Oasis Superannuation Master Trust — superannuation fund performance
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Oasis Superannuation Master Trust reported A$2.5bn of total assets for 12,324 member accounts (average balance A$197k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 10.2%.
| Total assets | A$2.5bn |
| Member accounts | 12,324 |
| Average member balance | A$197k |
| 1-year rate of return | 10.2% |
| 5-year rate of return (annualised) | 7.0% |
| 10-year rate of return (annualised) | 5.2% |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, Oasis Superannuation Master Trust ran on an operating expense ratio of 0.4% — 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$6.0m, equal to roughly 60.8% of its administration bill (a related-party payment is disclosed, not improper — but it is worth knowing who the fund pays).
| Operating expense ratio | 0.4% |
| Investment expense ratio | 0.0% |
| Administration and operating expenses | A$9.9m |
| Marketing spend | A$417k (about A$34 per member account) |
| Executive remuneration (expensed to the fund) | A$63k |
| Director remuneration | A$31k |
| Payments to related parties | A$6.0m |
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, 11 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 |
|---|---|---|---|---|
| Voyage Superannuation Master Trust — MLC MultiActive Geared Trust | Choice | Pass | 10.9% | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiSeries 70 Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiActive High Growth Trust | Choice | Pass | 8.9% | 0.5% |
| Voyage Superannuation Master Trust — OnePath Wholesale Diversified Fixed Interest Trust | Choice | Pass | 2.4% | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiActive Balanced Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiActive Conservative Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiActive Diversified Fixed Income Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiActive Moderate Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiSeries 30 Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiSeries 50 Trust | Choice | Pass* | — | 0.5% |
| Voyage Superannuation Master Trust — MLC MultiSeries 90 Trust | Choice | Pass* | — | 0.5% |
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$3.2m in premiums and paid out A$940k 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) | — | — | — | OnePath Life Limited |
| Total & permanent disability (TPD) | — | — | A$2.7m | OnePath Life Limited |
| Income protection | — | A$940k | A$553k | OnePath Life Limited |
The gender gap in this fund
In Oasis Superannuation Master Trust, women's average balance was 3.7% 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$158k |
| Average balance — male members | A$164k |
| Member accounts (female / male) | 8,809 / 11,208 |
Compare Oasis Superannuation Master Trust with similar funds
The funds closest to Oasis Superannuation Master Trust 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 |
|---|---|---|---|---|
| Rei Super | A$2.6bn | 10.3% | 6.3% | Similar size |
| Super Retirement Fund | A$2.6bn | 8.6% | 5.8% | Similar size |
| AMG Super | A$2.8bn | 3.4% | 4.6% | Similar size |
| Australian Defence Force Superannuation Scheme | A$2.9bn | 10.5% | — | Similar size |
| Fiducian Superannuation Fund | A$3.0bn | 9.0% | 5.7% | Similar size |
| Perpetual Super Wrap | A$3.2bn | 9.0% | 6.3% | Similar size |
Questions this page answers
How big is Oasis Superannuation Master Trust?
Oasis Superannuation Master Trust held A$2.5bn in total assets for 12,324 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has Oasis Superannuation Master Trust delivered?
Oasis Superannuation Master Trust reported a 10.2% one-year rate of return, and 5.2% a year over the past ten years, at whole-of-fund level in the APRA fund-level statistics.
What does Oasis Superannuation Master Trust charge in fees?
Oasis Superannuation Master Trust reported an operating expense ratio of 0.4% 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 Oasis Superannuation Master Trust's products pass the performance test?
11 of Oasis Superannuation Master Trust's products and options were tested against the regulator's annual performance test as at 30 June 2025, and every one passed.
Does Oasis Superannuation Master Trust's insurance pay out?
In its latest reported year Oasis Superannuation Master Trust's default cover collected A$3.2m in premiums and paid A$940k 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.