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.
Transferred legacy fund
Super Retirement Fund members moved to National Mutual Retirement Fund on 1 July 2026. The older name still appears in statements and historical data.
This is a former fund arrangement. Continuing contributions now use the receiving fund's details and the correct product USI. Registration of the old entity does not mean members can remain in it.
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 | Perpetual Select | Super Retirement Fund |
|---|---|---|
| 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 | This is a former fund arrangement. Continuing contributions now use the receiving fund's details and the correct product USI. Registration of the old entity does not mean members can remain in it. Sources123 |
| Accounts and products | Select Super Plan and Pension Plan; older term allocated pension accounts have separate restrictions. Sources123 | Historical Super Retirement Fund accounts. Members transferred to a dedicated section of National Mutual Retirement Fund immediately after 30 June 2026. Personal Super and SuperSelect PensionSelect SuperWise and SuperLink SuperCARE and Retirement Saver Select Personal Super and pension policies Whole-of-life and endowment super policies Sources123 |
| 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 | Investment choices and policy benefits were tied to the individual contract. A June 2026 option return remains historical information about that option; it does not describe all transferred accounts. Sources123 |
| Insurance | Optional death, disability and salary-continuance cover is available under the insurance disclosure. Sources123 | Insurance held in an account at the transfer date moved with it. Members should use the current policy records when checking cover or making a claim. Sources123 |
| Retirement income | Account-based and transition-to-retirement pension arrangements are available; the term allocated pension is closed to new investors. Sources123 | Existing pension payments continue through the receiving fund under their agreed schedules. The transfer itself is different from voluntarily cashing out or surrendering a policy. Sources123 |
| 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 | This detail has not been verified for this profile. Check the current product documents. |
| 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 | This detail has not been verified for this profile. Check the current product documents. |
| Comparing investment performance | Check the option's current underlying fund and investment arrangements before treating a long historical return as an unchanged strategy. Sources123 | Keep June 2026 historical data under its original fund identity and link members to National Mutual Retirement Fund for current account context. Do not offer Super Retirement Fund as a fund to join. Sources123 |
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
The most useful job of this page is to connect an old statement to the current account. Check the receiving fund and product identifiers first. Then assess fees, investments and policy benefits using documents for the transferred section.
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 Super Retirement Fund 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.