Income account administration fees
Members pay a low administration fee of just $1.50 per week plus 0.10% p.a. for the first $800,000* of your account balance.
For balances under $6,000 a maximum 3% fee cap applies to all Australian Retirement Trust accounts, inclusive of administration fees, investment fees and indirect costs. The calculator does not include the 3% cap for account balances less than $6,000 and it does not include investment fees and indirect costs in its assumption, as this is dependent on how your superannuation is invested.
Fees and costs at a glance
The full range of fees and costs associated with an investment in Australian Retirement Trust Income accounts are set out below:
|Type of fee||Amount||How and when paid|
For the Retirement investment option: Estimated base fee of 0.24% p.a.2 plus estimated performance-related fee of 0.03% p.a.2, a total of 0.27 % p.a.2 of your account balance.
|Deducted daily from the investment option(s) as part of the calculation of daily unit prices.|
|Administration fee1, 3||
$1.50 per week*
Generally deducted from your account balance weekly.
|0.10% p.a. for the first $800,000 of your account balance only.
(If your Income account balance is over $800,000 a nil percent Administration fee applies to the balance over $800,000).
|Generally deducted from your account balance monthly.|
|Other fees and costs||Refer to the Additional explanation of fees and costs in this guide.|
|Indirect cost ratio1||For the Retirement investment option: 0.73% p.a.5
For Australian Retirement Trust's other investment options: 0.00% p.a. - 2.83% p.a.5
|Not charged by Australian Retirement Trust, but instead incurred within underlying investments and deducted from investment returns prior to calculation of daily unit prices.|
Want to learn more?
If you have an Australian Retirement Trust Accumulation account, check out the fees and costs that may apply to your account.
Take a look at the breakdown of investment fees and costs for each investment option.