Macquarie Super is part of Macquarie Bank’s wrap and investment platform offering — one of Australia’s most established retail investment platforms. It is primarily used by financial advisers and their clients, particularly at higher balance levels.
Key Facts
| Feature | Detail |
|---|---|
| Fund type | Retail (adviser-focused platform) |
| Platform | Macquarie Wrap |
| Target market | High-balance members, self-directed investors |
| Website | macquarie.com.au |
Products
- Macquarie Super and Pension — core accumulation and pension product
- Macquarie Super Manager — for employer plans
- Macquarie Wrap — broader investment platform including super, pension, and personal investment accounts
Fees
Macquarie’s wrap platform has a tiered fee structure:
- Platform fee: Reduces as balance increases (e.g., ~0.50% p.a. on balances under $100,000; lower tiers for larger balances)
- Investment management fees: Vary by the underlying managed funds or direct investments chosen
- Adviser fees: Often embedded — ask your adviser about their ongoing service fee
The platform can be cost-effective for high-balance members due to the tiered fee structure and the ability to use lower-cost wholesale managed funds.
Investment Options
Macquarie Super provides a broad investment menu:
- Direct equities (ASX-listed shares)
- Managed funds (domestic and international)
- ETFs
- Term deposits and cash accounts
- Separately managed accounts (SMAs)
This breadth makes it suitable for self-directed investors and active portfolio management.
Performance
Performance depends entirely on the investment options chosen. Macquarie provides the platform — not the underlying investment management (which comes from the chosen fund managers).
Who Macquarie Super Suits
- Members with larger balances ($250,000+) who want a broad investment platform
- Self-directed investors working with a financial adviser
- Members who want direct share access within their super
Less suitable for: Members who want a simple, low-cost default fund without investment complexity.
For advice on whether Macquarie Super suits your situation, speak with a licensed financial adviser. Advisers on the platform may have commercial relationships with Macquarie — ask about any conflicts. Find an adviser via MoneySmart. For more: Netwealth Super Review, North Super Review, Super Fund Comparison Table.