What is the point to be with Australian Superannuation Funds ?

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We can absorb as much brainwashing as we want that Australian Superannuation funds are the best thing you have ever had. But look for example at the chart of MLC Horizon 5 vs ASX 200             and you will be surprised.
I would say it is the same line, just different colour :-)
Tell me, what is the point to pay to those fund managers huge money if you just can buy ASX200             index and have the same returns.

Blue line - MLC HORIZON5
Red line - ASX200            
Leave 'em behind - self managed is the way to go mate
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