Fees and costs
What you need to know
Below is a brief overview of the fees and costs on your pension account in Australian Ethical.
You will need to read our superannuation product guide (PDS) 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 the amount contributed to your investment. This fee is only charged once when you roll your superannuation money into your account. |
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 There are rollover contribution fees between 0% - 2% on super transfers from another fund This fee may be negotiable if you retain a licensed financial adviser |
| Wiithdrawal fee The fee on each amount you take out of your investment |
$51.25 for any one-off withdrawal. This fee does not apply to pension payments that are paid out to you on a regular basis. |
| Termination fee The fee to close your investment |
NIL |
| Management costs: fees and costs for managing your investment | |
| Member fee | $51.25 per annum |
| Plus | |
| Administration and investment management fee | 1.9% per annum for Balanced, Growth, Smaller Companies and International Shares 1.13% per annum for Defensive and Conservative 1.1% per annum for Climate Advocacy |
| Plus | |
| Indirect costs | 0.7% for Defensive 0.47% for Balanced 0.46% for Growth 0.37% for Smaller Companies 1.06% for International Shares Conservative has no history of indirect costs, and it is anticipated to be similar to Balanced Climate Advocacy has no history of indirect costs, and it is anticipated to be similar to Smaller Companies |
| 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 |
