How is your fund performing?

Find out if you are paying high fees for underwhelming performance from your fund

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APIR Code

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Sector

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Benchmark

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Morningstar Rating

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART cannot make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

You can't control returns, but you can control fees

Over the long term, most fund managers will underperform the industry standard benchmarks by the cost of their fees.

Fund Category Comparison Index Funds Underperforming (%)
3yr 5yr 10yr
Avg. underperformance
Over 10 yrs
Average
Fees p.a
Multisector Moderate Morningstar Aus Msec Moderate TR AUD 96% 97% 96% -1.54% 1.58%
Multisector Growth Morningstar Aus Msec Growth TR AUD 90% 95% 92% -1.62% 1.69%
Bonds - Australia Bloomberg AusBond Composite 0+Y TR AUD 79% 87% 85% -1.64% 1.20%
Equity Australia Large Blend S&P/ASX 200 TR AUD 68% 65% 56% -0.74% 1.05%
Equity World Large Blend MSCI World Ex Australia NR AUD 80% 90% 80% -1.66% 1.47%
Equity Australia Real Estate S&P/ASX 200 A-REIT TR 72% 85% 72% -0.79% 1.27%

Source: InvestSMART, Morningstar, May 2018.
Only funds and investment products included in the Morningstar Australia database are available for comparison. This may not include all funds available for retail investment in Australia. Only funds with > three year returns were included, and were compared to Morningstar's nominated benchmark. Fees are calculated by Morningstar as the average over 10 years. Whilst every care has been taken in producing these numbers, InvestSMART does not guarantee the accuracy of the figures produced in the table.

Disturbing stats

Out of the 5,312 funds with a 10 year track record, 76% will underperform the industry standard benchmarks by an average of 1.75%, with average fees at 1.73%.

Underperform the industry standard benchmarks

76%

Of funds underperform the industry standard benchmarks

Funds Under Management

$328 Billion

Funds Under Management

Avg. Fees p.a.

1.73%

Avg. Fees p.a.

Avg. Underperformance

-1.75%

Avg. Underperformance

Analysis based on data sourced from Morningstar, as at May 2018. Funds that had a 10-year track record were analysed against the standard industry benchmarks. Whilst InvestSMART has taken care in producing these numbers, guarantees cannot be made around the complete accuracy of these figures.

Don't let high fees kill your returns

Our low cost funds have fair and transparent fees to help you keep more money in your pocket.

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Performance figures after investment and admin fees.