MySuper product dashboard

The Vision MySuper product dashboard is to help you understand the Vision MySuper product's investment returns, risks and fees. The Vision MySuper product is invested in our Balanced Growth investment option.  

You can use this dashboard to compare Vision MySuper with other MySuper products. Go to ASIC's MoneySmart website for more information on how to pick the right MySuper fund for you.

 If you have any questions about Vision Super’s MySuper product, call us on 03 9911 3222, or 1300 300 820 if you’re calling from a regional area.

Return target Return
CPI (inflation) plus 3.5% per year (after fees and taxes) averaged over 10 years (from 1 July 2017 to 30 June 2027). 10 year average return of 4.83% as at 30 June 2017.
Future returns cannot be guaranteed. This is a prediction.  
Level of investment risk Statement of fees and other costs
Medium to high 
Negative returns are expected between three to four years out of every 20 years. The higher the return target, the more often you would expect a year of negative returns.
$538 per annum 
For a representative MySuper member with a $50,000 account balance.

 

Future returns cannot be guaranteed. This is a prediction.

Comparison between return target and return
 

Past returns are not necessarily an indication of future returns.

 
Hover over the lines and bars to view individual return figures. The above graph does not show the actual target return for each year against the net annual return for that year. This can be seen in the chart below. 

 

                                 Past returns are not necessarily an indication of future returns.

Glossary

Return target

Return target

This represents the average annualised net return for Vision MySuper over the next 10 years (from 1 July 2017 to 30 June 2027). CPI refers to the Consumer Price Index which is an inflationary indicator that measures the change in the cost of a fixed basket of products and services as released by the Australian Bureau of Statistics (ABS).

The method for calculating the Return target is prescribed in MySuper legislation. It is intended to help people compare different MySuper funds. It is not necessarily the same as the Investment objective for the Balanced Growth (MySuper) option (CPI + 3.5% pa).

Future returns cannot be guaranteed. This is a prediction.

Return

Return

This represents the net return of a representative member. The net return of the representative member is the net investment return less investment fees, administration fees, costs and taxes. Investment returns are not guaranteed.

Past performance is not a reliable indicator of future returns.

Comparison between return target and return

Comparison between return target and return

The first graph outlines the comparison between the historical return target and the historical returns for the Vision MySuper option for the previous 10 financial years as follows:
  • The orange columns represent the net annual return of a representative member for each year in the comparison period
  • The blue line represents the 10 year moving average return target, and
  • The yellow line represents the 10 year moving average net return of a representative member.

The first graph does not show the actual return target for each year against the net annual return for that year in the comparison period.

When the yellow line is above the blue line, the Vision MySuper option’s 10 year moving average net return for a representative member has outperformed the 10 year moving average return target.

Level of investment risk

Level of investment risk

This represents the estimated number of years in a 20 year period where negative net investment returns may occur. This is based on the Standard Risk Measure (SRM) Guidance Paper for Trustees and SRM Implementation Guidance for Trustees which has been issued by the Association of Superannuation Funds of Australia and the Financial Services Council to develop a consistent methodology for determining a standard measure of investment risk.

The 'medium to high' rating means that there is likely to be three to four periods of negative annual net investment returns over a 20 year period. The SRM is based on industry guidance to allow members to compare investment options that are expected to deliver a similar number of negative annual returns over any 20 year period.

The SRM does not take into account all forms of investment risk such as:

  • The size of a negative return
  • The potential for a positive return to be less than you may require to meet your objectives
  • The impact of administration fees and taxes on the likelihood of a negative return.

You should still ensure that you are comfortable with the risks and potential losses associated with this investment option.

Statement of fees and other costs

Statement of fees and other costs

This represents the dollar value of fees and other costs that will be deducted from a representative member’s account balance in the Vision MySuper option during the current year.

Fees and costs for the current financial year include an estimate of the indirect investment costs based on those costs for the year ended 30 June 2016. The investment costs for future years are not currently known and can be higher or lower. In the event that we increase our fees to cover any additional costs, we will notify you at least 30 days in advance and will update our disclosures on our website.

 

 

Close

Member login

Employer login