Super funds, like most other financial products, try to make themselves relevant and valuable to their members. To do this, many offer things like product and partner benefits, investment flexibility and digital functionality. 

They also throw in benefits like financial advice and insurance. Some even offer member direct investing (MDI) and ethical investments.

But you should never lose sight of the fact that the purpose of a super fund is to make money for you as a long-term investment. No matter how many extra bells and whistles they offer, the primary measure to use as your guide is how much money is left in your pocket after they take out fees (net return). 

Easily compare funds
Rollit provides you with a platform to easily compare super funds, their products and investment options. 

While it is important to take your time, review all the benefits your super fund has to offer, you should never lose sight of their primary mission: to make you money.

The difference between top performing funds and the 'losers'
Superannuation is like marriage, you want a proven performer that is consistent year on year. Ideally, your super fund investment will be ranked in the top quartile (25%) of investments every return period. 

You can find this out by comparing the ranking of your fund across different return periods. 

For example, if the balanced investment category has 200 investment options, any investment ranked in the top 50 would be in the top quartile.

Don't waste 13 years of your life
The Productivity Commission analysed the impact of being invested in a low quartile super fund. For someone entering the workforce earning $50,000 a year, the impact was $635,000 in lost super savings, or the equivalent of 13 years of salary. Your choice of super fund matters.

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General advice disclaimer
This is general information only and does not take into account your personal objectives, financial situation or needs. You should assess whether the information is appropriate for you having regard to your objectives, financial situation and needs and consider obtaining independent professional advice before making an investment decision. If information relates to a specific financial product you should obtain a copy of the product disclosure statement for that product and consider that statement before make a decision whether to acquire the product.

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