This is a SuperGuide Super Funds Guide profile of First Super, including information about investment performance, performance ranking and fund member analysis.
This SuperGuide Super Funds Guide profile is independent information and is not an advertisement for First Super. The data contained in this profile is sourced from the superannuation regulator, (APRA), and refers to data as at 30 June 2017. APRA will be releasing 2018 data in early 2019.
Snapshot of First Super
First Super is a Public offer Industry fund (you can find out the 5 types of super funds by clicking here).
For the 2017 financial year (1 July 2016 to 30 June 2017), First Super delivered a one-year rate of return of 10.90%, which was above the average across all funds of 7.01%, which ranked it 13 of the 164 funds that provided investment performance data. Compared to all funds, First Super was above the average for the five-year period to 2017, and above the average for the ten-year period to 2017.
In terms of total assets, First Super ranks 70 out of 170 funds that provided asset data, with total assets (as at 30 June 2017) of approximately $2,722 million.
In terms of fund members, First Super ranks 67 largest of 170 funds, with 64,266 members.
N/A of First Super‘s members are female (compared to an average of 46% across all funds), and 85% are male (compared to an average of 54% across all funds).
The average member account balance for First Super is $41,000.
First Super has 10 investment options, 1 MySuper products authorised, and 87% of it’s total assets are invested in a default or MySuper strategy.
Continue reading to find out more about First Super.
Note: N/A means this information is not available.
How well did First Super perform?
In the table below you can discover the investment performance and ranking of First Super for 1 years, 5 years and 10 years performance to 2017.
Note: The rate of return (ROR) represents the net earnings on superannuation assets and measures the combined earnings of a superannuation fund’s assets across all its products and investment options.
Rate of return for First Super 1 year, 5 years and 10 years, to 30 June
| Year | Average return | First Super return | First Super ranking |
|---|---|---|---|
| 1 year (2017) | 7.01% | 10.90% | Ranked 13 of 164 funds |
| 5 years (2013-2017) | 7.86% | 9.80% | Ranked 27 of 157 funds |
| 10 years (2008-2017) | 3.52% | 4.40% | Ranked 38 of 142 funds |
Data contained in this table as at 30 June 2017
First Super fund member profile
First Super has 64,266 members, which ranks it at number 67 largest of 170 funds. First Super had a growth in the number of member accounts in the 2017 financial year of 0%, which is the 65 largest growth (of 166 funds that provided this information).
In the table below you can discover how many superannuation accounts that First Super looks after, the age and gender of First Super fund membership and how that compares across all super funds.
First Super member profile (age and gender)
| Number of member accounts | Fund percentage | Average percentage across all funds | |
|---|---|---|---|
| Age below age 25 | |||
| Females | 628 | 1% | 5% |
| Males | 5,612 | 9% | 5% |
| Age 25-34 | |||
| Females | 1,484 | 2% | 11% |
| Males | 11,529 | 18% | 13% |
| Age 35-44 | |||
| Females | 2,166 | 3% | 11% |
| Males | 14,432 | 22% | 13% |
| Age 45-49 | |||
| Females | 1,344 | 2% | 5% |
| Males | 7,344 | 11% | 6% |
| Age 50-54 | |||
| Females | 1,380 | 2% | 4% |
| Males | 5,954 | 9% | 5% |
| Age 55-59 | |||
| Females | 1,167 | 2% | 4% |
| Males | 4,822 | 8% | 4% |
| Age 60-64 | |||
| Females | 754 | 1% | 3% |
| Males | 3,178 | 5% | 3% |
| Age 65-69 | |||
| Females | 364 | 1% | 1.6% |
| Males | 1,371 | 2% | 2% |
| Age 70-74 | |||
| Females | 112 | N/A | 0.9% |
| Males | 432 | N/A | 1.1% |
| Age 75-84 | |||
| Females | N/A | N/A | 0.5% |
| Males | N/A | N/A | 0.6% |
| Age over 85 | |||
| Females | N/A | N/A | 0.1% |
| Males | N/A | N/A | 0.1% |
In the table below the member balances for First Super members, and how that compares across all super funds.
First Super member profile (account balances)
| Number of member accounts | Fund percentage | Average percentage across all funds | |
|---|---|---|---|
| Below $1,000 | 13,703 | 21% | 28% |
| $1,000 to $24,999 | 25,936 | 40% | 36% |
| $25,000 to $49,999 | 8,071 | 13% | 10% |
| $50,000 to $99,999 | 8,489 | 13% | 11% |
| $100,000 to $199,999 | 5,973 | 9% | 8% |
| $200,000 to $499,999 | 1,836 | 3% | 5% |
| $500,000 to $999,999 | N/A | N/A | 1% |
| $1m plus | N/A | N/A | Less than 1%% |
Data contained in these tables as at 30 June 2017
Who runs First Super?
In the table below, you can find the name of the company that runs First Super and other administration details including, whether the super fund is open to the public (public offer) or not open to general public (non-public offer), how the super fund is structured and the super fund’s Australian Business Number.
| Fund’s RSE licensee | First Super Pty Limited |
| Public offer status | Public offer |
| Fund type | Industry |
| RSE Membership base | Industry base |
| RSE licensee ownership type | Nominating organisation ownership |
| RSE licensee profit status | Not for profit status |
| RSE licensee board structure | Equal representation required by governing rules |
| RSE licensee balance date | 30/6/17 |
| ABN | 56286625181 |
| Investment expenses ratio | 0.10% (average is 0.19%) |
| Operating expenses ratio | 0.50% (average is 1.22%) |
Data contained in this table as at 30 June 2017
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). APRA will be releasing 2017 data in early 2018.
Please see APRA Disclaimer, Important notice, Explanatory notes and Glossary