Superestate: Performance, features and fees
Superestate focuses on investing in residential properties and charges some of the lowest annual fees in the market.
Superestate offers three diversified investment options to choose from, each with a focus on residential property investment. Superestate invests in physical properties around Australia on behalf of its members, enabling Australians to enter the property market in a different way.
Past performance - 5 Years
Calculated fees p.a. on $50,000 balance
|Product Name||Superestate Balanced Essentials|
|Past performance - 5 Years||New Fund|
|Annual admin fee||$66 + 0.24% of balance p.a.|
|Insurance included||Death, TPD, Income Protection|
Performance figures quoted on this page are correct to December 2019, according to Chant West. Investment returns are not guaranteed. Past performance is not a reliable indicator of future returns.
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, roughy 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.