Equip Super has a history rooted in a long-term commitment to its members, having evolved from a workplace scheme into a modern industry fund. It is headquartered in Melbourne, Australia.
🕰️ Founding History Equip Super was founded in 1931 as the Provident Fund of the State Electricity Commission of Victoria. Its original purpose was to provide a pension scheme for the employees of the SEC of Victoria.
🤝 Core Ethos Equip Super operates as a profit-to-member industry super fund, meaning all profits are used to benefit members rather than external shareholders. The fund's objective is to deliver competitive returns, lower fees, and better retirement outcomes for its members.
🇦🇺 Key Member Fact The fund has grown significantly through mergers and is now a fund of scale, managing billions in assets for over 140,000 members across Australia. Equip Super provides superannuation, defined benefit, and retirement income plans to members from a wide range of sectors.
🧭 Responsible Investing The fund is committed to integrating environmental, social, and governance (ESG) factors into its investment approach to enhance long-term, risk-adjusted returns for its members. Equip Super believes that managing these non-financial risks is fundamental to its fiduciary responsibility.
Assets Under Management
$35 Billion
Total Members
140,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$462 on $50k
Equip Super's default MySuper option targets a 70/30 growth-to-defensive asset allocation. The portfolio is diversified across Australian shares (25%), overseas shares (30%), property (7%), infrastructure (9%), alternatives (5%), fixed interest (19%), and cash (5%). ESG considerations are integrated into the investment process across all options, and the fund also offers a Future Focus option for members seeking higher exposure to responsible investments.
At an estimated $462 per year on a $50,000 balance, Equip Super sits just below the industry median of $467. The fund's fee structure combines a flat weekly administration fee of $1 with a percentage-based component of 0.19% p.a., plus investment and transaction costs. This competitive fee level reflects the fund's focus on keeping running costs low for members.
Equip Super suits members looking for a well-established, profit-to-member industry fund with competitive fees and a solid long-term performance history. It is particularly well-suited for those who value a straightforward default investment option, integrated responsible investing practices, and access to financial advice services.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| AP Australian Shares | +9.92% | +9.57% | +9.13% | +10.03% |
| AP Balanced | +8.08% | +7.87% | +5.93% | +6.71% |
| AP Balanced Growth | +9.30% | +9.15% | +7.20% | +8.36% |
| AP Capital Stable | +6.53% | +6.07% | +4.25% | +4.78% |
| AP Cash | +4.03% | +4.36% | +3.08% | +2.30% |
| AP Diversified Fixed Interest | +2.37% | +2.66% | +0.88% | +2.04% |
| AP Future Focus | +9.11% | +5.20% | +4.80% | N/A |
| AP Growth | +10.48% | +10.49% | +8.14% | +9.70% |
| AP Growth Plus | +11.18% | +11.38% | +8.79% | +11.01% |
| AP Index Diversified | +9.81% | N/A | N/A | N/A |
| AP Overseas Shares | +11.81% | +14.81% | +8.89% | +12.54% |
Want to see how Equip Super stacks up against others?
Learn More
Read our superannuation guides to understand your options better.
Calculate Savings
See how much you could save by switching to a lower-fee fund.
Compare All Funds
Browse and compare all available Australian super funds.
Best High Growth Funds
In-depth analysis of Australia's top high growth super fund options.
