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Home Investments Investment options MySuper Dashboard & Member Outcomes

MySuper Dashboard & Member Outcomes

MySuper Dashboard

The MySuper balanced option dashboard shows net investment return information as required by law and should be used for comparative purposes. Go to ASIC’s MoneySmart website for more information on how to pick the right MySuper product for you.

Representative member account

The investment return information is based on a representative member account balance of $50,000 each year in the MySuper balanced option. A representative member account balance assumes that:

  • the 1 July balance each year is $50,000;
  • no contributions are received; and
  • the representative member account balance changes only due to the deduction of certain fees and costs.

The figures shown are less investment fees and administration fees, costs and taxes. Insurance fees and activity fees are not included in these calculations. Any return shown here may not be equivalent to the investment return reported elsewhere by the Fund and may not be the return credited to your account.

Definitions

Return

The return is the investment return of a representative member net of administration and investment fees, costs and taxes. A representative member is one who is fully invested in the MySuper Balanced option and maintains a balance of $50,000 throughout each year with no contributions received.

Return target

The return target is the expected return above inflation (after fees and costs) over a ten-year period.

Level of investment risk

This is the level of investment risk for the MySuper Balanced option using the Standard Risk Measure that applies to risk descriptions that range from very low to very high.

Statement of fees and other costs

Based on a member with a $50,000 balance in the MySuper Balanced option, the fees and other costs include the investment fee, administration fee and other indirect costs incurred in either investing the portfolio or administering the account. In calculating the portfolio returns shown in the table, these fees and other costs have been deducted. These fees do not include activity fees or insurance fees that a member may choose to incur. The fees and costs shown may change.

From 1 July 2021, the fees and other costs include the Administration fees and costs, Investment fees and costs, and Transaction costs which are all explained in the legalsuper Product Disclosure Statement.    

The information in this MySuper product dashboard is specific to legalsuper. It does not take into account your objectives, financial situation, or needs. You should consider your own financial position, objectives, and requirements, and obtain and read the legalsuper Product Disclosure Statement (PDS) before making any decision based on anything included on this website. The PDS can be obtained here or by contacting us. Past performance is not a guide to future performance.

Member Outcomes Dashboard

The Member Outcomes Dashboard is a statement that sets out the Trustee of legalsuper's Member Outcomes Assessment and determination for legalsuper's MySuper, Choice, and Pension investment options. 

For the year ended 30 June 2020, comparisons have been made between the

  • investment returns
  • level of investment risk
  • fees and costs; and
  • other options, benefits, and facilities.

offered by legalsuper with products offered by other regulated superannuation funds. 

You can view the Member Outcomes Dashboard here:

Member Outcomes Dashboard (270.62 KB)