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Commonwealth Essential Super - MySuper

Past 5-year return
New fund
Admin fee
$71
Calculated Fees on 50k
$506
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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.
Commonwealth Essential Super was established in 2013 to service the retirement needs of members from a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership.Commonwealth Essential Super‘s Lifestage Strategy is the fund’s default option. Members automatically transition through 7 lifestage investment options, that increase the allocation to defensive asset classes as they get older. Members who wish to make an investment choice may also select from a Balanced option, an Australian Shares option or Cash option. The 1960s Lifestage option underperformed the relevant SuperRatings Index over the 5 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed. There are no switching or exit fees, although a buy-sell spread may apply.Commonwealth Essential Super offers eligible members up to $400,000 of Death and Total & Permanent Disability insurance cover. Members have the choice to change or cancel their insurance cover at any time. No income protection is available with this product.Commonwealth Bank members may link their Essential Super account with their bank account and are provided a range of convenient services including transactional functionalities, super consolidation tools and communications directly through NetBank.
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Fees & fund features

Admin fee
Admin fee
$71
Administration fee (%)
Administration fee (%)
0.35%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.12%
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
Administration fee (%)
Administration fee (%)
0.35%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.12%
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
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