Fees
Investment management fees are for managing the fund’s investments. They include the fees and expenses for our investment managers and the services of the custodian and asset consultant.
These fees are included in the calculation of the unit prices and are not charged directly to your account.
Some managers appointed by the Fund have fee scales which incorporate a fee which depends on their performance relative to a specified benchmark. The performance component cannot be predicted in advance so the investment management fees may differ from year to year.
The investment management fees of Catholic Super's Superannuation options (for the year ended 30 June 2009) were as follows:
| Managed Choice Option |
Base fee (p.a.)
|
Performance fee (p.a.)
|
Total fee (p.a.)
|
|
0.78%
|
0.62%
|
1.40%
|
|
|
0.75%
|
0.50%
|
1.25%
|
|
|
0.76%
|
0.40%
|
1.16%
|
|
|
0.53%
|
0.29%
|
0.82%
|
|
|
0.42%
|
0.15%
|
0.57%
|
|
| Build Your Own Option |
Base fee (p.a.)
|
Performance fee (p.a.)
|
Total fee (p.a.)
|
|
0.66%
|
0.72%
|
1.38%
|
|
|
0.83%
|
0.74%
|
1.57%
|
|
|
0.76%
|
0.00%
|
0.76%
|
|
|
0.20%
|
0.00%
|
0.20%
|
|
|
0.11%
|
0.00%
|
0.11%
|
For further information on all fees and charges relating to Catholic Super please refer to the Product Disclosure Statement (Member Guide)
