🧑🏫 A Legacy of Service Aware Super was formed through the merger of several respected funds, including First State Super, VicSuper, and WA Super, with a heritage dating back to 1992. The fund was built on a strong history of serving Australia’s essential workers, such as teachers, nurses, and emergency services personnel.
🤝 For Members, Not Shareholders As one of Australia's largest profit-for-member funds, Aware Super is run only to benefit the more than one million members it serves. From its headquarters in Sydney, the fund is committed to acting in its members' best financial interests to help them achieve their retirement goals.
🌱 Investing with Purpose Aware Super believes in responsible investing to deliver strong long-term returns while also creating a positive impact. The fund invests in assets that contribute to the community, such as affordable housing and renewable energy, aligning financial performance with purpose.
Assets Under Management
$177 Billion
Total Members
1,150,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$457 on $50k
Aware Super's default MySuper Lifecycle option automatically adjusts its asset allocation based on a member's age. For members aged 55 and under, the Grow stage targets an 88/12 growth-to-defensive split, meaning the vast majority of savings are invested in assets like shares, private equity, and infrastructure. As members approach retirement, the allocation gradually shifts toward more defensive assets such as bonds and cash to reduce volatility. The fund invests across both listed and unlisted assets and integrates responsible ownership across all options.
At an estimated $457 per year on a $50,000 balance, Aware Super sits just below the industry median of $467. The fund's large scale helps keep investment management costs competitive, while the administration fee structure — a flat $1 per week plus 0.15% of the account balance, capped at $750 per year — means costs are predictable and do not escalate disproportionately for larger balances.
Aware Super suits members who want a large, established profit-for-member fund with strong long-term performance and a hands-off default investment approach. It is particularly well-suited for current and former public sector workers in NSW, Victoria, and Western Australia, as well as anyone who values responsible investing, free basic advice, and a broad range of investment options.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| Australian Shares | +11.55% | +9.63% | +8.91% | +9.76% |
| Balanced | +6.74% | +8.19% | +6.53% | +7.92% |
| Balanced Indexed | +8.87% | +10.40% | N/A | N/A |
| Balanced Socially Conscious | +8.06% | +9.56% | +7.67% | +8.58% |
| Bonds | +2.01% | +2.22% | N/A | N/A |
| Cash | +3.81% | +4.07% | +2.97% | +2.28% |
| Conservative | +4.72% | +5.45% | +4.30% | +5.12% |
| Conservative Balanced | +5.74% | +6.76% | +5.31% | +6.28% |
| Defensive | +4.43% | +4.95% | +3.60% | +4.01% |
| High Growth | +7.41% | +9.20% | +7.50% | +9.27% |
| High Growth Indexed | +9.97% | +11.86% | N/A | N/A |
| High Growth Socially Conscious | +9.06% | N/A | N/A | N/A |
| International Shares | +7.78% | +15.12% | +11.81% | +12.25% |
| Lifecycle - Enjoy Age 65 and over | +5.74% | +6.76% | +5.31% | +6.28% |
| Lifecycle - Grow Age 55 and under | +7.41% | +9.20% | +7.50% | +9.27% |
| Lifecycle - Manage Age 56 | +7.28% | +9.00% | +7.31% | +9.00% |
| Lifecycle - Manage Age 57 | +7.14% | +8.79% | +7.11% | +8.73% |
| Lifecycle - Manage Age 58 | +7.01% | +8.59% | +6.92% | +8.46% |
| Lifecycle - Manage Age 59 | +6.88% | +8.39% | +6.72% | +8.19% |
| Lifecycle - Manage Age 60 | +6.74% | +8.19% | +6.53% | +7.92% |
| Lifecycle - Manage Age 61 | +6.54% | +7.90% | +6.29% | +7.59% |
| Lifecycle - Manage Age 62 | +6.34% | +7.62% | +6.04% | +7.26% |
| Lifecycle - Manage Age 63 | +6.14% | +7.33% | +5.80% | +6.94% |
| Lifecycle - Manage Age 64 | +5.94% | +7.04% | +5.55% | +6.61% |
| Property | +5.75% | +5.31% | +3.75% | +5.49% |
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