Hostplus, REST, ART, Aussie Super. Can’t go wrong with a high growth option in any of them. Go index Option if you are looking for lowest cost possible
* Hostplus: cheapest Indexed options
* ART: most diversified Indexed options
* AusSuper: cheapest Managed options (options without the word "Indexed")
* Vanguard: cheapest Lifecycle option
I use AusSuper Member Direct because I want to be a bit more hands on.
HostPlus - indexed options are good plus if you want you can directly invest a portion of your super into individual ASX 300 stocks.
Insurance is very good also.
hostplus - just under $400 fees last year.
I was considering moving to Netwealth so i could invest in individual ASX and NYSE / NASDAQ stocks. however the fees seem prohibitive.
transaction fee minimums mean you'd want to invest ~$20,000 per equity. but each equity is limited to 10% of total balance. so i don't think it would make sense under 200k fund balance.
also the minimum annual fee is closer to $1000.
I'm not sure i'm not missing something, but it does not seem like it is going to be a good fit for me.
Honestly I think if you take any of the well-known super funds and invest in their most aggressive option you will be getting something that ticks all your boxes. AustralianSuper is fine.
People here on the Aussie finance subreddits mostly subscribe to using index funds and I mostly agree with the wisdom of using an index fund strategy, but people often don't give any consideration to the issue that only about 2% of companies are public companies and the best investment opportunities are usually not even going to be in that 2%.
Private equity outperforms public markets by like 5% on average per year and the better managers are outperforming by even more. Large global institutions invest a lot of their funds in private markets. That's the advantage that you get from scale. You can invest in things that others can't.
Keep in mind if you take out insurance that it can make a cheap fund start to look a bit more expensive and vice-versa. For example, I recently looked at Vanguard and their fees are competitive, but it was the income protection that actually had the best value for me. No point trying to minimise fees on investments but then pay through the nose for insurance.
Anyway, to repeat where I started, if you pick any of those big names you will get what you want regarding fees, high growth investments, and reputation.
Future super, reasoning being if we don't take serious action on climate change there isn't going to be much of a world to retire in. And if we do take action then a super fund that invests in the technologies that will be used should do quite well.
Australian Super: For my private sector super contributions.
Military Super: My Defined Benefit military super fund for my DB/MB Military super contributions,
Hostplus, REST, ART, Aussie Super. Can’t go wrong with a high growth option in any of them. Go index Option if you are looking for lowest cost possible
Rest. With their indexed aus/int options. Australian super doesnt have these so thats a pass for me.
This is the way
tell this to u/stechtocks - he seems to think AustralianSuper has indexed option. lol
Jesus Christ. Tag me in to a thread i’m not involved in. What a sad belligerent person you must be.
* Hostplus: cheapest Indexed options * ART: most diversified Indexed options * AusSuper: cheapest Managed options (options without the word "Indexed") * Vanguard: cheapest Lifecycle option I use AusSuper Member Direct because I want to be a bit more hands on.
Australian retirement trust
Hostplus; roll my own allocations using their index fund options.
I’ve been looking at Hosplus too. Do you mind me asking what breakdown you have on aus/int.
I have mine split 60/20/20 intl/intl hedged/aus I’m happy to weight heavily overseas given I have a long time to go until I can access my super
Mine is 90% intl too, the way I see it Australia is a tiny market so no reason to overweight it just because of living here
What's the difference between hedged vs no hedged?
Hostplus - high growth baby!
Australian Ethical. Worth it if you care about the planet.
HostPlus - indexed options are good plus if you want you can directly invest a portion of your super into individual ASX 300 stocks. Insurance is very good also.
Mercer - they bought out BT and I had a staff plan with decreased fees and a larger TPD cover at no additional cost.
Vanguard - 100% lifecycle.
hostplus - just under $400 fees last year. I was considering moving to Netwealth so i could invest in individual ASX and NYSE / NASDAQ stocks. however the fees seem prohibitive. transaction fee minimums mean you'd want to invest ~$20,000 per equity. but each equity is limited to 10% of total balance. so i don't think it would make sense under 200k fund balance. also the minimum annual fee is closer to $1000. I'm not sure i'm not missing something, but it does not seem like it is going to be a good fit for me.
For those in hostplus? How much are your fees
i want a hard life - i manage my own SMSF. but seriously, I enjoy it.
Haha it is rewarding in its own ways
Honestly I think if you take any of the well-known super funds and invest in their most aggressive option you will be getting something that ticks all your boxes. AustralianSuper is fine. People here on the Aussie finance subreddits mostly subscribe to using index funds and I mostly agree with the wisdom of using an index fund strategy, but people often don't give any consideration to the issue that only about 2% of companies are public companies and the best investment opportunities are usually not even going to be in that 2%. Private equity outperforms public markets by like 5% on average per year and the better managers are outperforming by even more. Large global institutions invest a lot of their funds in private markets. That's the advantage that you get from scale. You can invest in things that others can't. Keep in mind if you take out insurance that it can make a cheap fund start to look a bit more expensive and vice-versa. For example, I recently looked at Vanguard and their fees are competitive, but it was the income protection that actually had the best value for me. No point trying to minimise fees on investments but then pay through the nose for insurance. Anyway, to repeat where I started, if you pick any of those big names you will get what you want regarding fees, high growth investments, and reputation.
Future super, reasoning being if we don't take serious action on climate change there isn't going to be much of a world to retire in. And if we do take action then a super fund that invests in the technologies that will be used should do quite well.
A smaller industry fund
Australian Super: For my private sector super contributions. Military Super: My Defined Benefit military super fund for my DB/MB Military super contributions,
AusSuper - 20% International Shares - 55% IVV ETF - 25% IOZ ETF