Compare what each fund offers, then choose investment options to put their published costs and returns side by side.
Retail fund
Perpetual Select offers a focused menu of diversified and single-sector investments for super and retirement.
Personal super is offered to employees and self-employed people. The published minimum initial investment is $3,000, with separate arrangements for a savings plan.
Industry fund
REI Super is built around real estate and property work, including the insurance needs of people paid by commission. Membership is open beyond that industry.
Anyone can join, including people outside real estate, subject to the product rules. Industry membership is not a requirement.
Choose the actual investment pathway for each account. For lifecycle products, select the named stage relevant to you. No stage is selected automatically.
| Measure | Choose an investment option | Rei Super MySuper |
|---|---|---|
| Return basis | Choose an option | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | Choose an option | 8.45% |
| 5-year return, per year | Choose an option | 5.61% |
| 7-year return, per year | Choose an option | 6.28% |
| 10-year return, per year | Choose an option | 6.45% |
| APRA strategic growth allocation | Choose an option | 73.25% |
| Reported total fees, net of tax, at $50,000 | Choose an option | $480 a year (0.96%) |
| Administration and advice costs, net of tax (included in total) | Choose an option | $120 a year |
| 2026 performance test | Choose an option | Pass |
| 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 | Perpetual Select | REI Super |
|---|---|---|
| Membership and access | Personal super is offered to employees and self-employed people. The published minimum initial investment is $3,000, with separate arrangements for a savings plan. Sources123 | Anyone can join, including people outside real estate, subject to the product rules. Industry membership is not a requirement. Sources1234 |
| Accounts and products | Select Super Plan and Pension Plan; older term allocated pension accounts have separate restrictions. Sources123 | Superannuation, transition-to-retirement and pension accounts. Sources1234 |
| Investment choices | The menu covers diversified, Australian-share, international-share and cash choices. The Diversified and High Growth super options closed on 23 April 2026. Sources123 | Diversified and sector-specific investment options. Members can select their own investment mix. Sources1234 |
| Insurance | Optional death, disability and salary-continuance cover is available under the insurance disclosure. Sources123 | Death, TPD and income protection are available, depending on age and employment status. The fund specifically describes insurance for commission-based salaries. Sources1234 |
| Retirement income | Account-based and transition-to-retirement pension arrangements are available; the term allocated pension is closed to new investors. Sources123 | The default pension strategy combines Balanced and Cash and rebalances the allocation by age. The Cash allocation funds nearer-term income needs, while Balanced retains growth exposure. Sources1234 |
| Advice and support | Members can select options themselves or seek advice. A manager's diversified option still needs to match the member's risk tolerance. Sources123 | Members can access financial advice, including help with investment choice and retirement. Check the scope and cost of the service requested. Sources1234 |
| Fee details to check | Read the June 2026 PDS with the additional fees-and-costs information. Investment charges, spreads, administration, insurance and advice may all apply. Sources123 | Use the current schedule for super or pension and the chosen investment option. Compare any insurance quote using the same definition of commission income. Sources1234 |
| Comparing investment performance | Check the option's current underlying fund and investment arrangements before treating a long historical return as an unchanged strategy. Sources123 | Super and pension performance are published separately. Compare current returns across a shared date range and similar exposure to growth assets. Sources1234 |
THE SUPERGURU VIEW
May suit someone who wants managed diversification or selected sector exposure from the Select range.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE SUPERGURU VIEW
Worth investigating for real estate salespeople and property professionals whose earnings pattern makes an ordinary salary-based insurance comparison incomplete.
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 Perpetual Select profile · Read the full REI 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.