MySuper Growth Product Dashboard

This product dashboard provides members with key information about the fund’s fees, risk and investment performance. You can use this dashboard to compare the Superhero MySuper Growth with other MySuper products.

MySuper Dashboard

4 Key Metrics - The return, return target and statement of fees and other costs data in this dashboard have been calculated for a member with an account balance of $50,000.

¹The level of investment risk shown is based on the Standard Risk Measure (SRM), which assigns a risk level and band based on the anticipated number of years of negative returns for the product over 20 years.  More information about SRM’s can be found in the Superhero Super Additional Guide

²This is the same as Investment objective shown in the Superhero Super PDS. Investment returns are not guaranteed.

³Return is not the same as investment performance stated elsewhere in product disclosures or on our website. Legislation requires dashboard Return to be calculated net of taxes, investment fees and costs, transaction costs, and administration fees and costs for a $50,000 balance. Past performance is not an indication of future performance

⁴Fees and costs reported include Administration Fees and Costs, Investment Fees and Costs, and Transaction Costs. More information about fees and costs can be found in the Superhero Super PDS and Additional Guide.

Explanation of terms

  • CPI: CPI stands for Consumer Price Index, which is used as a measure of inflation.
  • Investment risk: The main risk when investing your super is that your savings will fall short of your income needs in retirement. The appropriate level of risk will depend on when you need to access your super savings.
  • Standard Risk Measure: The Standard Risk Measure is used across super funds to help members compare the risk levels of investment options. It is the short-term risk that your super savings will be reduced by volatility (or the ups and downs) of investment markets and the estimated number of negative returns that may be experienced in 20 years.
  • Comparison between return target and return: The graph outlines the comparison between the return target and the return for the MySuper product for previous financial years.
  • Past: 1 year return: The columns represent the net return (as a percentage rate) of a representative member for each financial year in the comparison period after taxes, fees, and costs.
  • Past: 10-year average return: The blue line represents the 10-year moving average net return of a representative member for the last ten financial years as at 30 June, after taxes, fees, and costs. When the blue line is above the black line, the MySuper product’s 10-year moving average net return has outperformed the 10-year moving average return target.
  • Target: 10-year moving average return target: The black line represents the 10-year moving average return target for the investment option after taxes, fees, and costs. The moving average return target for a given financial year is the average of the return targets across the comparison period to date, incorporating annual growth in CPI.