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Child Care Super - MySuper

Past 5-year return
New fund
Admin fee
$95
Calculated Fees on 50k
$670
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.
Child Care Super Fund is a MySuper authorised product that was established in 1997. Founded upon serving members in the child care industry, the fund has more than 75,000 members and service more than 16,000 employers.The fund provides a default MySuper Lifestage option or a MyMix Solution investment menu for members to choose from. The MySuper Lifecycle Investment Strategy places members in one of seven lifestage investments, which are based off the decade the member was born. Growth assets held within the investment strategy will automatically decline with age. The Growing Lifestage option has underperformed the SuperRatings Index over the two-year period to 30 June 2017.Fees are lower than the industry average across all assessed account balances. No switching fees is charged; however, a buy-sell spread may be charged and an exit fee will be deducted when making partial withdrawal or full exits from the fund. The Child Care Super account allows eligible members the ability to apply for up to $5 million of death cover and $3 million of TPD cover. Income Protection is also available for up to 85% of the salary (including a super contribution) to a limit of $30,000 per month. Eligible members are applicable to increase their voluntary death and TPD insurance upon certain life events without having to provide any additional underwriting.This product provides members with the ability to access their accounts at online, as well as access to a range of educational materials, calculators, and financial planning facilities online on the fund's website.

Fees & fund features

Admin fee
Admin fee
$95
Exit fee
Exit fee
$60
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.67%
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
$95
Exit fee
Exit fee
$60
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.67%
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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