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Australian Ethical Super

Australian Ethical Retail Superannuation Fund - Personal Balanced

Balanced

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No. of members: 61999
Fund size: $3.9b
Public offer:
Product type: Master Trust-Personal
Target market: All Industries
Year started: 1998
announcement

RateCity Says: A competitive superannuation fund for those Aussies who choose to put their nest egg towards ethical investments. Enjoy added features like income protection and insurances.

Awards

Winner of SuperRatings Gold 2021 MyChoice Super, SR50 Best Australian Shares Return 2015-2020, Infinity Recognised 2021

Past 5-year return
9.24

% p.a

Admin fee

$97

Calc fees on 50k

$622

SuperRatings awards
SuperRatings Gold 2021 MyChoice SuperSR50 Best Australian Shares Return 2015-2020Infinity Recognised 2021
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Past 5-year return
9.24

% p.a

Admin fee

$97

Calc fees on 50k

$622

SuperRatings awards
SuperRatings Gold 2021 MyChoice SuperSR50 Best Australian Shares Return 2015-2020Infinity Recognised 2021
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Quick superannuation review

For Australian Ethical Retail Superannuation Fund - Personal Balanced

These are the benefits of this superannuation.

  • A full menu of Ethical investments with positive and negative screening
  • Free educational roadshows and seminars
  • Binding, Non-Binding or Reversionary beneficiary nominations
  • Variable insurance options (Death, Death & Total & Permanent Disablement (TPD) and IP).

Australian Ethical was established in 1986 to promote ethical investments that adhere to the Australian Ethical Charter. Australian Ethical Super is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.Members have access to 7 Diversified and Single Sector investment options across a range of asset classes that align with the Australian Ethical Charter. The fund's Balanced option underperformed the SuperRatings Index over the 10 years to 30 June 2020; however, outperformed over the shorter term. Fees for the Balanced option are higher than the industry average across all assessed account balances. Further discounts may also apply to account balances over $250,000 which are invested in all investment options other than the Balanced option. No switching fees are applicable, although buy-sell spreads may be charged when changing investment options. A full suite of insurance is offered to members, with Default Death & TPD automatically provided to eligible members upon joining the fund. Members can apply for unlimited Death Only cover and up to $5 million of TPD cover. Income Protection (IP) insurance is also available, covering up to 85% of salary, or a maximum of $30,000 per month, with benefit payment periods of 2 years, 5 years or to age 65 and a choice of 30, 60- or 90-day waiting periods.Australian Ethical Super provides members with access to advice services, the free education tool Money101, interactive tools and calculators, as well as the Good Money blog including a range of ethical investing newsletters. The fund’s member online further allows members to view and update their account details and perform transactions.

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Superannuation overview

For Australian Ethical Retail Superannuation Fund - Personal Balanced

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$97

Administration fee (%)

0.29%

Switching fee

$0

Investment fee

0.64%

Indirect cost ratio (%)

0.12%

Exit fee

$0

Target Market Determination

Visit Australian Ethical Super to view Target Market Determination.

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Embed

Fund fees vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Fund past-5-year return vs. Industry average
THIS FUND
INDUSTRY AVERAGE
Investment allocation
INTERNATIONAL SHARES
AUSTRALIAN SHARES
PROPERTY
ALTERNATIVES
FIXED INTEREST
CASH
OTHER
Investment option performance
BALANCED
HIGH GROWTH
SECURE
GROWTH
AUSTRALIAN SHARES
INTERNATIONAL SHARES
CAPITAL STABLE
+ View additional option performance information