Child Care Super | Performance, features and fees
Child Care Super is a super fund designed with women in mind, and open for all Australians to join.
Child Care Super investment options
If you're under 25 you'll be invested in the Building Lifestage, and if you're 25-59 you'll be in the Growing Lifestage option. You can switch investment options at any time after joining.
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The information in this table is based on data provided by SuperRatings Pty Limited ABN 95 100 192 283, a Corporate Authorised Representative (CAR No.1309956) of Lonsec Research Pty Ltd ABN 11 151 658 561, Australian Financial Services Licence No. 421445. In limited instances, where data is not available from SuperRatings for a product, the data is provided directly by the superannuation fund.
*Past performance data and fee data is for the period ending December 2024
Key features of Child Care Super
- Super fund that's designed for women
- High long-term performance returns
- The MySuper investment product offers three different funds depending on what stage of life you're in: Building, Growing and Consolidating
- The MyMix product allows you to be more hands on with your super and how it's invested
- Eligible members will get a default level of insurance cover when joining
Child Care Super investment options
There are two main investment options: the MySuper product (this is the default option) or the MyMix option.
Option 1: MySuper
The MySuper product is the default option, and it invests your super in one of three different diversified portfolios depending on what stage of life you're in. Here are the three lifestages and how your money is invested with each one.
| MySuper lifestage | Risk level | About this stage |
|---|---|---|
| Building Lifestage | Very High | This is for under 25s, and has a very high level of risk. While you're young, your super is invested heavily in growth assets like local and international shares, with no exposure to defensive assets like cash. |
| Growing Lifestage | High | This is for 25-59s, and has a high level of risk. You're still a while away from retirement, so your super is still invested mostly in shares. However you'll also have low level of exposure to a few other investment classes too, like alternatives and property. |
| Consolidating Lifestage | Medium to High | This stage is for over 60s, and is focused on protecting the super you've accumulated in the other two life stages while also helping it grow more. You'll have a lot less exposure to high-risk assets like shares. |
Option 2: MyMix
The MyMix option allows you to choose between 8 diversified investment options and individual asset class options.
| Investment option | Risk level | About this portfolio |
|---|---|---|
| Secure | Low | This portfolio option is the lowest risk and also the lowest return as a result. It aims to protect your balance by investing completely in cash products which are very low risk. This option is suggested for members with a short investment time frame (i.e.: if you're already retired). |
| Conservative | Low to Medium | This portfolio aims for some level of growth while protecting the money that you've got. The investment allocations is roughly 32% in growth assets (like shares) and 68% defensive assets (like cash). |
| Balanced | Medium to High | This portfolio options aims to provide a balance between growth and also protecting your super balance with defensive assets. It's slightly higher risk than the Conservative option, with a slightly higher allocation towards shares. |
| Growth | High | This portfolio option aims to achieve a strong level of growth by investing in mainly high growth assets. It aims to invest about 79% of your balance in growth assets like shares, while keeping 19% in defensive assets as a small buffer for any major market volatility. |
| High Growth | High | This portfolio option is the most high risk, and also aims for the most growth. To achieve this, it invests you super balance almost entirely in shares. This option is suggested for members with a high risk tolerance and a ling investment time frame. |
| Property Securities | Very High | This option invested 100% of your balance in listed property. |
| Australian Shares | High | This option invests 100% of your balance in Australian shares. |
| International Shares (unheadged) | High | This option invests 100% of your balance in International shares. This option is unheadged, meaning it's not protected against currency price movements. |
Child Care Super default insurance cover
Eligible members will receive the following default insurance cover when joining:
- Death: This cover provides a lump sum payment to your nominated beneficiaries in the event of your death.
- Total and Permanent Disablement (TPD): This cover provides a lump sum payment to you in the event that you become permanently disabled.
- Income Protection: This cover is paid out in the even you can't work and lose your income.
You'll get a default, basic level of cover for the above insurances, however you can apply to increase your level of cover at any time if you think it's the right choice for you. You can also opt out of all insurance cover all together.
How do I join Child Care Super?
If you're ready to join Child Care Super, you can join online via the Child Care Super website. The application process is simple and should only take you 10–20 minutes to complete.
To complete the online application form you will need to provide:
- Your name, date of birth and gender
- Your address
- Your phone number and email address
- Your tax file number (TFN)
- Your chosen investment option and insurance cover (if you don't want to choose, you'll be placed in the MySuper strategy).
If you want to roll over your existing super into your new Child Care Super fund you'll also need to have your current super details handy.
You'll be sent the details of your new super account shortly after completing the online application form. If you'd like your employer to make your compulsory super payments into this fund, be sure to give your employer your Child Care Super account details.
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