Get to know your fees 

Acumen

Type of fee Amount How and when paid
Investment fee Estimated between 0.00% to 0.62% pa for the 12 months to 30 June 2020, including estimated performance related fees of up to 0.05% pa.
 
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Accrued and reflected in the unit price of each investment option and deducted from the income or  assets underlying the investment option. The fee is not deducted directly from your account.
Administration fee
The fee for administering your account
From $0.00 to $1.60 per week plus from 0.0% to 0.65% pa of your account balance at the end of the month. Deducted from your account at the end of each month.
Buy/Sell Spread Buy spread range: up to 0.20%, sell spread range: nil Included in the unit price for each option when we issue units to you upon receipt of a contribution or rollover for you, or you switch your investment option.
Switching Fee Nil Not applicable. However, a buy spread applies when investing in an investment option.
Exit Fee Nil Not applicable
Advice Fee
Relating to all members investing in a particular MySuper product or investment option 
Nil Not applicable
Other Fees and costs Insurance fees, if you have insurance cover in Acumen Refer to the Acumen Member guide in MemberAccess
Indirect cost ratio For Core Strategy, estimated to be 0.06% pa for the 12 months to 30 June 2020.

Estimated between 0.00% to 0.21% pa for the 12 months ending 30 June 2020.
Accrued and reflected in the unit price of each investment option and deducted from the income or assets underlying the investment option. The fee is not deducted directly from your account.
Transaction and operational costs, property operating costs and borrowing costs These are not new or extra fees and costs, but form part of the investment fee or indirect cost ratio You can learn more about these fees here

How your fees might look

The following tables show what your annual fees would look like if you are in the Core Strategy investment option over a one-year period and have a balance of $50,000.

If your account balance is less than $6,000 at the end of the financial year, or if you leave Rest, the total combined amount of administration fees, investment fees and indirect costs charged to you is capped at 3% of your account balance for the year (or the period until you left). 

Investment fee
0.55% of your balance per annum including a performance related fee of 0.03% per annum
$275
Plus administration fees From $0.00 to $1.60 per week plus 0% to 0.65% per annum of your account balance at the end of each month Between $0 to $83.20 regardless of your balance plus
between $0 to $325 per annum
Plus indirect cost ratio 0.06% per annum $30
Total        Between $305 to $713.20 per annum
Investment fee
0.55% of your balance per annum including a performance related fee of 0.03% per annum
 
$275
 
Plus administration fees
0.55% of your balance per annum including a performance related fee of 0.03% per annum
From $0.00 to $1.60 per week plus 0% to 0.65% per annum of your account balance at the end of each month
$275
Between $0 to $83.20 regardless of your balance plus
between $0 to $325 per annum
Plus indirect cost ratio
0.55% of your balance per annum including a performance related fee of 0.03% per annum
0.06% per annum
$275
$30
Total
0.55% of your balance per annum including a performance related fee of 0.03% per annum
      
$275
Between $305 to $713.20 per annum