• Table 22: Average operating expense ratios, by fund size

    This table shows average SMSF operating expense ratios by fund size. The operating expenses of an SMSF are calculated by summing various deduction labels from its income tax return. The total is then compared to its average assets to get a ratio of expenses to assets.

    These figures are estimates based on SMSF annual return form data.

    Average operating expense ratio, by fund size, by year

    Fund size

    2009

    2010

    2011

    2012

    2013

    $1–$50k

    7.62%

    7.55%

    9.01%

    10.24%

    10.85%

    >$50k–$100k

    3.88%

    4.25%

    4.58%

    4.76%

    5.35%

    >$100k–$200k

    2.57%

    2.70%

    3.07%

    3.42%

    4.11%

    >$200k–$500k

    1.48%

    1.43%

    1.57%

    1.69%

    2.27%

    >$500k–$1m

    0.85%

    0.81%

    0.79%

    0.84%

    1.34%

    >$1m–$2m

    0.53%

    0.48%

    0.47%

    0.50%

    0.86%

    >$2m

    0.35%

    0.30%

    0.27%

    0.29%

    0.60%

      Last modified: 15 Dec 2014QC 43403