Fees and costs

What you need to know

Below is a brief overview of the fees and costs that may be applicable to your super or pension with Australian Ethical.

You need to read our super product disclosure statement for the full list and explanation of fees and costs, as well as examples on how these fees and costs affect your investment.

TYPE OF FEE OR COST AMOUNT
Fees when your money moves in or out of the Fund
Establishment fee
The fee to open your investment.		 NIL
Contribution fee
 The fee on each amount contributed to your investment – either by you or your employer (excluding direct rollovers in).

3.6% for contributions to Conservative, Balanced, Growth, Smaller Companies and International Shares

0.5% for contributions to Defensive

NIL for contributions to Climate Advocacy

We reduce this fee for direct contributions of $6000 and above.

This fee may be negotiable if you retain a licensed financial adviser.

A 0.5% discount may apply if your employer has chosen us as their default fund or is in a participation agreement with us.

Withdrawal fee
The fee on each amount you take out of your investment.		$53.10 for any one-off withdrawal. This fee does not apply to regular income stream payments.
Termination fee
The fee to close your investment.		 NIL
Buy-sell spread
The difference between the price at which you can buy a unit and the price at which you can sell it; a measure of transaction costs.
Investment optionBuySell
Defensive0%0%
Conservative0.03%0.03%
Balanced0.11%0.08%
Growth0.05%0.05%
Smaller Companies0.04%0.03%
International Shares0.08%0.05%
Climate Advocacy0.10%0.07%
Management costs: fees and costs for managing your investment
Member fee $53.10 per annum
Plus
Administration and investment management fee.

0.9% per annum for Defensive, Conservative and Climate Advocacy

1.49% per annum for Balanced

1.55% per annum for Growth, Smaller Companies and International Shares
Plus
Indirect costs

1.08% for Defensive
(0.78% for Pension)

0.88% for Conservative
(0.84% for Pension)

0.95% for Balanced
(0.62% for Pension)

0.88% for Growth
(0.58% for Pension)

0.78% for Smaller Companies
(0.47% for Pension)

0.73% for International Shares
(1.01% for Pension)

0.54% for Climate Advocacy
Service fees 
Investment switching fee
The fee for changing investment options.		 0% - 3.075% when switching from an investment with a lower contribution fee to one with a higher contribution fee.