Consolidate your super. GROW can help search for any lost super you may have. Once found, GROW can consolidate it into your new account so it’s all in one place.
Invest spare change. You have the option to round up your everyday transactions to the nearest $1 or $2 and add this spare change to your super.
Invest in industries you care about. The tactical tilt investment option allows you to invest in industries you’re passionate about, for example tech, startups or sustainable companies.
Expert investment managers. Your money is managed by Dimensional Fund Advisors.
Mobile app available. GROW offers a streamlined mobile app, so you can easily keep an eye on, top up or switch your super on the go.
Investment options
GROW offers eight core investment options, including a MySuper product, and five Tactical Tilt options. Core options are managed on your behalf, and you can select one based on your risk appetite and asset allocation preferences. Tactical Tilt options can be added to your investment to work in conjunction with your chosen core option. You must have at least 85% of your investment in a core option with a maximum of 15% in Tactical Tilt options.
See details of the various investment options in the following tables. GROW Super is a new product so past performance data is not yet available.
Core investment options
Core option
Risk level
Asset mix
GROW MySuper (default option)
High
Cash: 2–42%
Fixed interest: 8–41%
Australian equities: 22.5–45%
International equities: 22.5–45%
Property: 0%
GROW 30
Low to medium
Cash: 0–5%
Fixed interest: 65–75%
Australian equities: 8–14%
International equities: 13–22%
Property: 1–4%
GROW 40
Medium
Cash: 0–5%
Fixed interest: 55–65%
Australian equities: 10–18%
International equities: 17–29%
Property: 1–5%
GROW 50
Medium
Cash: 1–5%
Fixed interest: 45–55%
Australian equities: 13–23%
International equities: 21–36%
Property: 1–6%
GROW 60
Medium to high
Cash: 0–5%
Fixed interest: 35–45%
Australian equities: 16–28%
International equities: 25–43%
Property: 1–7%
GROW 70
Medium to high
Cash: 0–5%
Fixed interest: 25–35%
Australian equities: 18–23%
International equities: 29–50%
Property: 1–8%
GROW 80
High
Cash: 0–5%
Fixed interest: 15–25%
Australian equities: 21–37%
International equities: 34–58%
Property: 2–10%
GROW 100
Very high
Cash: 0–5%
Fixed interest: 0%
Australian equities: 26–46%
International equities: 42–72%
Property: 2–12%
Tactical Tilt investment options
Tactical Tilt option
Risk level
Investment strategy and asset mix
Industrial Tech
Very high
Fast-growing, innovative global companies.
Cash: 0–5%
International equities: 95–100%
Future Internet
Very high
Global companies on the leading edge of internet innovations.
Cash: 0–5%
International equities: 95–100%
Global Sustainability
Very high
Global companies with a focus on environmental and sustainability impact.
Cash: 0–5%
International equities: 95–100%
Green Energy
Very high
Companies that produce energy from solar, wind and renewable sources.
Cash: 0–5%
International equities: 95–100%
Global Property
High
Listed international and local real estate securities.
Cash: 0–5%
Property: 95–100%
Fees: GROW MySuper investment option
Admin fee: + 0.83% of balance.
ICR: 0.5%
Annual fees on $50,000 balance: $665
You can switch your Tactical Tilt investment option a maximum two times a year for free, and after this there is a $25 fee per trade.
Insurance
When joining GROW Super you’ll automatically receive death (including terminal illness) and total permanent disability (TPD) cover. The level and cost of this cover will depend on your personal circumstances. You can choose to increase your level of default cover or add income protection cover at any time.
Pros and cons
Pros
Mobile app available
MySuper product available
Invest your spare change
Invest in industries you care about
Customise and self-select your insurance
Cons
Closed to new members - only open for existing members
Less control over asset allocation than some other funds
Can only switch investment options for free twice a year, after which a fee applies
How do I apply?
Unfortunately GROW Super is closed to new members. If you're an existing member, you can still maintain your super account and switch your investment options.
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.
Going on parental leave will impact your super. Here are the rules for super on parental leave and how to look after your super balance while you're off work.
Hostplus and HESTA are two popular industry super funds, but which is right for you? We've compared their fees, investment options and performance side by side to help you choose.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles
We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.
Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money.
When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.
Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.
