When you join Vision Super directly, via our digital join form, you become a Vision Personal member. As a Vision Personal member, you have access to 13 different investment options, however when you apply to join Vision Personal, you are doing so on the basis that your account balance (including contributions) will be invested in the Balanced low cost investment option until you make an investment choice.
*‘Low cost’ refers to the low ongoing fees and costs (including investment related fees) of the Balanced low cost option compared with other superannuation investment options in the marketplace and is subject to change. Refer to the APRA Choice Heatmap here. The APRA Choice Heatmap is based on data as at 30 June 2022 and is subject to change.
Example Balanced low cost option | Balance of $50,000 | |
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Administration fees and costs | $78 pa ($1.50 per week) plus 0.14% of your account balance | For every $50,000 you have in the superannuation product, you will be charged or have deducted from your investment $55 in administration fees and costs, plus $78 regardless of your account balance.1 |
Plus Investment fees and costs | 0.11% | And2 you will be charged or have deducted from your investment $55 in investment fees and costs. |
Plus Transaction costs | 0.01% | And2 you will be charged or have deducted from your investment $5 in transaction costs |
Equals Cost of product | If your balance was $50,000 at the beginning of the year, then for that year you will be charged fees and costs of $208* for the superannuation product. |
Explore our range of investment options. You can mix and match your options to suit your goals, your timeframe and your preferred level of risk. So when your needs change, so can your investment options.
Download and read the Vision Personal Product Disclosure Statement and personal investment guide for information about our Balanced low cost option and other investment options.