• Our superannuation offer

  • Superannuation is one of the most efficient methods of saving. Taking full advantage of government tax breaks with a premium super account will help ensure your financial security in retirement and is highly advisable for every Australian resident.

    A super account with Australian Catholic Superannuation offers you strong investment returns, low fees, flexibility and more.

    See below for your key benefits of Fund membership.  
       

  • Benefits of joining Australian Catholic Superannuation

    • An account with us will provide you with the following benefits:

      • Competitive investment performance
      • Fees and costs limited to what it costs to manage the Fund
      • All profits returned to members or used for the benefit of members
      • A range of investment choices, including a MySuper option
      • Flexible and cost-effective insurance cover
      • Password-protected online account access
      • Account based pension income streams for retired members or those transitioning to retirement
      • Over-the-phone advice on specific super or pension related topics
      • Access to fee-for-service personal financial advice through an arrangement with Industry Fund Services (AFSL 232514)
      • Regular seminars and workplace presentations on super and retirement issues
      • Regular communications, such as newsletters, email and website updates
      • A platinum-rated industry super fund, the highest available rating awarded by SuperRatings.


      You'll also have access to a number of extra member benefits, including banking services through ME and discounted private health insurance through GMHBA.

  • Super account fees and costs

    • At Australian Catholic Superannuation, we charge you only what it costs to manage your super account. We do not pay dividends to shareholders or commissions to advisers.

      When you join us, the following fees and costs will apply to your account:

      • A weekly administration fee of $1.50, deducted from your account at the end of each month
      • Operating costs of approximately 0.25% of your account balance per year, deducted from Fund assets before weekly unit prices are determined
      • Investment fees ranging from 0.09% to 0.85% of your account balance per year (see the table below for details), deducted from earnings
      • An exit fee of $55 if you withdraw all or part of your account balance
      • A Family Law withdrawal fee of $70, if applicable.


      We do not charge you a fee for switching investment options.

      Investment fees

      Investment fees cover payments made for investment management, asset consulting and master custodian services. They include an estimated amount for performance based fees that will only be paid if investment managers meet or exceed their targets. It's possible that actual fees paid could be lower than the estimated costs in the event that performance targets are not met.

      Investment fees are not deducted from your account. They're deducted from Fund assets before weekly unit prices are determined.

      The table below shows the investment fee for each of our super investment options.

      Investment option Investment management fee
      (% pa)
      Indirect cost ratio (%pa)
      Shares1 0.28 0.21
      Growth 0.50 0.36
      MySuper Balanced2 0.51 0.39
      Socially Responsible Balanced 0.57 0.48
      Conservative Balanced 0.43 0.35
      Conservative 0.36 0.29
      Australian Shares 0.26 0.21
      International Shares 0.28 0.21
      Property3 1.03 1.13
      Bonds4 0.28 0.27
      Credit Income5 0.27 0.34
      Cash and Term Deposits6 0.09 0.00

      Note that the names of some of our investment options have changed:
      1. 'Diversified Shares' became 'Shares' effective 1 October 2015.
      2. 'Balanced' became 'MySuper Balanced' effective 1 July 2013. However, the pension investment option remains as 'Balanced'.
      3. 'Diversified Property' became 'Property' effective 1 October 2015.
      4. 'Diversified Fixed Interest' became 'Bonds' effective 1 October 2015.
      5. The 'Credit Income Option' became available on 1 July 2017.
      6. 'Cash' became 'Cash and Term Deposits' effective 1 October 2015.

      For more details about the charges which may apply to your Fund membership account, download our Fees and costs fact sheet (PDF).

  • Want to know more?

    Before you join, download our Superannuation Product Disclosure Statement (PDF), so that you understand all of the benefits of becoming a member of Australian Catholic Superannuation and how your superannuation account will work.

  • Bookmark and Share