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@church2u2 I was paying $1200+ in fees every year (no insurance) on a 90k balance under Global Index, so figured something didn't add up and raised a complaint. They basically said the PDS discloses the additional fee which is paid by third parties but not directly charged to your account -...

@church2u2 It's 0.693% + 0.459% + 0.157% plus the additional $78 a year, which is around $730 pa for a 50k investment. The annoying thing is that they don't disclose the 0.459% on their website, FAQs, etc until you look at the fine print in the PDS. The 0.459% is nor "charged" meaning you won't...

@church2u2 If you look at their High Growth Indexed option fees are a lot lower ($187 pa on a $50k account). AusSuper has a similar indexed investment strategy with similarly low fees so you have a few options.

@church2u2 Their fees are ridiculous - the 0.693% doesnt include an additional 0.4 or 0.5% of hidden fees (that you can only see if you read the PDS or annual statement in detail). I've recently moved away from Spaceship to Aware. Indexed growth for less than half the fees.