Vanguard Super — superannuation fund performance
Pensions: all tracked plans · Australian super in numbers · Private market performance · the PE statistics · what plans disclose · where they diverge
Vanguard Super reported A$3.3bn of total assets for 36,374 member accounts (average balance A$89k) in APRA's fund-level statistics for the year to 30 June 2025, with a one-year rate of return of 11.6%.
| Total assets | A$3.3bn |
| Member accounts | 36,374 |
| Average member balance | A$89k |
| 1-year rate of return | 11.6% |
| 5-year rate of return (annualised) | — |
| 10-year rate of return (annualised) | — |
| Investment options offered | — |
What running the fund costs
For its reporting year ended 30 June 2025, Vanguard Super ran on an operating expense ratio of 0.2% — the running cost per dollar of savings (0.5% is 50 cents per A$100 a year).
| Operating expense ratio | 0.2% |
| Investment expense ratio | 0.2% |
| Administration and operating expenses | A$4.9m |
| Marketing spend | A$75k (about A$2 per member account) |
| Executive remuneration (expensed to the fund) | A$181k |
| Director remuneration | A$258k |
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, 36 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 |
|---|---|---|---|---|
| Vanguard MySuper | MySuper | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — High Growth | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Growth | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 47 and under | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Balanced | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Ethically Conscious Growth | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Conservative | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 48 | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 55 | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 53 | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 58 | Choice | Pass* | — | 0.3% |
| Vanguard Super SaveSmart — Lifecycle Age 49 | Choice | Pass* | — | 0.3% |
Showing 12 of 36 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) | 100.0% | — | A$1.6m | AIA Australia Limited |
| Total & permanent disability (TPD) | — | — | A$633k | AIA Australia Limited |
| Income protection | — | — | A$321k | AIA Australia Limited |
Compare Vanguard Super with similar funds
The funds closest to Vanguard 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 |
|---|---|---|---|---|
| Perpetual Super Wrap | A$3.2bn | 9.0% | 6.3% | Similar size |
| Australian Meat Industry Superannuation Trust | A$3.5bn | 7.4% | 6.7% | Similar size |
| Fiducian Superannuation Fund | A$3.0bn | 9.0% | 5.7% | Similar size |
| Australian Defence Force Superannuation Scheme | A$2.9bn | 10.5% | — | Similar size |
| AMG Super | A$2.8bn | 3.4% | 4.6% | Similar size |
| Guild Retirement Fund | A$4.0bn | 10.8% | 7.1% | Similar size |
Questions this page answers
How big is Vanguard Super?
Vanguard Super held A$3.3bn in total assets for 36,374 member accounts in the APRA fund-level statistics for the year to 30 June 2025.
What return has Vanguard Super delivered?
Vanguard Super reported a 11.6% one-year rate of return, at whole-of-fund level in the APRA fund-level statistics.
What does Vanguard Super charge in fees?
Vanguard Super reported an operating expense ratio of 0.2% 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).
Did Vanguard Super's products pass the performance test?
36 of Vanguard 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.