Media Super: Investments, performance and fees
Media Super is an industry fund for employees in Australia’s print, media, creative or digital sectors.
Media Super performance and fees
When joining the fund you'll be placed in the MySuper Balanced option initially which is the default option, however you can switch to another investment option at any time.
Key features of Media Super
- Designed for those working in the media sector. Media Super is an industry fund for those working in the media, creative and digital sectors, however it is now open to everyone to join.
- Default insurance options. Eligible members will get default insurance cover when joining the fund with no medical exams.
- MySuper product. The MySuper Balanced investment option is the default investment option for all members when joining the fund, unless you choose otherwise.
- Pre-mixed investment options. Members can choose between a range of different pre-mixed investment options that each have a different risk level and asset allocation.
- Indexed option. One of the pre-mixed investment options, Indexed Balanced, invests in index funds on listed stock exchanges.
Media Super pre-mixed investment options
Members can choose between these pre-mixed, diversified investment options depending on the level of risk you want to take on. If you don't make an investment choice, you'll be placed in the MySuper Balanced option, which is the default MySuper investment product designed to suit most members.
Investment option | Risk level |
---|---|
Stable This option has the lowest level of investment risk and invests largely in fixed interest and cash. It's designed for members looking to protect their balance, with some growth over the medium term. | Low to Medium |
Moderate Growth This option has a more even balance between growth and defensive assets compared to the Stable option. It's designed for members who aren't comfortable taking on too much risk and who wish to avoid market fluctuations in the short term, while still gaining some level of capital growth. | Medium |
Balanced Indexed This option has a similar risk level and asset allocation to the MySuper Balanced option, however, this option seeks to invest in low-cost indexed investments (so it's lower cost than actively managed options). | High |
MySuper Balanced This is the default investment option designed to suit most members. It's where you'll be invested if you don't make an investment preference. It has a focus on growth over the medium to long term. | Medium to High |
Growth This option provides more allocation to growth assets than the previous options, and may suit members looking for more exposure to shares. It's designed for members with a longer investment timeframe of at least 10 years, or members with a higher risk tolerance. | High |
High Growth This option invests almost entirely in growth assets, with the majority of your balance invested in Australian and international shares, property and infrastructure. It's the most high-risk investment option available, and aims to achieve higher returns over the long term. It's designed for members seeking higher long-term growth. | High |
Sector investment options
If you want more control over super, you can put together your own investment mix using one or more of the following individual sector options.
- Australian Shares
- International Shares
- Sustainable Future Shares
- Property
- Fixed Interest
- Cash
Media Super default insurance cover
Eligible members will receive the following default insurance cover when joining:
- Death: This cover provides a lump sum payment to your nominated beneficiaries in the event of your death.
- Total and Permanent Disablement (TPD): This cover provides a lump sum payment to you in the event that you become permanently disabled.
- Income Protection: This cover is paid out in the even you can't work and lose your income.
You'll get a default, basic level of cover for the above insurances, however you can apply to increase your level of cover at any time if you think it's the right choice for you. You can also opt out of all insurance cover all together.
How to join Media Super
You can join online by completing the application form on Media Super's website. The application form should take you around 10-20 minutes to complete, and you'll need to provide the following bits of information:
- Your full name, date of birth and contact information
- Your Australian residential address
- Your phone number and email address
- Your tax file number (TFN)
- Your chosen investment option (if you want to invest in something other than the Balanced option) and insurance cover
- Details of your existing super fund if you'd like to consolidate your super
Once your application has been completed successfully, you'll receive your membership details by email. You can then give these to your employer so they can start paying your superannuation guarantee payments into your new fund.
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