Over the life of your investment, the fees and costs you pay can make a significant difference to your super account balance and financial situation later on. As an Industry SuperFund, our low fees are just one of the many benefits we’re proud to provide to our members – we keep our costs low so you can get the most from your super.See how we compare
Self-Managed DIO fees
|Type of fee||Amount||How and when paid|
|DIO administration fee
Applicable to all members invested in the NGS Self-Managed DIO
|$4.75 per week||Calculated daily and deducted on a monthly basis|
|Brokerage fee (excludes GST)
Applicable to members who trade shares and exchange traded funds (ETFs) in NGS Self-Managed DIO
|0.10% per trade
A minimum fee of $20 per trade applies
|Applied for each trade (buy or sell) for shares and exchange traded funds and is deducted from the cash hub at the time of the trade|
|Exchange traded fund fees
Applicable to member who have exchange traded funds (ETFs) in NGS Self-Managed DIO
|A percentage fee may apply||Deducted from the value of securities in the ETF. This is not a direct charge to your account. The price quoted on the ASX reflects all fees and expenses incurred.|
|Manual transaction fee||$25 plus GST||Calculated when a manual transaction occurs and deducted from your cash hub|
|Term deposit break fee
The cost of breaking your term deposit contract before it’s previously agreed-upon maturity date
|The term deposit provider will generally charge a break fee (or retain interest) from the term deposit interest earned to date||Refer to the Product Disclosure Statement (PDS) from the provider for further details on break fees. This is available via your Member Online account.|
Note: the trustee of NGS Super has the right to increase fees at any time. Increases may be due to changes in economic conditions or government regulations, increased costs or a substantial reduction in the size of the fund. The trustee will give 30 days’ notice of any increases to fees deducted directly from your account. For further detail on our fees and costs, please read our Fees, costs and tax fact sheet.
Fees shown include GST (unless stated otherwise) and stamp duty if applicable.
1Read our Fees, costs and tax fact sheet for further detail.
2Tailored financial advice is available for a fee from NGS Financial Planning. You will need to agree to the fee before the tailored financial advice is given and it will be shown in the Statement of Advice you receive. You may choose to have this fee deducted from your NGS Super account for financial advice relating to your super.
3 There may be a slight variance in the totals due to rounding.
4The performance fees and indirect costs are estimates for 2019/20 based on 2018/19 costs. Past costs are not a reliable indicator of future costs. Actual costs will vary from year to year and will be shown in that year’s Annual Report.