What is AUSfund?

Print

What we do
AUSfund is Australia’s leading Eligible Rollover Fund (ERF). Generally, ERFs receive small, lost and inactive accounts transferred by other super funds. 
AUSfund is a complying, regulated superannuation fund and runs only to benefit members.
With approximately $500 million in funds under management and 1.5 million members, our main objective is to find our members to reunite them with their lost super. We are also committed to looking after our members super benefits whilst with AUSfund through appropriate investments and efficient low cost administration. 
AUSfund can’t be set up as a super fund for your employer to make regular contributions to. We can only accept personal contributions. More on contributing to AUSfund
Awards
Search for your lost super
Ownership
Industry Funds Investments Limited (IFI) - ABN 17 006 883 227, AFSL 229881, is the Trustee of AUSfund, Australia’s Unclaimed Super Fund - ABN 85 945 681 973. 
IFI is a wholly owned subsidiary of Industry Fund Services Limited (IFS) - ABN 54 007 016 195, AFSL 232514. 
IFS is a wholly owned subsidiary of Industry Super Holdings Pty Ltd - ABN 71 119 748 060, which in turn is owned by a number of major superannuation funds, some of which use AUSfund as their Eligible Rollover Fund (ERF).

AUSfund – an ‘Eligible Rollover Fund’

AUSfund (Australia’s Unclaimed Super Fund) is an Eligible Rollover Fund (ERF) and a fully complying and regulated superannuation fund under Australian legislation.

The only purpose of the fund is a temporary repository for amounts transferred from other regulated superannuation funds. These are generally inactive accounts. AUSfund regularly receives these types of accounts from around 40 super funds.

AUSfund has been awarded the HERON Partnership's 'Top Rated ERF' eight times as well as SuperRatings' ‘Eligible Rollover Fund of the Year’ five years in a row, including in 2011. In 2013, Ausfund was given a Platinum rating by SuperRatings.

How AUSfund differs from other super funds

Our main focus as an ERF is to help members transfer their inactive accounts to their active super account. There are some other key differences between an ERF like AUSfund and other super funds: 

  • Contributions: AUSfund can’t be set up as a super fund for your employer to make regular contributions to. AUSfund cannot accept any member or employer contributions.
  • Investment: While your super is with us, we invest your money with the aim of delivering a moderate return. However, unlike most super funds we do not offer a choice of investment, but instead pool all our funds into one default option
  • Insurance: AUSfund does not offer any insurance. Many super funds offer life, temporary and permanent disability as well as income protection insurance.

Searching for super in AUSfund

AUSfund manages approximately $500 million on behalf of 1 million account holders. Some of these account holders are not aware that their money is being held in AUSfund as we do not hold a current address for them.

This website, as well as other initiatives, ensures that we reach out to as many account holders as possible to help them consolidate their super: Search for your super with AUSfund

Ownership

Industry Funds Investments Limited (IFI) - ABN 17 006 883 227, AFSL 229881, is the Trustee of AUSfund, Australia’s Unclaimed Super Fund - ABN 85 945 681 973. 

IFI is a wholly owned subsidiary of Industry Fund Services Limited (IFS) - ABN 54 007 016 195, AFSL 232514. 

IFS is a wholly owned subsidiary of Industry Super Holdings Pty Ltd - ABN 71 119 748 060, which in turn is owned by a number of major superannuation funds, some of which use AUSfund as their Eligible Rollover Fund (ERF).

Identification numbers

Ausfund's Superannuation Product Identification Number (SPIN) is APF0100AU. This is also Ausfund's unique Superannuation Identifier (USI).