Great that divestment was made and that QSuper got out in 2014, as was appropriate.

I have two questions:

1 When did the merger of QSuper and SunSuper occur?

2 The Russian v Ukraine tension has been building since November 2021, so why did it take so long to divest?

I am a recent QSuper member (influenced perhaps wrongly by Money Magazine) and I did have misgivings about the merger with SunSuper (as it appears underperforming Super Funds have been outed, and look to merge with high achieving Super Funds to even out returns).

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Further to Zoe's response, I was also surprised however I was with Sunsuper. I've had my reservations about holding my investment with Sunsuper as the management costs were surprisingly higher in comparison to other well rated funds. I've held off switching as I wanted to see how this merger pans out with the hope management costs reduce as there's be a greater amount invested so the cost on investment should be proportionally lower. Do you see this being the case? I'm predominately with the "growth" option.

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As a member of the new fund via QSuper, the speed of the response gives me confidence in ART's internal decision making process and the way in which decision makers pulled together.

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