Australian Ethical Super

Australian Ethical Retail Superannuation Fund - Account Based Pension

Past 5-year return
New
Admin fee

$97

Calc fees on 50k

$617

SuperRatings awards
GoldInfinity Recognised
Past 5-year return
New
Admin fee

$97

Calc fees on 50k

$617

SuperRatings awards
GoldInfinity Recognised

Pros and Cons

Pros and Cons

  • A full menu of Ethical investments with positive and negative screening
  • Investments which promote a sustainable and environmentally responsible society according with the Australian Ethical Charter
  • No-fees to transfer from Accumulation to Pension Fund
  • Free educational roadshows and seminars
  • Binding, Non Binding or reversionary beneficiary nominations

Summary

Australian Ethical was established in 1986 to promote ethical investments that adhere to the Australian Ethical Charter, with the Account Based Pension opening in 1998. Australian Ethical Super is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.Members have access to 6 Diversified and Single Sector investment options across a range of asset classes that align with the Australian Ethical Charter. The Balanced option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2020; however, outperformed over the shorter term. We note the option has a lower allocation to growth assets than a typical Balanced (60-76) strategy.Fees for this product are lower than the industry average across all assessed account balances, with administration fee discounts available to members with account balances over $250,000. No switching fees are applicable, although buy-sell spreads may be charged when changing investment options. A reasonable level of pension flexibility is provided to members, with multiple payment frequencies available ranging from monthly to annually. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Beneficiary options are comprehensive, including binding and preferred beneficiary nominations, as well as reversionary pensions. Australian Ethical Super provides members with access to advice services, the free education tool Money101, interactive tools and calculators, as well as the Good Money blog including a range of ethical investing newsletters. The fund’s member online further allows members to view and update their account details and perform transactions.

Features and Fees

Australian Ethical Super Fees and Features

    Pros and Cons

    • A full menu of Ethical investments with positive and negative screening
    • Investments which promote a sustainable and environmentally responsible society according with the Australian Ethical Charter
    • No-fees to transfer from Accumulation to Pension Fund
    • Free educational roadshows and seminars
    • Binding, Non Binding or reversionary beneficiary nominations

    Australian Ethical was established in 1986 to promote ethical investments that adhere to the Australian Ethical Charter, with the Account Based Pension opening in 1998. Australian Ethical Super is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.Members have access to 6 Diversified and Single Sector investment options across a range of asset classes that align with the Australian Ethical Charter. The Balanced option underperformed the relevant SuperRatings Index over the 10 years to 30 June 2020; however, outperformed over the shorter term. We note the option has a lower allocation to growth assets than a typical Balanced (60-76) strategy.Fees for this product are lower than the industry average across all assessed account balances, with administration fee discounts available to members with account balances over $250,000. No switching fees are applicable, although buy-sell spreads may be charged when changing investment options. A reasonable level of pension flexibility is provided to members, with multiple payment frequencies available ranging from monthly to annually. Members with more than one investment option can nominate the proportion of, or order in which, payments are to be drawn from each option. Beneficiary options are comprehensive, including binding and preferred beneficiary nominations, as well as reversionary pensions. Australian Ethical Super provides members with access to advice services, the free education tool Money101, interactive tools and calculators, as well as the Good Money blog including a range of ethical investing newsletters. The fund’s member online further allows members to view and update their account details and perform transactions.

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    Australian Ethical Super Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
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      INDUSTRY AVERAGE
      Investment allocation
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      AUSTRALIAN SHARES
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      Investment option performance
      CONSERVATIVE BALANCE
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
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