Fees
Membership Fees
Christian Super is an industry Fund, meaning that all profits are returned to members. We charge what we incur in the operation of the Fund, and we do not pay commissions to any third party.
Our administration fee is a flat $1.60 per week.
The Fund has agreed with some Investment Managers that if they exceed set targets that they may be elgibile for a performance based fee which would be deducted from gross investment returns. In 2006/2007 performance fees paid were less than 0.001%.
In addition, an asset-based fee is charged, depending on your chosen investment option. The annual fee charged in each option is as follows:
| Option |
Fee (%p.a.) |
| Ethical Shares |
0.80% |
| Ethical Growth |
0.75% |
| Ethical Balanced |
0.70% |
| Ethical Stable |
0.65% |
| Ethical Cash |
0.35% |
Insurance
If you have insurance within the Fund, premiums will be deducted on a weekly basis.
Other Fees
When you withdraw your benefit (or part of your benefit) from the Fund, you are charged a benefit payment fee of $52.
If you request a family law split, a fee of $165 is charged.
Small account balances up to $1,000 are protected from fees exceeding investment returns.