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Best super fund?

Discussion in 'Other Asset Classes' started by AdamPineapples, 7th Nov, 2015.

  1. AdamPineapples

    AdamPineapples Well-Known Member

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    I was thinking about different super funds. I was thinking about contributing to my super every week.

    I am with hostplus and think Rest aswell. One of which is from my old job.

    I was wondering what people's opinions was about different supers? What will brim the best return over a long amount of time?
     
  2. Heinz57

    Heinz57 Well-Known Member

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    The one with the lowest fees.
     
  3. VB King

    VB King Well-Known Member

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    Australian super. Member direct, buy up blue chip Aussie shares with good yield. Cut out the fund manager who makes a percentage ... You don't give anybody a percentage on your IPs so why would you on super?
    And the franking credits are yours.
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

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    Use a site like superratings to guide you in making a decision.
     
  5. The Falcon

    The Falcon Well-Known Member

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    Ideally they will let you load up on ETFs and LICs, but last time I checked (before I started SMSF a couple of years ago) Australiansuper didn't allow this, was direct stocks only and then only 50% of total portfolio size. Regardless, the Australiansuper product is cheap, and of a good standard.
     
  6. HUGH72

    HUGH72 Well-Known Member

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    Australian Super.
     
  7. Scott No Mates

    Scott No Mates Well-Known Member

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    Roll your super into one fund to minimise fees, charges and insurance costs.

    Check out superratings to see how the funds compare.

    You say that you want to contribute weekly, is this going to be via salary sacrifice or out of your savings? (Sunsuper website has a calculator for achieving the best balance between pre & post tax contributions).
     
  8. Waterboy

    Waterboy Well-Known Member

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    I believe your super performance will more significantly be influenced by your asset allocation rather than which super company is administering the fund. Although of course it's important to pay attention to the fees involved.

    Last year, I have lost confidence in Australian shares. So all of my super was allocated to international shares. It was the best decision ever -- not only did the AUD drop, US and other developed markets have outperformed ASX shares in non-currency adjusted terms.