Spaceship Super is a digital-first, APRA-regulated super fund targeting young Australians. It is operated by Spaceship Capital (the same company behind the Spaceship Voyager investment platform). Spaceship Super is designed with a simple, app-based user experience and technology-heavy investment portfolios.
Key Facts
| Feature | Detail |
|---|---|
| Fund type | Retail |
| Target market | Young Australians, tech-focused investors |
| Regulator | APRA-regulated |
| Interface | Mobile app-first |
| Website | spaceship.com.au |
Investment Options
Spaceship Super offers a small number of distinctive investment options:
- Universe: A global portfolio heavily weighted to technology, innovation, and growth companies (Apple, Microsoft, Alphabet, Amazon, Tesla, etc.)
- Earth: ESG/sustainable focus — companies considered to be “making the world a better place”
- GrowthX: Diversified growth with ASX and international exposure, lower concentration in tech
- Balanced: Lower risk, more traditional allocation
The Universe option is notably concentrated in US technology stocks — offering high growth potential but also higher risk and lower diversification than traditional balanced funds.
Fees
Spaceship’s fee structure:
- Under $100,000: No administration fee — only investment management fee
- Over $100,000: Administration fee applies
Investment management fees (ICR) for Universe and Earth are higher than passive index options but competitive for an active product.
For current fee information, check the Spaceship Super PDS at spaceship.com.au.
Performance
The Universe option’s performance is heavily correlated to US tech stocks. It has experienced:
- Strong returns during tech bull markets (2019–2021)
- Significant drawdowns during tech corrections (2022)
- Performance highly dependent on the direction of a narrow set of global tech companies
The high concentration means Spaceship Universe is more volatile than a diversified industry fund. Check the ATO YourSuper tool for current comparable performance data.
Insurance
Spaceship Super offers insurance (death and TPD), but coverage may be more limited than established industry funds. Check the insurance terms carefully, particularly the automatic acceptance amounts.
Who Spaceship Super Suits
- Young investors (under 40) with a long time horizon who want tech-sector exposure in super
- Members comfortable with higher volatility in exchange for potential higher long-term returns
- Members who prefer an app-based experience over a traditional fund
Caution: High concentration in technology/US growth stocks means Spaceship Universe is NOT suitable as a sole super fund for risk-averse or older members.
Past performance is not a reliable indicator of future performance. For advice on whether Spaceship Super suits your situation, speak with a licensed financial adviser via MoneySmart. For more: Superhero Super Review, Super Fund Comparison Table.