MySuper dashboard - MySuper option

 

Maritime Super’s MySuper option adopts a different investment strategy based on age profile – over and under 55. Refer to the appropriate investment strategy in the drop-down box below.

Use this dashboard to compare Maritime Super's MySuper product with other MySuper products. Go to ASIC's MoneySmart website for more information on how to pick the right MySuper fund for you.

The MySuper Product Dashboard is legislatively mandated and is designed to provide members with a snapshot of investment performance, risk, and fees and costs associated with a Fund’s default investment option – the MySuper option. This product dashboard is based on our understanding of the calculations and information requirements prescribed by the super law.

 

Return

1-year return is not available for this option – it was introduced 1 December 2019.

Return Target

To outperform the rate of inflation (CPI) by 4.25% pa after fees and taxes over 10-year periods. Future returns cannot be guaranteed. This is a prediction.

Comparison between return target and return

The MySuper 55 and Over option was introduced on 1 December 2019. Therefore, there is currently no 10-year return data available for this option.

MySuper Under 55 investment option return

chart

The average returns are not available, as the MySuper Option does not have 10 years of past performance. The MySuper Option Under 55 was introduced on 1 December 2019. Past performance is not necessarily an indication of future returns.

Level of investment risk

Medium to High

Negative returns expected 3 to 4 years out of every 20 years

The higher the expected return target, the more often you would expect a year of negative returns.

Statement of fees and other costs

$533 per year

Fees and costs for a member with a $50,000 balance.

Return

1-year return of -5.25% as at 30 June 2020

Return Target

To outperform the rate of inflation (CPI) by 4% pa after fees and taxes over 10-year periods. Future returns cannot be guaranteed. This is a prediction.

Comparison between return target and return

The MySuper 55 and Over option was introduced on 1 December 2019. Therefore, there is currently no 10-year return data available for this option.

MySuper 55 and Over investment option return

chart

This average reflects average returns since inception, 1 July 2013, as the MySuper Option does not have 10 years of past performance. From 1 July 2016, the asset allocation of this option (the Moderate option at that time) changed. Please take note, the 'past average return' and the 'target average return' are affected by this change.

Past performance is not necessarily an indication of future returns.

Level of investment risk

Medium

Negative returns expected 2 to 3 years out of every 20 years

The higher the expected return target, the more often you would expect a year of negative returns.

Statement of fees and other costs

$768 per year

Fees and costs for a member with a $50,000 balance.

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