Our dashboard is designed to give you a snapshot of information to help you easily compare Energy Super’s MySuper with other MySuper products to make informed decisions regarding your investment choices in super.
Energy Super's MySuper Product Dashboard is presented below:
Return target5.01% plus CPI (after fees, costs and taxes) over ten years. This is a prediction and is not guaranteed to be met. | Return1 year return of -2.75% as of 30 June 2020. As the MySuper investment option has not been in existence for 10 years, the moving average is based on the period for which the investment option has existed. |
Comparison between return target and return
Past performance is not a reliable indicator of future performance.
Level of investment risk
| Risk level^ | Medium to High | |
|---|---|---|
| Risk band^ | 5 | |
| Risk of negative return | Estimated number of negative annual returns over any 20 year period: 3.6 | |
The higher the expected return target the more often you would expect a year of negative returns.
^Refer to Standard Risk Measure table
Statement of fees and other costs
$507 per annum for a member with a $50,000 balance throughout the year.
The details in this product dashboard are based on the Trustee understanding of the calculations and requirements set out in relevant law. The information in this product dashboard may change from time to time.
Please note: Before making an investment decision you should consider the Energy Super Member Guide (PDS).
Investments can go up and down. Past performance and the amount of fees and other costs charged are not necessarily indicative of future performance or fee and cost amounts.
Dashboard glossary
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Return Target
This figure is the mean annualised estimate of the ten year return of Energy Super’s MySuper option that is expected to exceed inflation (as measured by the CPI). The return target is based on a 50% probability of achieving the target.
We note that this return target differs from the MySuper investment objective (CPI + 3%) as disclosed in the PDS and elsewhere on this website. That’s because Energy Super has set the objectives for the MySuper option at a level where the probability of achieving the return target exceeds 50%.
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Return
This is the return on investments minus fees, costs and taxes for a member who has an account balance of $50,000 throughout the year.
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Level of investment risk
An estimated rating of risk between Low and Very High based on the expected number of negative returns over a 20 year period. The higher the expected return target, the more often you would expect a year of negative returns.
Level of investment risk represents the estimated number of years in a 20 year period that the RSE licensee estimates that negative net investment returns will be incurred.
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Statement of fees and other costs
This amount of fees and other costs is for a representative member. A representative member is a member who is fully invested in the MySuper option, who does not incur any activity fees during a year and who has an account balance of $50,000 throughout the year. It will not necessarily be the amount of fees and cost incurred by a particular member. The amount stated includes the fixed administration fee and indirect costs (percentage-based administration costs and investment management costs) but does not include other fees or costs such as switching fees, exit fees, or activity fees.
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10 year average
As the Energy Super MySuper investmtent option commenced on 1 September 2013 and has not been in existence for the full target period, the returns shown are from the date of inception. These returns are not comparable with those for the full target period.