What the directory covers
The directory covers researched consumer brands, adviser platforms and restricted public-sector schemes. A brand can sit inside a larger legal fund, and a legal fund can contain several brands. The coverage page reconciles those profiles with all 72 public-offer and non-public-offer funds in APRA's 7 September 2026 register.
Small APRA funds, pooled superannuation trusts and individual self-managed super funds are not consumer products in this directory. Exempt state public-sector schemes sit outside this APRA register and appear separately where researched. Registration alone does not show whether a product accepts new members. Source: APRA register of superannuation institutions.
The numerical source
We use APRA's Comprehensive Product Performance Package 2026, published on 28 August 2026, with performance periods ending 30 June 2026. It includes MySuper, trustee-directed and externally directed investment pathways. It is not a complete list of every investment a super fund can hold. We retain the product, menu, option and lifecycle-stage names to make each figure traceable. Source: APRA product performance data.
APRA data is reproduced and adapted with attribution under its stated Creative Commons Attribution 3.0 Australia licence. APRA does not endorse SuperGuru or our assessments.
Fees: five balances, one reporting period
The selectable balances are $10,000, $25,000, $50,000, $100,000 and $250,000. We multiply APRA's reported fee fraction by the matching balance and round the dollar result. A 0.0073 fraction at $50,000 means 0.73%, or $365 a year. We do not extrapolate that percentage to other balances.
The figures reflect reported fees and costs over the year to 30 June 2026, derived from quarterly reporting. Total fees include administration, advice, investment and transaction costs as defined by APRA. They are net of tax, use standard arrangements and exclude member-activity fees. The administration row is already included in the total. Separate insurance premiums and separately charged personal advice require their own comparison. The figures are historical and can differ from today's PDS or an employer-negotiated price. Source: APRA's 2026 methodology.
We withhold total-fee entries that are zero or no higher than their administration component until they can be reconciled with product documents. These unusual entries remain in the source data, but do not support a lowest-cost claim on this site.
Returns: read the basis before comparing percentages
All displayed return periods end on 30 June 2026. Three-, five-, seven- and ten-year figures are annualised. A blank source value displays as “Not reported”; it never becomes a zero return.
- MySuper net return (NR) uses APRA's $50,000 representative member and deducts administration costs as well as investment costs and tax.
- Net investment return (NIR) has a different administration-cost treatment. It is not the same measure as a member's net return.
- Gross investment return net of fees (GIRNF) uses a gross-of-investment-tax basis. It should not be ranked against the other measures.
The page identifies each basis and flags mismatches. Changing the account balance changes the fee comparison only; it does not recalculate a historical return. Source: APRA return definitions.
Two options called “Balanced” can have different growth exposure, asset holdings, currency hedging and liquidity. We show strategic growth allocation where reported, but do not treat that percentage as a complete risk score. Past returns do not predict future returns.
Lifecycle, mergers and performance tests
We do not choose a lifecycle stage for the reader. A stage is selectable by its published name, while the product-level aggregate is excluded from numerical selection. A return for one stage is not the experience of a member moving through several stages.
A lifecycle performance-test result applies to the whole product. For other pathways, use the reported result for that pathway. We preserve APRA's result labels, including any asterisk; consult the original methodology for the qualification. A pass is a benchmark outcome, not a recommendation, and an absent result does not mean failure. Source: APRA methodology and test rules.
June 2026 figures retain their original legal-fund identity. A merger after that date does not automatically make the old figures representative of the successor's fees, insurance or investments. Fund profiles identify material transitions found in current official notices.
Our editorial assessment
“Our take” and shortlist suggestions are SuperGuru's interpretation of the cited features. They explain why someone might investigate a fund and where the trade-offs sit. They are not a score, a predicted return, a personalised suitability finding or an instruction to switch.
We use official fund documents, regulator publications and government guidance. Regulatory findings are dated and distinguished from allegations; a product-specific finding is not applied to every investment in the fund. We do not invent missing fee figures, insurance terms or investment results.
The content has been edited for plain English, with specific product differences retained. Research and automated data processing support the pages. The date on a profile records when its sources were checked; it is not a promise of continuous monitoring or a claim of review by a licensed financial adviser.
Before acting on a comparison
Check the current PDS, target market determination and insurance guide. Establish whether you can join, whether an employer benefit would change, and whether you can replace existing cover. Defined benefit schemes need a separate assessment of the benefit you would keep or surrender. A licensed financial adviser can consider your circumstances before a consequential change. Source: ASIC Moneysmart's guide to choosing a fund.