This is a SuperGuide profile of CareSuper, including fund performance, member demographics, value of assets under management, contact details, and administration details (such as ABN and USI).
This profile is factual information and is not an advertisement or recommendation for CareSuper.
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CareSuper was established in 1986 to look after super for office-based employees, and is now the largest industry super fund for people in professional, managerial, administrative and service occupations in all business sectors.
CareSuper overview
CareSuper is a Public offer Industry fund.
CareSuper has 25 investment options, 1 MySuper products authorised and 47% of its total assets are invested in a default or MySuper strategy.
Learn more about MySuper funds and the different types of super funds.
Of the 142 funds that provided asset data, CareSuper ranks 21 largest in terms of total assets under management, which are valued at approximately $24.5 billion.
Of the 142 funds that provided member data, CareSuper ranks 20 largest, with 230,042 members.
CareSuper performance
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See also our features on the best performing super funds and the best performing pension funds.
If your fund is not listed as a top performer, check where it appears in our super fund rankings or our pension fund rankings.
Awards won by CareSuper
In recent years CareSuper has won the following awards:
- 2021: Investment option (SuperRatings)
- 2018: MySuper of the year (SuperRatings)
- 2017: Choice Super of the year (SuperRatings)
- 2016: Choice Super of the year (SuperRatings)
- 2015: Best Fund: Integrity (Chant West)
- 2011: Choice Super of the year (SuperRatings)
Learn more about the Super funds of the year awards and Pension funds of the year awards.
CareSuper member profile
CareSuper has 230,042 members, which ranks it at number 20 largest of 139 funds.
In the 2020 financial year, the number of CareSuper members changed by -6%, which places them at 81 of 139 funds in terms of growth.
56% of CareSuper's members are female (compared to an average of 46% across all funds), and 43% are male (compared to an average of 54% across all funds).
CareSuper member gender overview
In the charts below you can see the age and gender breakdown for CareSuper fund membership and how that compares across all super funds.
CareSuper member age overview (male)
Source: APRA. Data contained in these chart as at 30 June 2020
CareSuper member age overview (female)
Source: APRA. Data contained in these chart as at 30 June 2020
In the chart below you can discover the member balances for CareSuper members, and how that compares across all super funds.
The average member account balance for CareSuper is $70,000.
CareSuper member account balances overview
Data contained in these chart as at 30 June 2020
CareSuper ABN
The CareSuper ABN number is 98172275725.
CareSuper USI
The CareSuper USI is CAR0100AU.
CareSuper SPIN
The CareSuper SPIN is CAR0100AU.
CareSuper administration details
Below you can find the administration details for CareSuper including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how CareSuper is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund's RSE licensee | CARE Super Pty Ltd |
| Public offer status | Public offer |
| Fund type | Industry |
| Year Started | 1986 |
| RSE licensee ownership type | Financial services corporation ownership |
| RSE licensee profit status | Not for profit status |
| RSE licensee board structure | Equal representation required by governing rules |
| RSE licensee balance date | 6/30/2020 |
| Investment expenses ratio | 0.4% (average is 0.18%) |
| Operating expenses ratio | 0.3% (average is 1.06%) |
| Number (and percentage) of female directors | 5 (50% - average is 39%) |
| Number (and percentage) of male directors | 5 (50% - average is 61%) |
| Total remuneration of directors on trustee board | $673,000 (average is $474,000) |
| Average remuneration of directors on trustee board | $67,000 (average is $63,000) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2020
CareSuper contact details
Below you can find contact details for CareSuper including website, email and physical address as well as social media accounts if they are available.
| Address |
Locked Bag 20019 Melbourne Melbourne 3001 |
| Phone number | 1300360149 |
| Website | www.caresuper.com.au/ |
| Social media accounts |
Latest Facebook posts by CareSuper
Latest tweets by CareSuper
Articles mentioning Care Super
Copyright text: All explanatory text is the copyright of SuperGuide Pty Ltd. All data information is the copyright of Australian Prudential Regulation Authority (APRA). All data information is licensed under the Creative Commons Attribution 3.0 Australia Licence (CCBY 3.0).
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