mobiSuper Fees

Main fees and costs for the mobiSuper Balanced Investment Option


The table below provides a summary of the fees and costs for the mobiSuper Balanced investment option. The table can be used to compare the fees and costs of other superannuation products. These fees and costs may be deducted directly from your account balance or from the returns on your investment. Full details of all fees and costs are contained in the Reference Guide.
Unless stated otherwise, the fees and costs disclosed in this PDS include the Goods and Services Tax (GST)

TYPE OF FEE* AMOUNT HOW AND WHEN PAID
Investment Fee 0.00% Deducted from the assets of the fund before the unit pricing is calculated.
Administration Fee Member fee - $93.60 pa ($1.80 per week)
Plus 1.50% per annum
The weekly administration fee component is deducted monthly from your account balance. The other administration fee component is deducted from the assets of the Fund before unit prices are calculated.
Buy-Sell spread 0.116% / 0.117% Deducted on a transactional basis every time units in an investment option are bought and sold and is reflected in the unit price.
Switching fee Nil Not Applicable
Advice fees relating to all members investing in mobiSuper Balanced Fund**** Nil The Trustee does not permit adviser fees to be deducted from member balances in relation to this product.
Other fees and costs** The amount payable will depend on each member's personal circumstances. Please refer to the 'Additional Explanation of Fees and Costs in the Reference Guide available on our website - www.mobisuper.com.au
Indirect cost ratio*** Nil Not applicable

1   Capped fees on low balance accounts If your account balance for a product offered by the superannuation entity is less than $6,000 at the end of the entity’s income year, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.
2   Activity fees may also apply (i.e. insurance administration fees, activity fees and fees that you have consented to the Trustee deducting from your account). See the section “Additional Explanation of Fees and Costs” in the Reference Guide available on our website – www.mobisuper.com.au for a detailed explanation
*   See ‘Defined fees' on page 4.
**   The indirect cost ratio (ICR) shown above is indicative only. The actual amount you will be charged in subsequent financial years is not currently known and could be different. See the section “Additional Explanation of Fees and Costs” in the Reference Guide available on our website – www.mobisuper.com.au for a detailed explanation.

For further information please read the Product Disclosure Statement, Reference Guide and Insurance Guide.