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HUB24 Super Fund - Personal Super (Choice Menu)

Past 5-year return
6.80%
Admin fee
$530
Calculated Fees on 50k
$983
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Allows advisers to design solutions aimed at meeting retirement, savings and insurance needs.
Underpinned by HUB24's award-winning investment and superannuation platform which offers broad product choice and an innovative experience for advisers and investors.
Flexible technology.
HUB24 Super is a superannuation platform offering enhanced transaction and reporting solution to members. This product can only be accessed through the appointment of an authorised financial adviser acting on behalf of the member, requiring a minimum initial investment of $20,000 to commence membership. The Choice Menu offers members access to a range of single-sector and multi-sector managed portfolios, managed funds, Australian and international listed securities and term deposits. The Russell Balanced Fund Class A option outperformed the SuperRatings Index over the 10 year period to 30 June 2018; however, underperformed over the shorter term.Fees for the Choice Menu are higher than the industry average across all account balances assessed and include a $180 account keeping fee. However, the asset-based administration fee is reduced on account balances greater than $250K and capped at $5,150 pa. Advisers and dealer groups may also negotiate a discount on the administration fee. Members are able to switch investment options and make withdrawals at no cost.A full suite of insurance cover is available including Death, Total & Permanent Disablement (TPD) cover and Income Protection (IP) cover. IP is offered with a choice of benefit payment periods of 2 years, 5 years or to Age 65 with 30, 60 or 90 day waiting periods. Eligible members may apply for up to 5% Family Linking Discounts and up to 10% Large Sum Insured Discounts on their insurance premiums. Members can also apply for tailored insurance arrangements through their financial advisers from 4 external providers to supplement the group insurance options. The fund's InvestorHUB allows members to track and manage their accounts online, as well as view all transactions, valuations and a variety of other reports. A range of publications, factsheets and educational webinars are available from the website.
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Fees & fund features

Admin fee
Admin fee
$530
Administration fee (%)
Administration fee (%)
0.04%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.87%
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
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
$530
Administration fee (%)
Administration fee (%)
0.04%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.87%
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
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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