When we buy or sell investments for you there are brokerage and tax costs. Buying and selling happens when you contribute (buy), withdraw (sell) or switch (buy & sell).

The cost is between 0.036% and 0.25% of the amount being 'transacted', depending on your investment choice.

For example, if you contribute $1,000 to the Lifestage Tracker Aggressive Under 40's mix you're actually buying an investment, and it'll set you back $2.50.

If you switch $1,000 from the Select Your Own Cash/Fixed Interest investment option to the Select Your Own Property option, you're both selling and buying investments. It'll cost you $0.36 to leave Cash/Fixed and $2.50 take up the Property option.