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Mine Super

Mine Super

Mine Super is an industry super fund for members in the mining industry. It's default investment option is a MySuper lifecycle option that invests in line with your age.

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Mine Super performance and fees

When joining the fund you'll be placed in the High Growth option initially if you're under 50, however you can switch to another investment option at any time.

1 - 10 of 10
Name Product 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.)

Mine Super Balanced

Mine Super Balanced

Mine Super Aggressive

Mine Super Aggressive

Mine Super Property

Mine Super Property
This is a high-risk investment option that aims to deliver higher returns over the long term.

Mine Super Growth

Mine Super Growth

Mine Super Stable

Mine Super Stable

Mine Super Bonds

Mine Super Bonds

Mine Super Int'l Shares

Mine Super Int'l Shares
This is a high-risk investment option that aims to deliver higher returns over the long term.

Mine Super Aust Shares

Mine Super Aust Shares
This is a high-risk investment option that aims to deliver higher returns over the long term.

Mine Super High Growth

Mine Super High Growth

Mine Super Conservative

Mine Super Conservative

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The information in the table is based on data provided by Chant West Pty Ltd (AFSL 255320) which is itself supplied by third parties. While such information is believed to be accurate, Chant West does not accept responsibility for any inaccuracy in such information. Chant West’s Financial Services Guide is available at https://www.chantwest.com.au/financial-services-guide . Finder offers no guarantees or warranties about the data and we recommend that users make their own enquiries before relying on this information. Performance, fees and insurance data is based on each fund's default MySuper product. Where the performance, fees and insurance data for the MySuper fund vary according to the member's age, results for individuals between 40-49 years of age have been shown. Past performance is not a reliable indicator of future performance.

Key features of Mine super

  • Originally designed for those working in mining. Mine Super is an industry fund for those working in the mining sector, however it is now open to everyone to join.
  • Tailored insurance options. Mine Super has tailored insurance options for people working in the mining sector.
  • MySuper product. The MySuper option will invest you in a High Growth fund while you're young, and a conservative fund when you're closer to retirement.
  • Pre-mixed investment options. Members can choose between four different pre-mixed investment options that each have a different risk level and asset allocation.

Mine Super pre-mixed investment options

Members can choose between these four 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 High Growth option while you're under 50, which is the default MySuper investment product.

Investment optionRisk levelTarget asset allocation

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.

  • Growth: 47%
  • Defensive: 63%
Conservative Balanced

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 to High
  • Growth: 54%
  • Defensive: 44%

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.

  • Growth: 82%
  • Defensive: 18%
High Growth

This option invests entirely in growth assets, with almost 90% of your balance invested in Australian and international shares. It's the most high-risk investment option available, and aims to achieve higher returns over the long term. This is where your super will automatically be invested while you're under 50 (unless you choose otherwise).

  • Growth: 95%
  • Defensive: 5%

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
  • Property
  • Bonds
  • Cash
  • Term Deposit

Mine 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 Mine Super

You can join online by completing the application form on Mine 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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2 Responses

  1. Default Gravatar
    BWFJuly 19, 2017

    2 questions the first how did mine and wellbeing super preform against other super funds 2016/17 ? The second how does family trusts work ?

    • Default Gravatar
      JonathanAugust 2, 2017

      Hello BWF,

      Thank you for your inquiry.

      We have a comparison page for superannuation funds in Australia. Please take note that the sites listed may measure the funds in a different manner from each other. Some of them may compute returns prior fees while others would be returns after fees. Also, relative definitions may be used such as top-rated funds (which means in some that they have returns of not less than 10%).

      It would still be recommended to talk with your employer to check your super funds’ options or to a qualified financial adviser who will take into consideration your goals and risk appetite.

      Hope this helps.


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