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What the Researchers Say:

A "reasonable value for money" fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.

You should contact your financial adviser or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $885 $705 $180
250k $4,165 $3,036 $1,129
500k $8,040 $5,756 $2,284

Investment Allocation

Intl shares 20.0%
Aus shares 25.0%
Property 15.0%
Fixed interest 25.0%
Cash 15.0%

Fees & Charges

Membership Fee $65
Asset Admin Fee 1.03%
Investment Fee 0.61%
Switching Fee $0
Exit Fee $50
Account Size Discount Yes
Employer Size Discount N/A

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 7,313
Total Assets $418,629,573
Year Started 2000
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by AMG Super - Account Based Pension

5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
Direct access to direct equities for members.
Same fee structure as the employer and personal products but no tax rebate available.
Online access to all transactions and investment performance.
Access to all the same benefits (except insurance) as offered through the employer and personal products.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.02%
5.29%
8.57%
11.60%
16.93%
3.11%
Fund
Benchmark
Diversified Fixed Interest 0.63%
0.85%
3.99%
5.02%
2.26%
4.29%
Fund
Benchmark
Growth 4.31%
3.46%
4.26%
2.80%
10.69%
11.50%
6.25%
15.91%
Fund
Benchmark
Australian Shares 5.80%
6.22%
0.85%
2.22%
5.69%
6.75%
22.94%
18.31%
Fund
Benchmark
Capital Stable 1.40%
1.54%
5.05%
3.64%
4.66%
6.35%
5.96%
8.17%
8.21%
9.14%
5.87%
4.79%
Fund
Benchmark
Property 4.18%
3.12%
22.21%
13.83%
19.54%
10.92%
6.84%
10.68%
18.03%
12.91%
7.42%
7.92%
Fund
Benchmark
Cash 0.20%
0.18%
2.60%
2.25%
3.04%
2.61%
3.67%
2.78%
4.72%
3.48%
4.92%
4.76%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

AMG Super is a boutique, public offer superannuation fund that was established in 2000 from a joint venture between DDH Graham and Pension Investment Limited. A minimum initial investment of $20,000 is required to be eligible for this product.

An extensive investment menu is offered to members, with 11 core options available as well as access to over 50 single manager options and direct equities. The fund's default Balanced option has outperformed the SuperRatings Index over the longer term.

Fees are higher than the industry average across medium and large account balances assessed. No fees are charged for switching investments, contributions, or establishing an account. Fees are charged for all withdrawals and pension payments.

The AMG Account Based Pension provides average product flexibility. Members are able to select from 4 pension payment frequencies with payments made directly to the member's bank account or by cheque. Pension payments can be increased automatically in line with CPI or by a nominated percentage annually and members can nominate a drawdown strategy or have their pension payments drawn proportionately from their account.

Members can access their account details online and financial planning services are available.