How is Superhero Super different to other funds?

There are a few key differences to Superhero Super when compared with other funds. One of the biggest differences is that Superhero Super gives you the flexibility to invest in just one professionally managed, diversified investment option (e.g. High Growth), or select your own investment mix across Diversified, Single Sector, Thematic and Direct investment options.

Our Direct Investment option allows you to invest a portion of your super into individual shares in the S&P/ASX300 Index and a range of over 200 ETFs, LICs and Hybrid securities, all without needing to open a self-managed super fund (SMSF). Superhero Super provides access to these investments with an additional fee of $1 per week and the greater of $2 or 0.10% of brokerage fee per trade is applied each time you buy or sell a direct investment.

For example, a member of Superhero Super in 15 May 2024 with a balance of $50,000 – half of which in the Growth option and the other half held in Direct Investments – would have annual fees paid by the member of just $356.50 plus any brokerage fees or transaction costs incurred through buying and selling investments throughout the year as well as any management fees for ETFs or LICs held as Direct Investments. Other fees and costs may apply. Please read the Product Disclosure Statement before making any decisions.

Superhero Super offers some of the flexibility of an SMSF but doesn’t offer the same pool of investments available. You should consider your personal circumstances before investing or making a decision and if unsure seek help from a professional.