Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail fund
Australian Ethical applies its ethical screening approach across its investment range. The main comparison is how its published criteria, portfolio and cost fit what you want your super to do.
Check the current super PDS and target market determination for joining conditions. Pension eligibility and investment choices are covered separately.
Retail fund brand
Freedom of Choice is an Acclaim-administered super and pension product with managed funds, listed investments and term deposits.
The current disclosure library provides separate application forms for personal super and pension.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | Australian Ethical Retail Superannuation Fund MySuper | Choose an investment option |
|---|---|---|
| Return basis | MySuper net return after administration costs, $50,000 representative member | Choose an option |
| 3-year return, per year | 7.68% | Choose an option |
| 5-year return, per year | 5.00% | Choose an option |
| 7-year return, per year | 6.21% | Choose an option |
| 10-year return, per year | 6.99% | Choose an option |
| APRA strategic growth allocation | 72.25% | Choose an option |
| Reported total fees, net of tax, at $50,000 | $595 a year (1.19%) | Choose an option |
| Administration and advice costs, net of tax (included in total) | $160 a year | Choose an option |
| 2026 performance test | Pass | Choose an option |
| New-member status at reporting date | Check the current product eligibility rules | Check the current product eligibility rules |
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.
| What to compare | Australian Ethical | Freedom of Choice Super |
|---|---|---|
| Membership and access | Check the current super PDS and target market determination for joining conditions. Pension eligibility and investment choices are covered separately. Sources7 | The current disclosure library provides separate application forms for personal super and pension. Sources1234 |
| Accounts and products | Australian Ethical Retail Superannuation Fund's super and pension products. Australian Ethical Super Australian Ethical account-based pension Sources3 | Freedom of Choice Personal Super and Pension. Sources1234 |
| Investment choices | Balanced The range includes diversified options and share-focused choices with different risk levels. All are subject to Australian Ethical's screening process. Its exclusions and positive investment choices use detailed criteria and revenue thresholds, so 'ethical' should not be read as an absolute ban on every indirect connection to a sector. Sources127 | The menu includes more than 150 managed funds, approved ASX300 shares and ETFs, term deposits and a cash account. Sources1234 |
| Insurance | Eligible members can receive default death and TPD cover, with income protection available by application. The amount and cost depend on the insurance terms. Members and eligible family members can access MetLife 360Health support services, subject to the service conditions. Sources45 | An insurance guide and occupation-rating forms set out the available cover. Do not assume the terms match Acclaim Core or an employer arrangement. Sources1234 |
| Retirement income | Australian Ethical offers an account-based pension with its own investment options, fees and payment choices. Check that the pension option's asset mix is comparable with the accumulation holding you are considering moving. Sources56 | A personal pension account is available with separate application and product terms. Sources1234 |
| Advice and support | The fund provides information, calculators and a direction to seek licensed advice before investment decisions. This research has not verified a universal included personal-advice service, so confirm available assistance and fees directly. Sources3 | Adviser nomination and advice-fee consent forms are part of the service. Confirm who will make investment decisions and what they will charge. Sources1234 |
| Fee details to check | Compare administration, investment and transaction charges for the chosen option, plus insurance and other applicable costs. Australian Ethical's published performance can exclude a fixed dollar member fee even when percentage administration fees are reflected; the return figure and total account cost are different measures. Sources6 | Use Freedom of Choice's own reference guide and July 2026 updates. Platform, investments, transactions, cash and advice can all contribute to the cost. Sources1234 |
| Comparing investment performance | The fund describes the fee basis of its published returns. Comparisons should use the same period, risk profile and account type and explain which administration fees are excluded. Screening can change sector exposures, so a broad-market index is a useful reference but not an identical portfolio. Compare ethical methodologies and actual holdings rather than awarding an unexplained ethical score. State fixed-fee exclusions alongside any net-return figure. Sources1 | Evaluate the selected managed funds or the member's complete portfolio; another AMG Super product's return is not a substitute. Sources1234 |
THE SUPERGURU VIEW
Australian Ethical is worth examining if investment exclusions are a deciding factor. Its advantage for a researcher is the published ethical framework across the range. The next step is to read that framework against your own priorities, then assess the asset mix and cost with the same care you would apply to any other fund.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
May suit a member working with an adviser who needs this menu and has compared its total cost with alternatives.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
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 Australian Ethical profile · Read the full Freedom of Choice Super profile · Choose another comparison
Checked 2026-09-11. Documents and product terms can change after this date.
Checked 2026-09-11. Documents and product terms can change after this date.