What the Researchers Say:

A "reasonable value for money" fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.
You should contact your financial adviser or this fund before making an investment decision.

  • MySuper Silver
Fund data valid as of July 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
5k $153 $154 -$1
50k $670 $612 $58
100k $1,245 $1,127 $118

Investment Allocation

Intl shares 25.0%
Aus shares 28.0%
Property 10.5%
Alternative 16.5%
Fixed interest 13.0%
Cash 7.0%

Fees & Charges

Administration Fee ($) $95
Administration Fee (%) 0.15%
Investment Fee 1.00%
Switching Fee $0
Exit Fee $60
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 74,693
Total Assets $1,331,295,000
Year Started 2013
Target Market Child Care
Offered to Public? Yes
Fund Type Master Trust-MySuper

Fund Highlights - provided by Child Care Super - MySuper

No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 9.80%
High Growth 12.70%
Conservative Balance 6.80%
  • 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

The Child Care Super Fund (CCSF) was established in 1997 to provide superannuation services to workers in the child care industry and is part of the Guild Retirement Fund. On 30 June 2010 the Fund's trustee, Guild Trustee Services Pty Limited, transferred the accrued benefits and entitlements of all existing members of the Australian Child Care Super Fund into the Child Care Super sub-plan of the Fund. Child Care Super is MySuper authorised.

The MySuper option is made up of three age-based investment options consisting of Building, Growing and Consolidating, which reduce growth assets as members get older. While limited performance history is currently available, the Growing Lifestage option has underperformed the SuperRatings Index over the 12 months to 30 June 2016. Child Care Super also offers 4 Diversified and 4 Single Sector options for choice members who prefer to choose their own investment mix.

Fees are competitive across all account balances assessed. The fee structure consists of member fees, asset based administration charges and investment fees. An exit fee of $60 and Buy/sell spreads also form part of the fee structure.

A full suite of insurance is available and members are automatically provided with Default Cover of Death and TPD, as well as Income Protection (IP) with a 5-year benefit period and a 90-day waiting period. Members may apply for additional Death only, Death and TPD, and IP (Standard or Long-Term IP) cover if required. IP insurance covers up to 85% of salary with a choice of 3 waiting periods and 2 benefit payment periods. The default IP benefit period of 5 years prevents the premiums from being displayed overleaf

Child Care Super provides members with access to financial planning services, EFTPOS solutions, super and pension planning calculators, and bi-annual account statements.