Early access to super applications

If your application through myGov for an early release payment is approved by the ATO, they will send you a confirmation and notify Media Super. We will generally process your payment within five business days. Read the full details about timing and info to check before applying.

MySuper Dashboard

This dashboard provides information on Media Super’s Balanced MySuper investment option.

You can use this to compare our MySuper product with MySuper products from other super funds. The return target, return and fees and costs data in the dashboard have been calculated for a member with a balance of $50,000.

My super dashboard

Return Target

The return target for the ten years from 1 July 2019 to 30 June 2029 is a 50% probability of achieving a net return of 3.3% p.a. above CPI*.

CPI refers to the Consumer Price Index, an indicator of inflation published by the Australian Bureau of Statistics. Investment returns are not guaranteed.

Return

The average return for the 10 years to 30 June 2019 was 8.22% p.a. Individual financial year returns are provided in the table below.

Financial year ending 30 JuneReturn %
20117.66
2012-0.57
201314.57
201412.00
20158.91
20162.76
201711.29
20189.90
20198.49
2020-0.55

Note: Returns are net of fees and taxes. Past performance gives no indication of future performance.

Comparison between Return Target and Return*

20200729 My Super dashboard target vs return

Level of Investment Risk (Standard Risk Measure)

Medium to High - Negative returns expected in 3.4 out of every 20 years.

Note:
The higher the return target, the more often you would expect a year of negative returns.

Statement of fees and other costs

$495.

Estimated fees and costs from 1 July 2019 to 30 June 2020 for a representative member with a balance of $50,000 who does not incur any additional activity fees.

*Explanatory notes

The following section provides further explanation of the terms used above.

Return target

In addition to the return target stated above, the trustee’s objective is, over rolling ten-year periods, having a 70% probability of achieving a net return of 3.5% p.a. above CPI.

Return

All returns shown in this product dashboard are returns net of investment fees and taxes and net of administration fees for a representative member with a balance of $50,000. Returns shown here may therefore differ from the returns published elsewhere, which do not allow for all administration fees.

Investment risk – what is the Standard Risk Measure?

The Standard Risk Measure (SRM) is a guide as to the likely number of negative annual returns expected over any 20 year period. The purpose of the SRM is to provide members with a label to assist in comparing investment options both within and across various superannuation funds. The SRM is not a complete assessment of all forms of investment risks and investors should ensure that they are comfortable with the risks and potential losses associated with their chosen investment option(s).

We estimate the risk of each investment option based on assumptions about how investment markets are forecast to perform, the likely fluctuation in returns and the relationship between asset classes. These assumptions are not guaranteed.

The SRM will be reviewed annually or in the interim if we believe there has been a material change to the underlying risk and return assumptions. These risk bands and risk labels are based on the seven categories listed below as provided for in the SRM guidance issued jointly by the Association of Superannuation Funds of Australia Limited and Financial Services Council in July 2011.

Risk BandRisk LabelEstimated number of negative annual returns over any 20 year period
1Very lowLess than 0.5
2Low0.5 to less than 1
3

Low to medium

1 to less than 2
4Medium2 to less than 3
5Medium to high3 to less than 4
6High4 to less than 6
7Very high6 or greater

Media Super's Balanced option is MySuper authorised (42574421650098).

For further information about our fees and costs or our wide range of investment options please read the Additional Information About Your Super Guide or our Investment Guide.