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Netwealth 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

Netwealth

Retail platform

Netwealth Super Accelerator is a platform for building and administering a selected investment portfolio. Core and Plus have different investment menus.

Membership

Check the product's application requirements and whether a financial adviser will manage the account.

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

Netwealth and Perpetual WealthFocus: product features and conditions
What to compareNetwealthPerpetual WealthFocus
Membership and access

Check the product's application requirements and whether a financial adviser will manage the account.

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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

Super Accelerator Core and Super Accelerator Plus, with pension account options.

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WealthFocus Super Plan and pension products.

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Investment choices

Core has a narrower menu of funds, models and income investments. Plus has broader managed-fund and listed-investment access.

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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

Personal Super members can apply for group cover or eligible individual LifeWRAP policies, including death, TPD and income protection.

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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

Pension functionality is part of Super Accelerator; available investments and cash needs should be reviewed for the drawdown period.

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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 platform supports a nominated financial adviser, with agreed advice fees separate from investment and platform costs.

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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

Include fixed and balance-based administration charges, underlying fund or model costs, trading costs and advice. A quoted Core administration percentage excludes additional fixed or minimum fees.

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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

Performance belongs to the selected investments and the member's allocation, not the Netwealth brand.

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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 Netwealth

Editorial assessment

Best researched when an advised or self-selected portfolio needs the investments and reporting functions the platform provides.

What deserves a closer look

  • Do not assume a zero platform investment-fee line means the underlying investments are free.
  • An SMSF service is a different product and responsibility structure.

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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 Netwealth 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 Netwealth profile · Read the full Perpetual WealthFocus profile · Choose another comparison

Sources for Netwealth

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

  1. Compare super options
  2. Core investment range
  3. Super Accelerator PDS

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