Future Super cuts fees

Future Super has reduced its fees on all of its investment options starting this month after the fund saw huge growth last year. 

The fund said it had a 200% increase in new members compared to 2019. 

Future Super chief executive, Kirstin Hunter, said: “There’s a long-held view that ethical funds are more expensive, however the fee reductions we’re announcing bring our balanced index fees to well-below the industry median.  

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“These lower barriers mean that more Australians will be investing in a future that they want to live in.” 

The fund’s new fees were: 

Investment   

Option 

Admin Fee % 

Admin Fee $ p.a. 

Investment   

Management Fee 

ICR  

Fee per $50,000 balance 

Balanced Index  

0.554%  

$93.60  

0.20%  

0.12%  

$530.60 

Balanced Impact  

0.554%  

$93.60  

0.804%  

0.12%  

$832.60 

Renewables   

Plus Growth 

0.554%  

$93.60  

0.804%  

0.13%  

$837.60 

Pension  

0.554%  

$93.60  

0.20%  

0.12%  

$530.60 




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