CommBank Essential Super: Low fees, 24/7 online tracking

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CommBank Essential Super options

1 - 19 of 19

Name	Last 1 year performance (p.a.)	Last 3 year performance (p.a.)	Last 5 year performance (p.a.)	Last 10 year performance (p.a.)	Fees on $50k balance (p.a.)
Essential Super - Lifestage Lifestage	Last 1 year performance (p.a.) +11.82%	Last 3 year performance (p.a.) +5.61%	Last 5 year performance (p.a.) +6.48%	Last 10 year performance (p.a.) +7.24%	Fees on $50k balance (p.a.) $380	More Info Compare
Essential Super - 1945-49 Lifestage Lifestage	Last 1 year performance (p.a.) +6.57%	Last 3 year performance (p.a.) +2.82%	Last 5 year performance (p.a.) +3.47%	Last 10 year performance (p.a.) +4.41%	Fees on $50k balance (p.a.) $395	More Info Compare
Essential Super - 1955-59 Lifestage Lifestage	Last 1 year performance (p.a.) +6.59%	Last 3 year performance (p.a.) +2.82%	Last 5 year performance (p.a.) +3.44%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $395	More Info Compare
Essential Super - 1960-64 Lifestage Lifestage	Last 1 year performance (p.a.) +6.79%	Last 3 year performance (p.a.) +2.8%	Last 5 year performance (p.a.) +3.77%	Last 10 year performance (p.a.) +5.34%	Fees on $50k balance (p.a.) $395	More Info Compare
Essential Super - 1965-69 Lifestage Lifestage	Last 1 year performance (p.a.) +10.53%	Last 3 year performance (p.a.) +4.96%	Last 5 year performance (p.a.) +5.63%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $385	More Info Compare
Essential Super - 1975-79 Lifestage Lifestage	Last 1 year performance (p.a.) +12.87%	Last 3 year performance (p.a.) +6.15%	Last 5 year performance (p.a.) +6.85%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $375	More Info Compare
Essential Super - 1980-84 Lifestage Lifestage	Last 1 year performance (p.a.) +13.21%	Last 3 year performance (p.a.) +6.31%	Last 5 year performance (p.a.) +6.99%	Last 10 year performance (p.a.) +7.54%	Fees on $50k balance (p.a.) $375	More Info Compare
Essential Super - 1985-89 Lifestage Lifestage	Last 1 year performance (p.a.) +13.36%	Last 3 year performance (p.a.) +6.41%	Last 5 year performance (p.a.) +7.04%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $375	More Info Compare
Essential Super - 1990-94 Lifestage Lifestage	Last 1 year performance (p.a.) +13.28%	Last 3 year performance (p.a.) +6.41%	Last 5 year performance (p.a.) +7.09%	Last 10 year performance (p.a.) +7.64%	Fees on $50k balance (p.a.) $370	More Info Compare
Essential Super - 1995-99 Lifestage Lifestage	Last 1 year performance (p.a.) +13.29%	Last 3 year performance (p.a.) +6.44%	Last 5 year performance (p.a.) +7.15%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $370	More Info Compare
Essential Super - 2000-04 Lifestage Lifestage	Last 1 year performance (p.a.) +13.35%	Last 3 year performance (p.a.) +6.52%	Last 5 year performance (p.a.) +7.19%	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $380	More Info Compare
Essential Super - Australian Shares Index Higher risk	Last 1 year performance (p.a.) +9.03%	Last 3 year performance (p.a.) +7.47%	Last 5 year performance (p.a.) +7.91%	Last 10 year performance (p.a.) +7.78%	Fees on $50k balance (p.a.) $145	Compare
Essential Super - Balanced Index	Last 1 year performance (p.a.) +7.68%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $155	Compare
Essential Super - Cash Deposit	Last 1 year performance (p.a.) +3.95%	Last 3 year performance (p.a.) +2.23%	Last 5 year performance (p.a.) +1.51%	Last 10 year performance (p.a.) +1.52%	Fees on $50k balance (p.a.) $80	Compare
Essential Super - Global Property Securities Index Higher risk	Last 1 year performance (p.a.) -1.12%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $160	Compare
Essential Super - Global Shares Index Higher risk	Last 1 year performance (p.a.) +17.34%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $160	Compare
Essential Super - High Growth Index Higher risk	Last 1 year performance (p.a.) +10.46%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $155	Compare
Essential Super - Lifestage 2005-09 Higher risk	Last 1 year performance (p.a.) +13.59%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $375	Compare
Essential Super - Thrive+ Sustainable Growth	Last 1 year performance (p.a.) +10.14%	Last 3 year performance (p.a.) N/A	Last 5 year performance (p.a.) N/A	Last 10 year performance (p.a.) N/A	Fees on $50k balance (p.a.) $595	Compare

