ato logo
Search Suggestion:

Table 22: Average expense ratios by fund size

Last updated 19 December 2016

This table shows average SMSF 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.

Data from 2011 to 2015 is available in Appendix 1 XLS file.

Average expense ratio by fund size 2015

Fund size

Administration and operating expenses

Investment expenses

Total expenses

$1–$50k

7.78%

4.77%

12.55%

>$50k–$100k

3.33%

3.14%

6.47%

>$100k–$200k

2.19%

3.47%

5.66%

>$200k–$500k

1.22%

1.66%

2.88%

>$500k–$1m

0.72%

0.71%

1.43%

>$1m–$2m

0.48%

0.47%

0.96%

>$2m

0.26%

0.36%

0.62%

QC81293