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Retail fund brand

Superhero Super

Superhero Super offers managed investments, thematic choices and direct shares and ETFs within super.

THE OVERVIEW

About Superhero Super

The currently reviewed disclosure identifies the product within OneSuper. A separately registered Superhero Superannuation Fund also exists, so the current PDS must determine which legal fund issues the account.

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Who can join

Public membership under the applicable MySuper or Choice documents.

Visit the official website

THE SUPERGURU VIEW

Our take

Editorial assessment

Relevant for an investor who wants more control but accepts the portfolio limits and costs.

What deserves a closer look

  • The required 25% managed or single-sector allocation limits a wholly direct portfolio.
  • A newly registered legal fund is not evidence that the current consumer product has already transferred.

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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 NUMBERS

Fees and investment returns

Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.

APRA product data to 30 June 2026
MeasureSuperhero Super MySuper
Return basisMySuper net return after administration costs, $50,000 representative member
3-year return, per year9.95%
5-year return, per year5.96%
7-year return, per year6.67%
10-year return, per year6.79%
APRA strategic growth allocation80.50%
Reported total fees, net of tax, at $50,000$350 a year (0.70%)
Administration and advice costs, net of tax (included in total)$195 a year
2026 performance testPass
New-member status at reporting dateCheck 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.

A CLOSER LOOK

Inside Superhero Super

Accounts and products

Superhero Super Choice and MySuper.

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Investment choices

Diversified, single-sector, thematic and direct options. At least 25% of a Choice balance must remain across diversified or single-sector options.

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Insurance

MySuper and Choice insurance terms differ. There is no insurance in the retirement division; retaining accumulation cover requires a sufficiently funded super account.

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Retirement income

Retirement and transition-to-retirement accounts are available, with a $20,000 minimum under the PDS dated 2 June 2026.

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Advice and support

The service supports self-directed investment decisions. Personal advice should be arranged where needed.

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Fee details to check

Choice administration is $52 a year plus a balance-based fee; investment fees vary and direct investing adds costs. MySuper has its own schedule.

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Comparing investment performance

The website's investment returns exclude administration fees and costs. Direct portfolios have member-specific returns.

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Features worth considering

Direct ASX shares and ETF access.

Managed options alongside the direct facility.

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THE LEGAL FUND

Fund size in APRA's annual reporting

OneSuper

Total assets$7,627,323,000
Member accounts261,958

At 30 June 2025. These are legal-fund totals, which can include several products and more than one account per person.

APRA annual fund-level statistics, June 2025. These older totals can differ substantially after mergers. Size is not a measure of suitability or investment quality.

Sources for Superhero Super

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

  1. Investment options and return basis
  2. Product and fees
  3. Current additional information guide
  4. Retirement and transition-to-retirement PDS, 2 June 2026