Showing 19 of 19 results

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

Key things to know about CommBank Essential Super

MySuper product. The default Lifestage option is a registered MySuper product.
Lifestage investment option. The Lifestage investment option does all the work for you, investing your balance in a mix of assets appropriate for your age.
Four ways to invest. Members can choose from four different ways to invest their super balance.
Partnership with Colonial First State. Commbank has partnered with Colonial First State to offer Essential Super products.

CommBank Essential Super investment options

If you didn't make a choice when joining the fund, you would have been placed in the Lifestage option, which is the default MySuper product. This option invests your super in a diversified portfolio that's appropriate for your age and stage of life.

The fund managers will adjust your asset allocations each four to five years, so your portfolio moves from higher risk when you're young to more conservative as you approach retirement.

Here's an example:

Investment option	Risk level	Target asset allocation
Lifestage 1975-79 (This is what you'd be invested in if you were born between 1975 to 1979)	High	Cash: 2% Fixed interest: 6% Property, infrastructure and multi-asset: 20% Australian shares: 36% Global shares: 36%

Investment option

Risk level

Target asset allocation

Lifestage 1975-79

(This is what you'd be invested in if you were born between 1975 to 1979)

High

Cash: 2%
Fixed interest: 6%
Property, infrastructure and multi-asset: 20%
Australian shares: 36%
Global shares: 36%

The asset allocation will change slightly depending on what year you were born.

Other investment options

Once you've signed up you have the option to invest your super in different ways based on your goals and appetite for risk.

What default insurance cover does Essential Super offer?

All members will receive default Death and Total and Permanent Disablement (TPD) cover when joining. You can choose to opt out of insurance when joining or any time after joining.

Thank you for your feedback!

Written by

Alison Banney

Editor

Alison Banney is the money editorial manager at Finder. She covers all areas of personal finance, and her areas of expertise are superannuation, banking and saving. She has written about finance for 10 years, having previously worked at Westpac and written for several other major banks and super funds. See full bio

Alison's expertise

Alison has written 652 Finder guides across topics including:

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4 Responses

CKAugust 10, 2023

Hi !
I am not aware of the troubles with the poor performaning & miserable Combank Essential Super, my I know how to switch over to another super such as Hostplus ?
Thank You
TEE

Finder

AlisonAugust 15, 2023Finder

Hi, you can learn how to change super funds in 4 steps in or guide here: https://www.finder.com.au/super-funds/how-to-change-super-funds
Thanks.

NavneetNovember 1, 2017

Hi there. Actually I wanna claim my essential super and I just wanna know my essential super fund number. Can u please help me to find out? Thanks.

Finder

JhezelynNovember 1, 2017Finder

Hi Navneet,

Thank you for your comment.

To claim, please contact Commonwealth Bank of Australia for Essential Super or visit the nearest branch.

Regards,
Jhezelyn

CommBank Essential Super: Performance, features and fees

CommBank's Lifestage investment option is a MySuper product that invests your super in line with your age.

CommBank Essential Super options

Key things to know about CommBank Essential Super

CommBank Essential Super investment options

Other investment options

What default insurance cover does Essential Super offer?

Alison Banney

More guides on Finder

Ask a question

4 Responses

CommBank Essential Super: Performance, features and fees

CommBank's Lifestage investment option is a MySuper product that invests your super in line with your age.

CommBank Essential Super options

Key things to know about CommBank Essential Super

CommBank Essential Super investment options

Other investment options

What default insurance cover does Essential Super offer?

Alison Banney

More guides on Finder

Ask a question

4 Responses

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