Picture not described

Spaceship Super | Performance, features and fees

Spaceship Super offers two high growth investment portfolios that both have a strong focus on Australian and international shares.

No reviews yet. Write a review

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Spaceship Super performance and fees

You'll automatically be invested in the GrowthX option when you join Spaceship, however you're able to switch investment options at any time.

1 - 2 of 2
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.)

Spaceship GrowthX

Spaceship GrowthX
+12.31%
+19.14%
New Fund
New Fund
$536
This is a high-risk investment option that aims to deliver higher returns over the long term.
Spaceship's GrowthX fund invests heavily in technology ETFs with high exposures to Australian and international shares. Performance figures and fees supplied by Spaceship, not Chant West.

Spaceship Global Index

Spaceship Global Index
+23.1%
+16.03%
New Fund
New Fund
$368
This is a high-risk investment option that aims to deliver higher returns over the long term.
The Global Index option is a high risk, high growth fund that invests very heavily in international shares. It's an index investment option so it's passively managed and has lower fees compared to the Spaceship GrowthX fund. Performance figures and fees supplied by Spaceship, not Chant West.
loading

Compare up to 4 providers

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.

What are the key features of Spaceship Super?

Spaceship offers the following features and benefits to its members:

  • Two investment choices. Spaceship offers two different investment options, both with a heavy investment allocation towards shares.
  • A focus on technology. Spaceship's tagline is "invest where the world is going, not where it's been". This reflects the fund's preference for investing in technology stocks rather than in other asset classes.
  • Long-term investment strategy. Spaceship's investment options, GrowthX and Global Index, are both high risk due to their heavy investment in shares. They're designed to suit the needs of members with a long-term investment timeframe of ten years or more.
  • Online application and rollover. You can sign up for a Spaceship account online and easily roll over your existing super balance into your new account.
  • Designed for 20 to 40-year-olds. While you're able to join Spaceship at any age, Spaceship is targeted at Australians in the 20–40 years demographic and all investment decisions are designed to suit the financial objectives of people in this age range.
  • App-based fund. Spaceship offers a modern app where you can keep up to date with your super, easily make contributions and track performance.
Go to site

More details on Spaceship Super investment options

Spaceship offers two investment options to help you build towards your financial goals for retirement. Check out the tables below for a full run-down of the features of Spaceship's GrowthX and Global Index investment options.

Investment optionRisk levelAsset allocation
GrowthX

This option may suit investors who are willing to accept a higher level of risk to achieve increased returns over the longer term, with some volatility in the short term. This investment option has a strong focus shares, particularly technology companies in Australia and globally.

High risk (level 6)
  • Growth: 93%
  • Defensive: 7%
Global Index

This option may also suit investors who are willing to accept a higher level of risk, more exposure to international stocks and want to invest in an index. This investment option invests more heavily in international shares compared to the GrowthX option, and has around 80% of its balance invested in global shares. It's an index investment option so it's passively managed and has lower fees.

High risk (level 6)
  • Growth: 93%
  • Defensive: 7%

What insurance is offered with Spaceship Super?

Spaceship does not offer any insurance to members. Make sure you're aware of the risks associated with investing your super in a fund that does not provide insurance before deciding whether Spaceship is right for you. In addition, remember to consider the insurance benefits you will lose if you roll over super from another fund into your Spaceship account.

Pros and cons of Spaceship Super

Pros

  • High growth investment options with high performance returns
  • Annual fees are less than others in the market
  • Simple investment strategy that's easy to understand and managed on your behalf

Cons

  • Only two investment options to choose between
  • Spaceship is not a MySuper-authorised super product
  • No insurance cover

How do I join Spaceship Super?

If you've compared a range of options and you'd like to apply for a superannuation account with Spaceship, click the green 'Go to Site' button on this page. You'll be taken to the Spaceship website where you can access the PDS and also complete an online application.

You'll need to provide:

  • Personal details. You must supply your name, address, date of birth and contact information.
  • Tax File Number (TFN). While supplying your TFN is not compulsory, doing so ensures that your contributions and benefits will be taxed at the lowest possible rate.
  • Previous super fund details. If transferring to Spaceship from another super fund, you'll need to provide details of your current fund.

Along with your completed application form, you'll also need to submit an authority to facilitate a payment into your new Spaceship account.

You'll be sent a Welcome Pack confirming Spaceship's receipt of your application, as well as your entitlements as a member of Spaceship. You can then start making contributions and building a bigger super balance to fund your retirement.

DISCLAIMER: This article may contain general advice. You should consider your own personal circumstances before deciding if a superannuation product is right for you. Superannuation is a long term investment and past performance is not indicative of future performance.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site