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How is your fund performing?

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

To find your fund easily, please use the APIR code.

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Details

APIR Code

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Sector

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Benchmark

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Morningstar Rating

Fund Performance Comparison as at {{fund.returnDate | date:'dd MMM yyyy'}}

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Peers
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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.

Don't let high fees kill your returns

The {{ modelPortfolio.name }} portfolio has fair and transparent fees to help you keep more money in your pocket.

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Don't let high fees kill your returns

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Asset Allocation

Asset allocation is important in comparing funds. Just because a fund has the same benchmark, does mean it has the same risk vs reward profile. Comparing the assets within a fund is important to making sure you are comparing apples with apples.

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Average Allocation of Peers
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What should I do next?

Learn more about our low-cost products

Our analysts have created multi asset class and single asset class diversified portfolios for you to invest in. You can’t control your returns, but you can control your costs and diversification. We may sound like a broken record talking about cost and diversification but it's because we truly believe in it.

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Use our filter tools to find a low cost alternative
Want to take control? InvestSMART has a range of tools to help you select the right exchange traded fund (ETF), managed fund or listed investment company (LIC) to provide you with the investment approach you are looking for. InvestSMART also has a range of model portfolios where you can see the exact investments we use in each portfolio so you can copy these knowing they have been selected by experts. Be your own fund manager.
Talk to your financial advisor
Use the comparison results as a chance to speak with your financial advisor. There may be cheaper and more efficient options out there for you now then compared to when you originally invested.
Remain in your fund
Hey, at least you now know. Also, you need to consider the costs of switching from your current investment. If your fund has exit fees or transaction costs the move to a lower cost alternative may not be in your best interests. There might also be tax consequences that you will need to consider.

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 can 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.

Free special report on fees
Fund Category Comparison Index Funds Underperforming (%)
3yr 5yr 10yr
Avg. underperformance
Over 10 yrs		 Average fees
for underperforming
funds p.a.
Multisector Moderate Morningstar Aus Msec Moderate TR AUD 96% 98% 98% -1.89% 1.66%
Multisector Balanced Morningstar Aus Msec Balanced TR AUD 96% 98% 97% -2.21% 1.63%
Multisector Growth Morningstar Aus Msec Growth TR AUD 95% 97% 97% -2.28% 1.83%
Multisector High Growth Morningstar Aus Msec Aggressive TR AUD 94% 98% 94% -1.91% 1.68%
Bonds - Australia Bloomberg AusBond Composite 0+Y TR AUD 84% 96% 78% -1.27% 1.16%
Equity Australia Large Blend S&P/ASX 200 TR AUD 79% 79% 72% -1.23% 1.35%
Equity World Large Blend MSCI World Ex Australia NR AUD 75% 81% 88% 2.26% 1.77%
Equity Australia Real Estate S&P/ASX 200 A-REIT TR 76% 88% 91% -2.49% 1.54%

Source: InvestSMART, Morningstar, June 2022.
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 5,494 funds with a 10 year track record, 81% underperformed the industry standard benchmarks by an average of 2.12%, with average fees at 1.79%.

Free special report on fees
Underperform the industry standard benchmarks

81%

Of funds underperform the industry standard benchmarks

Funds Under Management

$594 Billion

Funds Under Management

Avg. Fees p.a.

1.79%

Avg. Fees p.a.

Avg. Underperformance

-2.12%

Avg. Underperformance

Analysis based on data sourced from Morningstar, as at June 2022. 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.

Free special report on fees
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