Fees and taxes

Fees

We’ll deduct some money from your account to cover the cost of looking after and investing your money.

Because we’re a profits-to-member fund, our fees are set to cover our costs only. We don’t pay dividends to shareholders or commissions to financial advisers. This means we return more to you through lower fees and charges.

Type of fee	Amount	How and when paid
Investment fee¹	Account based pension Aggressive 0.38%, Growth 0.35%, Balanced 0.31%, Stable 0.28%, Capital Guarded 0.29%, Australian Shares 0.22%, International Shares 0.32%, Property 0.07%, Bonds 0.18%, Cash 0.10%, Term Deposit 0.00% Pre retirement pension Aggressive 0.39%, Growth 0.37%, Balanced 0.32%, Stable 0.29%, Australian Shares 0.22%, International Shares 0.33%, Property 0.07%, Bonds 0.18%, Cash 0.10%	We generally calculate and deduct this fee daily when unit prices are determined
Administration fee	$180 pa	Deducted proportionally from your account monthly.
Buy-sell spread	Nil
Switching fee	Nil
Exit fee²	Nil
Advice fees	We offer a complimentary appointment with a financial adviser for all members and personal advice fees are up to a maximum of $2,750.	You pay or, for the portion of the advice that is super related, you can choose to have it deducted from your super account.
Other fees and costs³	Nil
Indirect cost ratio¹	Account based pension Aggressive 0.44%, Growth 0.49%, Balanced 0.53%, Stable 0.52%, Capital Guarded 0.52%, Australian Shares 0.00%, International Shares 0.00%, Property 0.05%, Bonds 0.11%, Cash 0.01%, Term Deposit Nil Pre retirement pension Aggressive 0.43%, Growth 0.48%, Balanced 0.51%, Stable 0.47%, Australian Shares 0.00%, International Shares 0.00%, Property 0.05%, Bonds 0.11%, Cash 0.01%	This is an estimate of the annual indirect cost ratio for each investment option. The actual costs are deducted from the return paid to the Fund when each unit price is determined.

¹The investment fees and indirect costs shown are estimated by reference to investment related fees and costs, including underlying investment manager costs, incurred for the 12 month period to 30 June 2018. Accordingly, actual investment and indirect costs over the current period of the PDS will vary based on actual fees and costs incurred in that period.

²If you invest in the Term Deposit investment option, the financial institution that issues your term deposit might charge early exit or termination fees if you terminate your term deposit before the expiry of the fixed term. Details of these fees will be available at the time you make an investment and vary across financial institutions. These fees are not charged by the Mine Superannuation Fund. The Term Deposit investment option isn't available in our pre retirement pension.

³We may apply other fees and costs which relate to family law splits, answering subpoenas and advice fees for personal advice. See the Additional explanation of fees and costs for further details.

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^{The information is not a substitute for financial advice. It doesn't take into account your objectives, financial situation or specific needs. You should consider seeking advice before acting on any of this information. If you have a choice about whether to join this Fund you should first consider our Product Disclosure Statement, which you can download from this website or call 13 64 63 to request a copy. If you need personal financial advice Mine Super Financial Advice can help. As salaried employees, Mine Super Financial Advice fully qualified advisers can look at your financial position and put in place strategies specifically tailored to your circumstances and needs. Call 13 64 63 to speak to an adviser or arrange a face to face meeting at one of the many regional centres of Queensland, New South Wales, Western Australia and Tasmania.}