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Australian Food Super vs legalsuper

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

Australian Food Super

Industry fund

Australian Food Super is the current name of AMIST Super. It has meat-industry roots and is now open to everyone.

Membership

Anyone can join, subject to product rules. People can remain members when they leave the meat industry.

legalsuper

Industry fund

legalsuper is aimed at the legal profession and gives members both managed investment options and a direct investment facility.

Membership

Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance.

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.

APRA product data to 30 June 2026
MeasureMySuperMySuper
Return basisMySuper net return after administration costs, $50,000 representative memberMySuper net return after administration costs, $50,000 representative member
3-year return, per year6.77%10.11%
5-year return, per year6.02%7.32%
7-year return, per year6.52%7.53%
10-year return, per year7.14%7.90%
APRA strategic growth allocation68.25%77.72%
Reported total fees, net of tax, at $50,000$440 a year (0.88%)$470 a year (0.94%)
Administration and advice costs, net of tax (included in total)$125 a year$190 a year
2026 performance testPassPass
New-member status at reporting dateCheck the current product eligibility rulesCheck the current product eligibility rules

Reading these two options

At $50,000, the reported annual total-cost difference is $30. Australian Food Super's selected reporting pathway has the lower reported cost on this measure. The figures cover the year to June 2026; current prices, insurance and separately charged advice can change the comparison.

The growth allocations are 68.25% and 77.72%. A return gap can reflect different exposure to growth assets, and similar headline allocations can still contain different investments.

A performance-test pass is a benchmark result for the tested product or pathway. It is not an endorsement or a guarantee of future performance.

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

Australian Food Super and legalsuper: product features and conditions
What to compareAustralian Food Superlegalsuper
Membership and access

Anyone can join, subject to product rules. People can remain members when they leave the meat industry.

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Check current employer-sponsored and personal membership terms. The account category matters when comparing fees and insurance.

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Accounts and products

Superannuation and pension products.

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Superannuation, pension and transition-to-retirement pension.

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Investment choices

The fund has MySuper and Choice investments. Pension members can access the Choice menu but not the MySuper option.

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Members can choose managed options. Eligible accounts can also use the Direct Investment Option for ASX300 shares, selected ETFs, listed investment companies and term deposits.

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Insurance

Members can opt in to life, TPD and income protection cover. Check eligibility and the current insurer documents, especially for manual work or changing employment.

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The fund has insurance options for its membership. Compare the actual policy and occupation category, rather than treating a legal-industry label or award as proof of value.

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Retirement income

Australian Food Super Pension provides an account-based income product. Compare its fee and investment documents separately from accumulation super.

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Pension members have a managed menu and can access direct investment subject to its rules. Transition-to-retirement pension members cannot use the Direct Investment Option.

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Advice and support

The fund has engaged Retire360 to provide advice. Confirm which assistance is included and what a more detailed personal plan costs.

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The fund provides member information and support. Personal financial advice should have a clear scope and agreed fee; only eligible super-related advice fees may be paid from the account.

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Fee details to check

Use the current product disclosure and member guide for the option and account type. Include insurance premiums in a personal comparison.

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Direct investing adds its own administration and other costs to the ordinary product schedule. Include these when comparing it with a pooled option or another direct-share facility.

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Comparing investment performance

Compare the published MySuper or Choice option over identical dates and distinguish pension from accumulation results.

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A member who holds direct securities has a personal portfolio return. It is not meaningful to assign the MySuper return to that portfolio.

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THE SUPERGURU VIEW

Our take on Australian Food Super

Editorial assessment

Worth comparing for food-industry workers who want to investigate occupation-specific insurance and a conventional super-and-pension offering.

What deserves a closer look

  • AMIST is an old name for the same offering, not another current competing fund.
  • Do not confuse it with Meat Employees' Industry Superannuation Fund, which is a different scheme.

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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 legalsuper

Editorial assessment

Worth examining for legal professionals or eligible members who want more investment control and will use the direct menu.

What deserves a closer look

  • The direct facility is unavailable in transition-to-retirement pensions.
  • A broad investment menu does not remove the need to manage concentration, cash and trading costs.

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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 Australian Food Super and legalsuper

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 Food Super profile · Read the full legalsuper profile · Choose another comparison

Sources for Australian Food Super

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

  1. Australian Food Super and former AMIST identity
  2. Pension and investment choice assessment
  3. Product comparison factsheet

Sources for legalsuper

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

  1. Investment options
  2. Fees and direct-investment restrictions
  3. Member outcomes and direct investments
  4. legalsuper