Our fees cover the costs of managing your account and investments. Some are deducted directly from your account balance and some from your investment returns.
Different investment options have different costs, so make sure you read the Personal Account Product Disclosure Statement (PDF, 1.6 MB) and the Fees and costs booklet (PDF, 584 KB) for the full details of what you pay and how.
|Type of fee||Amount|
|Administration fees and costs1||$96 or 2% of your account balance (whichever is less) per year (maximum $8 per month).|
|Investment fees and costs2,3,4||0.39%1 per year|
|Transaction costs2,4||0.06% per year|
|Investment switching fee||$0 for the first switch per account each financial year.
Each subsequent switch within that financial year is $9.85.
Things you need to know
1 If your account balance is less than $6,000 at the end of UniSuper's income year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap will be refunded.
2 The investment fees and costs and transaction costs shown are indicative only and are based on the investment fees and costs and transaction costs for the year ended 30 June 2021, including several components which are estimates. The actual amount you’ll be charged in subsequent financial years will depend on the actual fees and costs incurred by the Trustee in managing the investment option. Investment fees and costs include an amount of 0.02% for performance fees. The calculation basis for this amount is set out in the product disclosure statement. See more about investment costs.
3 Refer to ‘Additional explanation of fees and costs’ in the product disclosure statement.
4 The investment fees and costs and transaction costs for other investment options are set out in the product disclosure document. They are calculated on the same basis, and paid at the same frequency and in the same manner as the Balanced investment option.