HUB24 Super Fund — superannuation fund performance
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HUB24 Super Fund reported A$48.9bn of total assets for 185,916 member accounts (average balance A$260k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 9.1%.
| Total assets | A$48.9bn |
| Member accounts | 185,916 |
| Average member balance | A$260k |
| 1-year rate of return | 9.1% |
| 5-year rate of return (annualised) | 6.0% |
| 10-year rate of return (annualised) | 4.3% |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, HUB24 Super Fund ran on an operating expense ratio of 0.3% — 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$2.1m, equal to roughly 2.1% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).
| Operating expense ratio | 0.3% |
| Investment expense ratio | 0.2% |
| Administration and operating expenses | A$99.2m |
| Marketing spend | A$1.3m (about A$7 per member account) |
| Executive remuneration (expensed to the fund) | A$149k |
| Director remuneration | A$139k |
| Payments to related parties | A$2.1m |
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". Over the year it collected A$5.7m in premiums and paid out A$49.9m in claims (claims paid in a year often relate to earlier years' cover, so this is a cash-flow picture, not a loss ratio).
| Cover type | Claims accepted (1-yr) | Claims paid | Premiums collected | Insurer |
|---|---|---|---|---|
| Life insurance (death cover) | 75.9% | A$12.7m | A$2.8m | ClearView Life Assurance Limited, TAL Life Limited |
| Total & permanent disability (TPD) | 62.1% | A$35.2m | A$1.5m | ClearView Life Assurance Limited, TAL Life Limited |
| Income protection | 83.7% | A$2.0m | A$1.3m | TAL Life Limited |
The gender gap in this fund
In HUB24 Super Fund, women's average balance was 2.1% higher than men's — from the fund-level member demographics APRA last published for the year to 30 June 2022:
| Average balance — female members | A$183k |
| Average balance — male members | A$179k |
| Member accounts (female / male) | 43,365 / 55,602 |
Compare HUB24 Super Fund with similar funds
The funds closest to HUB24 Super Fund 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 |
|---|---|---|---|---|
| Macquarie Superannuation Plan | A$49.0bn | 9.7% | 5.3% | Similar size |
| Retirement Portfolio Service | A$39.9bn | 10.5% | 5.6% | Similar size |
| equipsuper | A$38.2bn | 10.2% | 6.5% | Similar size |
| AMP Super Fund | A$59.8bn | 10.6% | 6.7% | Similar size |
| Netwealth Superannuation Master Fund | A$38.0bn | 9.0% | 4.8% | Similar size |
| Brighter Super Fund | A$36.8bn | 10.3% | 6.6% | Similar size |
Questions this page answers
How big is HUB24 Super Fund?
HUB24 Super Fund held A$48.9bn in total assets for 185,916 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has HUB24 Super Fund delivered?
HUB24 Super Fund reported a 9.1% one-year rate of return, and 4.3% a year over the past ten years, at whole-of-fund level in the APRA fund-level statistics.
What does HUB24 Super Fund charge in fees?
HUB24 Super Fund reported an operating expense ratio of 0.3% and an investment expense ratio of 0.2% for its reporting year ended 30 June 2025 — the running cost per dollar of savings (APRA fund-level statistics).
Does HUB24 Super Fund's insurance pay out?
In its latest reported year HUB24 Super Fund's default cover collected A$5.7m in premiums and paid A$49.9m in claims, per the APRA fund-level statistics.
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.