Our dashboard is designed to give you a snapshot of information to help you easily compare our MySuper with other MySuper products to make informed decisions regarding your investment choices in super.
Please note: On the 1st of July 2021, Energy Super merged with LGIAsuper and the Energy Super MySuper product is now provided by LGIAsuper Trustee (ABN 94 085 088 484) (AFSL 230511) as trustee for LGIAsuper (ABN 23 053 121 564) (RSE R1000160). MySuper Performance is based on the LGIAsuper MySuper product.
MySuper Product Dashboard is presented below:
Return10 year average return of 7.96% as of 30 June 2021.
|
Return targetReturn target of 3% per year above inflation over rolling 10-year periods after fees and taxes. Investment markets are uncertain and future returns cannot be guaranteed. |
Comparison between return target and return
Past performance is not a reliable indicator of future performance.
The information in this graph is based on the LGIAsuper MySuper's predecessor products, MySuper Lifecycle Under 75 and Diversified Growth. Past performance is not necessarily an indication of future returns. The moving average return is based on a 10-year moving average and cannot be calculated unless 10 years of history exists. As the predecessor product launched in 1999, the moving average return can only be calculated from 2009 onwards.
Level of investment risk
| Risk level^ | High | |
|---|---|---|
| Risk band^ | 6 | |
| Risk of negative return | Estimated number of negative annual returns over any 20 year period: 4.8 | |
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
$360
Based on a member with $50,000 invested in the MySuper option.
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 and Product Disclosure Statement (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
-
Return Target
The return target is the annualised estimate of the percentage rate of return of a representative member that exceeds the growth in CPI over 10 years.
-
Annual Return
The annual return is the net investment return of a representative member for a financial year minus administration and investment fees and taxes.
-
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.
-
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.
-
Moving average return target
The moving average return target for a particular financial year is the average of the return targets for the relevant year and the previous years in the comparison period, and factors in the annual growth in CPI.
-
Moving average return
The moving average return for a particular financial year is the average of the returns for the relevant year and the previous years in the comparison period.
-
Comparison period
The comparison period is:
- the past 10 whole financial years if the MySuper product, or the MySuper product and a predecessor product, have been offered for at least 10 financial years or
- the total number of whole financial years for which the MySuper product, or the MySuper product and a predecessor product, have been offered.
-
Predecessor product
A predecessor product is a the LGIASuper default investment option in existence on 30 June 2013.