Members will automatically be invested in the Balanced option initially, and will be able to switch investment options at any time after joining the fund.
Unless indicated otherwise, the information in the table is based on data provided by SuperRatings Pty Limited ABN 95 100 192 283, a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, Australian Financial Services Licence No. 421445.
*Past performance data and fee data is for the period ending Apr 2024
| Response | |
|---|---|
| 3 | 42.81% |
| 4 | 23.13% |
| 1 | 13.68% |
| 5 | 11.81% |
| 2 | 8.56% |
Australian Ethical Super offers members a choice between seven pre-mixed diversified investment funds. Which one you choose will depend on how you want your money invested and also the level of risk you want to take. Although each option invests differently, each option has a focus on ethical investments.
If you don't make a choice, or don't want to choose, you'll be placed in the Balanced option which is Australian Ethical Super's default MySuper product.
| Investment option | Risk level | Target asset allocation |
|---|---|---|
| Australian Ethical Super Defensive This is the lowest-risk investment option, and may best suit members wanting a low risk of capital loss and low volatility. It's designed for members with a short investment timeframe (i.e. close to, or during, retirement). | Very low |
|
| Australian Ethical Super Conservative This is the second lowest-risk investment option, designed for members wanting to protect their balance with a little bit of growth. Around three quarters of your balance is invested in defensive assets. | Low to Medium |
|
| Australian Ethical Super Balanced This is the default investment option and is a MySuper-authorised product. It aims for a balance between growth and defensive assets, with around three quarters of your balance invested in growth assets including shares. | Medium to High |
|
| Australian Ethical Super Growth This option aims to achieve higher returns than the default Balanced option over the long term, however with a bit more risk and volatility in the short term. It has a higher allocation towards shares, and is designed for members with a longer investment timeframe. | High |
|
| Australian Ethical Super Australian Shares This is a high-risk option that invests almost completely in Australian and New Zealand shares (with no more than 20% allocation in New Zealand shares). It doesn't invest in international shares, or any other asset classes other than a very small cash allocation. | Very High |
|
| Australian Ethical Super International shares This is a high-risk option that invests almost completely in international shares. It doesn't invest in Australian or New Zealand shares, or any other asset classes (it does have a very small cash allocation). | High |
|
| Australian Ethical Super High Growth This is a high-risk option that invests in Australian shares, international shares, property and alternatives to provide long term growth. | High |
|
You will automatically receive Default Cover which is made up of Death and TPD Cover as a member of Australian Ethical Super when you join the fund and you meet certain eligibility conditions.
You won't be required to complete medical forms or to have medical examinations to receive Default Cover, however you will be subject to new events cover limitations.
To be eligible for Default Cover, you will need to meet all of the following eligibility conditions:
If you're aged between 15 and 24, or you are aged under 65 with an account balance of less than $6,000, you can opt-in to receive Default Cover.
Insurance premiums are deducted from your super account monthly and will vary based on the amount of cover you have under the Default Cover scale, your age, sex at birth, and occupation category. You can choose to increase or decrease your level of Default Cover or you can also cancel insurance all together at any time.
You can become a member of Australian Ethical Super by filling out the online application form on its site. The process will only take about 15-20 minutes to complete if you have a few things on hand before you begin.
You'll need to provide:
Once this is done and Australian Ethical Super has successfully verified your identity online, you'll be sent the details of your new account. If you'd like your employer to make your compulsory super payments into this fund, make sure to give your employer your Australian Ethical Super account details.
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What are the annual fees on a portfolio of $1,200,000.00?
Hi Cate,
The fees will depend on which investment option you are in. There is an annual admin fee of $68 + 0.25% of your account balance, plus investment fees that range from 0.20% p.a. – 1.15% p.a. depending on your investment option. As an example, the standard Balanced option has investment fees of 0.74% p.a.
Thanks,
Alison