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.
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.
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 June||Return %|
Note: Returns are net of fees and taxes. Past performance gives no indication of future performance.
Comparison between Return Target and 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
Estimated fees and costs from 1 July 2020 to 30 June 2021 for a representative member with a balance of $50,000 who does not incur any additional activity fees.
The following section provides further explanation of the terms used above.
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.
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 Band||Risk Label||Estimated number of negative annual returns over any 20 year period|
|1||Very low||Less than 0.5|
|2||Low||0.5 to less than 1|
Low to medium
|1 to less than 2|
|4||Medium||2 to less than 3|
|5||Medium to high||3 to less than 4|
|6||High||4 to less than 6|
|7||Very high||6 or greater|
Media Super's Balanced option is MySuper authorised (42574421650098).