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What the Researchers Say:

A "good value for money" superannuation fund that is strong in nearly all assessment areas but with average features and/or performance in one or more of our assessment criteria.
You should contact your financial adviser or this fund before making an investment decision.

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

Typical Fees

Balance This Fund Industry Average Difference
50k $966 $705 $261
250k $3,924 $3,036 $888
500k $7,044 $5,756 $1,288

Investment Allocation

Intl shares 20.0%
Aus shares 29.0%
Property 6.0%
Alternative 16.0%
Fixed interest 20.0%
Cash 5.0%
Other 4.0%

Fees & Charges

Membership Fee $65
Asset Admin Fee 1.34%
Investment Fee 0.46%
Switching Fee $0
Exit Fee $0
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

Total Assets $21,864,034,063
Year Started 1993
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by Asgard Allocated Pension Account - SMAF

Extensive investment menu with access to 5 SMA diversified options as well as over 330 external manager options.
Investor Online provides online access to view account details, balances and transactions.
6 monthly investor report and newsletter sent to members.
Strong past investment performance.
Fee rebates available on some investment options for larger account balances.
Fee discounts also accessible through Family Group Linking.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.31%
2.58%
6.85%
10.65%
16.60%
-0.33%
Fund
Benchmark
High Growth 4.13%
3.73%
1.48%
0.82%
9.80%
13.21%
13.71%
17.79%
22.14%
22.59%
-3.87%
-3.09%
Fund
Benchmark
Conservative Balanced 2.61%
2.30%
3.26%
3.46%
5.18%
8.25%
8.75%
11.01%
12.70%
12.60%
2.08%
3.18%
Fund
Benchmark
Growth 3.89%
3.46%
1.96%
2.80%
7.62%
11.50%
11.93%
15.91%
19.22%
19.45%
-2.14%
-1.21%
Fund
Benchmark
Capital Stable 1.73%
1.54%
3.84%
3.64%
3.48%
6.35%
7.56%
8.17%
9.05%
9.14%
3.96%
4.79%
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

Asgard Managed Profiles and Separately Managed Account - Funds (SMAF) was established in 1993 and is designed to provide members with a flexible retirement vehicle.

Members have access to a comprehensive investment menu consisting of 5 core SMA portfolios and over 300 single manager options across a range of asset classes and risk profiles. Performance of the SMA Balanced option has been below the SuperRatings Index over the short term and long term.

Fees are higher than average across all account balances assessed, with tiering applied based on the investment option selected and the member's account balance. No fees are charged for investment switching, withdrawals, regular pension payments, establishing or exiting an account.

The Asgard SMAF Allocated Pension provides excellent flexibility. Members are able to select from 4 pension payment frequencies with payments made directly to the member's bank account on a date nominated by the fund. Members can nominate a drawdown strategy or have their pension payments drawn proportionately from their account.

Asgard SMAF offers members access to financial planning services. Extensive reporting facilities are provided through the investor online facility and a large range of educational materials and calculators are available on the fund's website.