Superestate: Performance, features and fees
Superestate focuses on investing in residential properties and charges some of the lowest annual fees in the market.
What are the key features of Superestate?
- Focus on property. Superestate has a strong focus on investing in residential properties, giving members access to the property market. Members benefit from capital growth of the properties as well as rental income.
- Investment transparency. You can see the properties the fund invests in on its website, with photos, the address and the purchase price.
- Three investment options. Superestate does not offer a default MySuper investment option. Instead, members can choose between three diversified investment options, each with a different level of risk and each with a focus on residential property.
- Low cost. The annual fees charged by Superestate are lower than a lot of other super funds in the market.
- Easily consolidate funds. Members can quickly and easily find missing super and consolidate it into their new Superestate fund using the online portal.
What investment options does Superestate offer?
Superestate offers members the choice between three investment options. It doesn't offer a MySuper option, so there's no default option available meaning you will need to choose an investment option when becoming a member. Read more about each option below.
Performance figures: As Superestate is a new fund there are no past performance figures to report yet.
|Investment option||Investment strategy||Risk level||Strategic asset allocation*|
|Superestate Balanced Essentials||This option is a similar level of risk to the Balanced Property option, but with a lower allocation towards property and a higher allocation towards equities.||Medium risk||Australian residential property: 10%|
International shares: 34%
Australian shares: 22%
Global infrastructure: 4%
Fixed interest: 25%
|Superestate Balanced Property||This option has a similar level of risk as the Balanced Essentials option, but has a higher allocation towards property.||Medium risk||Australian residential property: 25%|
International shares: 24%
Australian shares: 17%
Global infrastructure: 4%
Fixed interest: 25%
|Superestate Growth Property||This option is higher risk than the other two options and it has a higher allocation towards property. If you select this option, roughly half your funds will be invested in property.||Medium to high risk||Australian residential property: 50%|
International shares: 26%
Australian shares: 11%
Global infrastructure: 3%
Fixed interest: 7%
*The strategic asset allocation figures are correct as of July 2019 and might have changed slightly since this time.
What fees does Superestate charge?
Example of annual fees charged on $50,000 in Superestate Balanced Essentials:
Admin fee: $66 plus 0.24% of balance.
Indirect cost ratio including investment fees: 0.21%
Calculated annual fees on $50,000 balance: $291.50
Both the Growth Property and Balanced Property investment options charge different investment fees, which you can check by going to Superestate's site.
What insurance does Superestate offer?
All eligible Superestate members will receive automatic default Death, Total Permanent Disablement (TPD) and Income Protection cover when joining the fund. If you do not wish to have any insurance, you'll need to opt out of this when you join or any time after.
How do I join Superestate?
It's easy to become a member of Superestate and you can join online in less than 30 minutes. Head to its website to start your application. You'll need to provide you personal details including your full name, email address and residential address as well as your tax file number.
You'll be asked to select which investment option you'd like to go with, so make sure you consider this before beginning the application. If you want to bring any existing super you have over to Superestate, make sure you have your fund details and membership numbers handy.
More guides on Finder
Best Cyber Monday deals you can still get today: Up to 70% off
Black Friday is now over, but you can still pick up stacks of Cyber Monday deals that are every bit as good.
How a pink trading platform dominated New Zealand
Sharesies boasts 500,000 Kiwi customers - or one-tenth of the New Zealand population.
Woolworths vs Coles: Which paid membership is better? [VIDEO]
Is it worth spending more with Everyday Extra or Coles Plus?
Savings with Sarah #10
Aussies are predicted to spend $30 billion this festive season. Here's 7 key tips on how you can save on gift-buying.
Cyber Monday laptop deals 2023
Access deals and discounts of up to 65% off laptops from Dell, Microsoft, HP and more in the 2023 Cyber Monday sale event.
Standing desk sale: 35% off at Omnidesk for Cyber Monday
Upgrade your home office this Cyber Monday with 35% off ergonomic standing desks from Omnidesk.
Cyber Monday iPhone deals 2023
If you're looking for iPhone deals in this year's Cyber Monday sales, check out our roundup of the very best discounts around.
Virgin flights to Uluru: How many points do you need?
Can you get a red-hot deal for the red centre?
How to avoid a Christmas debt hangover
11% of us are putting our holiday shopping on plastic.
Black Friday Weekend: Today’s 25 best deals
From cutting-edge gadgets to deluxe mattresses, these are the best Black Friday deals you can get over the weekend.
Ask an Expert