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Acclaim Super vs Perpetual WealthFocus

Compare what each fund offers, then choose investment options to put their published costs and returns side by side.

By SuperGuru Group · Research checked 11 September 2026 · Historical APRA figures to 30 June 2026

Acclaim Super

Retail fund brand

Acclaim offers a direct-investment super account and a separate Core product built around managed investment options.

Membership

Applications are available for current Acclaim products. AMG Personal Super is a separate legacy product closed to new members.

Perpetual WealthFocus

Retail fund

WealthFocus Super is a personal super product offering managed investments from Perpetual and other investment managers.

Membership

Designed for employees and self-employed people, with regular or one-off contributions subject to contribution rules.

Compare fees and investment returns

Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.

Choose an investment option to see the figures

The costs and returns belong to the selected product, option or lifecycle stage.

Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.

Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.

How the products differ

Acclaim Super and Perpetual WealthFocus: product features and conditions
What to compareAcclaim SuperPerpetual WealthFocus
Membership and access

Applications are available for current Acclaim products. AMG Personal Super is a separate legacy product closed to new members.

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Designed for employees and self-employed people, with regular or one-off contributions subject to contribution rules.

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Accounts and products

Acclaim Super and Pension; Acclaim Core Super and Pension.

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WealthFocus Super Plan and pension products.

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Investment choices

Acclaim Super supports listed securities and term deposits, with individual share-trading arrangements. Core offers diversified and sector index managed funds.

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Members can select managed funds across different asset classes and managers. Use the super investment menu because other WealthFocus investment products have different tax and product structures.

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Insurance

Insurance applications and employer-plan guides are available. Occupation ratings and the precise product determine the relevant terms.

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Optional insurance is available within super. The current insurance disclosure sets eligibility, cover and cost.

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Retirement income

Both product families have pension arrangements with their own disclosure.

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A pension account allows members to choose the amount and frequency of payments within the account rules.

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Advice and support

The service is built around adviser-managed portfolios and reporting. Establish the cost of any advice arrangement separately.

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Consider the product with an adviser if selecting and maintaining several managed funds; clarify any advice fee separately.

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Fee details to check

Use the PDS for either Acclaim or Core and read the July 2026 product and administrator updates. Direct share costs differ from Core's managed-option costs.

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Use the WealthFocus Super PDS and investment menu. Include administration and underlying manager charges, plus any advice and insurance costs.

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Comparing investment performance

Core options have their own investment histories. A direct-investment Acclaim account has no single return that represents all members.

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Compare the exact super option and its fee basis. Returns from a WealthFocus investment fund outside super may have different tax treatment.

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THE SUPERGURU VIEW

Our take on Acclaim Super

Editorial assessment

Acclaim may suit an advised member with a defined direct-investment strategy; Core is a different proposition for someone choosing managed options.

What deserves a closer look

  • AMG MySuper has been terminated. Check that any default-option information refers to a current product.
  • AMG, Acclaim, Raiz and Hejaz reporting can share the same legal fund ABN but have different terms.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

THE SUPERGURU VIEW

Our take on Perpetual WealthFocus

Editorial assessment

A candidate for members who want to select managed investments and have a clear reason for the managers they choose.

What deserves a closer look

  • WealthFocus is a family of products; tax features on investment accounts do not automatically apply to super.
  • Several funds holding similar assets may provide less diversification than their number suggests.

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Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.

Before choosing between Acclaim Super and Perpetual WealthFocus

Use the membership rules to establish which accounts are available to you. Then compare the total price of the investment option and cover you need. A lower fee or higher historical return alone does not tell you which fund is suitable.

Ask both funds to confirm insurance acceptance, exclusions, waiting periods and whether cover would change when you leave your employer. Obtain advice before giving up a defined benefit or an insurance policy you may not be able to replace. ASIC Moneysmart explains the comparison checks.

Read the full Acclaim Super profile · Read the full Perpetual WealthFocus profile · Choose another comparison

Sources for Acclaim Super

Checked 2026-09-11. Documents and product terms can change after this date.

  1. Investment choices by product
  2. Current product disclosure
  3. Significant event notices
  4. Brand and legal-fund distinction

Sources for Perpetual WealthFocus

Checked 2026-09-11. Documents and product terms can change after this date.

  1. WealthFocus product range
  2. Super and retirement account features
  3. Underlying holdings