee $0
Account Size Discount Yes
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 47,833
Total Assets $5,987,473,133
Year Started 1980
Target Market Energy Industry
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by Energy Super - Accumulation

Energy Super is an industry super fund run only to benefit members. We are committed to offering our members:
Strong investment returns; -A wide range of investment options to suit different investors;
Access to financial advice, including convenient over the phone advice at no extra cost to members;
Products and services tailored specifically to the energy industry;
Continued regional access to our seminar program, covering a range of super and wealth management topics.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 5.76%
3.68%
9.55%
9.60%
13.55%
12.66%
15.04%
14.73%
0.54%
0.45%
9.17%
8.71%
Fund
Benchmark
Conservative Balance 4.85%
3.36%
7.50%
7.28%
10.72%
9.64%
11.35%
11.26%
2.91%
1.87%
8.55%
7.70%
Fund
Benchmark
Secure 1.90%
3.36%
2.38%
7.28%
3.08%
9.64%
3.49%
11.26%
4.25%
1.87%
5.29%
7.70%
Fund
Benchmark
Diversified Fixed Interest 4.59%
3.55%
Fund
Benchmark
Growth 6.00%
3.64%
10.96%
10.71%
15.45%
14.01%
18.18%
17.11%
-0.89%
-0.95%
10.43%
9.40%
Fund
Benchmark
Australian Shares 7.62%
4.38%
5.70%
5.70%
17.24%
16.77%
23.41%
21.07%
-8.02%
-6.15%
12.32%
11.00%
Fund
Benchmark
Overseas Shares 1.10%
1.37%
18.28%
19.16%
20.39%
17.63%
24.32%
26.14%
-2.93%
-2.45%
10.73%
5.86%
Fund
Benchmark
Capital Stable 4.58%
3.24%
6.29%
5.66%
8.11%
7.34%
8.65%
8.29%
4.57%
4.06%
7.44%
6.70%
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

Energy Super was established in 2011 as a result of a merger between ESI Super and SPEC Super. Being MySuper compliant and primarily focused on employees and their families in the energy industry, the fund's public offer status means that anyone is free to join regardless of occupation.

Members are able to select from a choice of 9 investment options, including a Socially Responsible option. The Balanced Option has outperformed the SuperRatings Index over the past 5 years.

Energy Super's fee structure is reasonably competitive across all account balances assessed. The administration fee is capped at $2,200 p.a. for account balances and spouse-linked accounts over $1 million for accounts that are not MySuper. An exit fee is charged to close an account and members receive one free investment switch each financial year.

A full suite of insurance is available for members. Income Protection (IP) insurance provides cover up to 90% of pre-injury income, plus 10% in superannuation contributions for two years and then 85% of income plus a 15% superannuation contribution to age 65. Former members of ESI Super or SPEC Super may have different TPD or IP arrangements.

Energy Super provides in-house financial planning to all members, with the first consultation free of charge. Access to reduced-cost banking products and health insurance is also provided, in addition to the Energy Super Webinar and Seminar series which can be booked online.