GESB Super fees and other costs

Below is a general guide to the fees and costs for your GESB Super account. Other fees, such as fees for personal advice and insurance fees, might be charged, depending on the advice or insurance you choose. Entry fees and exit fees will not be charged.

If you’d like to calculate the effect of fees and costs on your GESB Super account, try ASIC’s MoneySmart superannuation calculator.

GESB Super fees and costs summary

GESB Super fees and other costs
Type of fee or cost Amount How and when paid

Ongoing annual fees and costs1

  

Administration fees and costs

The fee for managing your account

$66 p.a. ($5.50 per month) as an account keeping fee

+

0.16% p.a. of your monthly account balance

Deducted each month from your account

Investment fees and costs2

Between 0.06% p.a. and 0.53% p.a. of the value of your investment, depending on which investment plan you choose3

Deducted from the fund assets, before the unit price is calculated on a daily basis

Transaction costs

Between 0% p.a. and 0.09% p.a. of the value of your investment, depending on which investment plan you choose3

Deducted from the fund assets, before the unit price is calculated on a daily basis

Member activity-related fees and costs

  

Buy-sell spread

Nil

Not applicable

Switching fee

The fee for changing your investment option

Nil

Not applicable

Other fees and costs

Other fees and costs such as activity fees, advice fees or insurance fees may apply. Please refer to the ‘Additional explanation of fees and costs’ section on page 5 of the GESB Super Product Information Booklet.

For more information on the types of fees and costs that may apply to your account, see our GESB Super schedule of fees.

We may make changes to the fees we charge

From time to time, we might need to change our fees to make sure the structure and level of fees is appropriate, including any extra costs from government taxes or statutory charges.

We’ll always let you know about any changes through our website or through your member statement. If the change is an increase in fees or charges, we’ll give you at least 30 days’ notice.

1 If your account balance is less than $6,000 at the end of the financial year, certain fees and costs charged to you in relation to administration and investment are capped at 3% of the account balance. Any amount charged in excess of that cap must be refunded.
2 Investment fees and costs include an amount of 0.00% p.a. to 0.06% p.a. for performance fees. The calculation basis for this amount is set out under the ‘Additional explanation of fees and costs’ section on page 5 of the GESB Super Product Information Booklet. Please note, the transaction costs percentage is also included in the investment fees and costs percentage shown in the table.
3 These figures include estimates.

Page last updated 01 October 2025