AMG Super — superannuation fund performance
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AMG Super reported A$2.8bn of total assets for 30,628 member accounts (average balance A$94k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 3.4%.
| Total assets | A$2.8bn |
| Member accounts | 30,628 |
| Average member balance | A$94k |
| 1-year rate of return | 3.4% |
| 5-year rate of return (annualised) | 5.9% |
| 10-year rate of return (annualised) | 4.6% |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, AMG Super ran on an operating expense ratio of 0.5% — the running cost per dollar of savings (0.5% is 50 cents per A$100 a year). Payments to related parties — companies connected to the fund's own trustee or owner group — came to A$2.3m, equal to roughly 18.3% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).
| Operating expense ratio | 0.5% |
| Investment expense ratio | 0.0% |
| Administration and operating expenses | A$12.6m |
| Executive remuneration (expensed to the fund) | A$87k |
| Director remuneration | A$81k |
| Payments to related parties | A$2.3m |
The annual performance test
Every year the regulator tests most super products against a benchmark portfolio — fail twice and the product must close to new members. As at 30 June 2025, 25 of this fund's products and options were tested, and every one of them passed:
| Product / option | Type | Test result | 10-yr return | Admin fee |
|---|---|---|---|---|
| Raiz Invest Super Accumulation — Raiz Aggressive Portfolio | Choice | Pass* | — | 0.2% |
| Raiz Invest Super Accumulation — Raiz Property 30 Portfolio | Choice | Pass | — | 0.2% |
| Raiz Invest Super Accumulation — Raiz Emerald Portfolio | Choice | Pass* | — | 0.2% |
| Raiz Invest Super Accumulation — Raiz Moderately Aggressive Portfolio | Choice | Pass* | — | 0.2% |
| Raiz Invest Super Accumulation — Raiz Property 10 Portfolio | Choice | Pass* | — | 0.2% |
| Acclaim Core — AMG Index Balanced | Choice | Pass* | — | 0.4% |
| Raiz Invest Super Accumulation — Raiz Conservative Portfolio | Choice | Pass* | — | 0.2% |
| Raiz Invest Super Accumulation — Raiz Moderate Portfolio | Choice | Pass* | — | 0.2% |
| Acclaim Core — AMG Index Growth | Choice | Pass* | — | 0.4% |
| AMG Personal — AMG Index Growth | Choice | Pass* | — | 0.4% |
| AMG Personal — AMG Index Balanced | Choice | Pass* | — | 0.4% |
| Raiz Invest Super Accumulation — Raiz Moderately Conservative Portfolio | Choice | Pass* | — | 0.2% |
Showing 12 of 25 tested products/options for this fund (largest first).
Does the insurance pay out?
Most super accounts carry insurance, paid from your balance. The admittance rate is the share of finalised claims the insurer accepted in the year to 30 June 2025 — the single best number for "does this cover actually pay".
| Cover type | Claims accepted (1-yr) | Claims paid | Premiums collected | Insurer |
|---|---|---|---|---|
| Life insurance (death cover) | — | — | A$1.5m | AIA Australia, MetLife Insurance Limited, Zurich |
| Total & permanent disability (TPD) | — | — | A$1.5m | AIA Australia, Lloyd’s Australia Limited, Zurich |
| Income protection | — | — | A$361k | AIA Australia, Lloyd’s Australia Limited |
The gender gap in this fund
In AMG Super, women's average balance was 22.7% lower than men's — from the fund-level member demographics APRA last published for the year to 30 June 2022:
| Average balance — female members | A$89k |
| Average balance — male members | A$116k |
| Member accounts (female / male) | 7,360 / 7,595 |
Compare AMG Super with similar funds
The funds closest to AMG Super in size, side by side — each with its own page for the fees, insurance and performance-test detail:
| Fund | Assets | 1-yr return | 10-yr return | Why comparable |
|---|---|---|---|---|
| Australian Defence Force Superannuation Scheme | A$2.9bn | 10.5% | — | Similar size |
| Super Retirement Fund | A$2.6bn | 8.6% | 5.8% | Similar size |
| Fiducian Superannuation Fund | A$3.0bn | 9.0% | 5.7% | Similar size |
| Rei Super | A$2.6bn | 10.3% | 6.3% | Similar size |
| Oasis Superannuation Master Trust | A$2.5bn | 10.2% | 5.2% | Similar size |
| Perpetual Super Wrap | A$3.2bn | 9.0% | 6.3% | Similar size |
Questions this page answers
How big is AMG Super?
AMG Super held A$2.8bn in total assets for 30,628 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has AMG Super delivered?
AMG Super reported a 3.4% one-year rate of return, and 4.6% a year over the past ten years, at whole-of-fund level in the APRA fund-level statistics.
What does AMG Super charge in fees?
AMG Super reported an operating expense ratio of 0.5% and an investment expense ratio of 0.0% for its reporting year ended 30 June 2025 — the running cost per dollar of savings (APRA fund-level statistics).
Did AMG Super's products pass the performance test?
25 of AMG Super's products and options were tested against the regulator's annual performance test as at 30 June 2025, and every one passed.
See also: Australian super in numbers — marketing spend, expenses, the gender gap and two decades of consolidation across all APRA-regulated funds · all tracked plans.