Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Closing retail fund product
Hejaz announced in August 2026 that its super and pension product is closing. Rollovers and redemptions are delayed while underlying investment unit prices are finalised.
This profile is for existing members and people researching the former offer. It should not be used as a joining option.
Retail fund
WealthFocus Super is a personal super product offering managed investments from Perpetual and other investment managers.
Designed for employees and self-employed people, with regular or one-off contributions subject to contribution rules.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
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.
| What to compare | Hejaz Islamic Super and Pension | Perpetual WealthFocus |
|---|---|---|
| Membership and access | This profile is for existing members and people researching the former offer. It should not be used as a joining option. Sources12 | Designed for employees and self-employed people, with regular or one-off contributions subject to contribution rules. Sources123 |
| Accounts and products | Hejaz Islamic Super and Pension, undergoing closure. Sources12 | WealthFocus Super Plan and pension products. Sources123 |
| Investment choices | The product site describes Growth, Balanced and Conservative portfolios based on Islamic investment principles. These descriptions explain the product; they are not an invitation to invest during closure. Sources12 | 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. Sources123 |
| Insurance | Existing members should obtain written confirmation of any cover and its treatment during the closure before moving or cancelling another insurance arrangement. Sources12 | Optional insurance is available within super. The current insurance disclosure sets eligibility, cover and cost. Sources123 |
| Retirement income | The pension product is covered by the same closure and transaction-delay notices. Sources12 | A pension account allows members to choose the amount and frequency of payments within the account rules. Sources123 |
| Advice and support | Contact the trustee and member service for account-specific closure instructions. Advice may help members compare a replacement fund and the implications for insurance. Sources12 | Consider the product with an adviser if selecting and maintaining several managed funds; clarify any advice fee separately. Sources123 |
| Fee details to check | Use the account's current statement, PDS and closure notices for charges during the transition. Old marketing fee examples do not explain the final transfer amount. Sources12 | Use the WealthFocus Super PDS and investment menu. Include administration and underlying manager charges, plus any advice and insurance costs. Sources123 |
| Comparing investment performance | Delayed underlying unit pricing means a displayed balance may not establish the amount ultimately paid or rolled over. Sources12 | Compare the exact super option and its fee basis. Returns from a WealthFocus investment fund outside super may have different tax treatment. Sources123 |
THE SUPERGURU VIEW
An information page for affected members. The immediate task is understanding the closure process and the available alternatives.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
A candidate for members who want to select managed investments and have a clear reason for the managers they choose.
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 Hejaz Islamic Super and Pension profile · Read the full Perpetual WealthFocus 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.