Advertisement
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 $710 $705 $5
250k $3,350 $3,036 $314
500k $6,650 $5,756 $894

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 $50
Asset Admin Fee 0.70%
Investment Fee 0.62%
Switching Fee $0
Exit Fee $0
Account Size Discount No
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 2004
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by Asgard Elements Allocated Pension Account

Flexible pension payment options.
Asset transfer between super and pension accounts.
Online capabilities for investors and advisers.
Investment rebates available for many funds.
Extensive investor education tools and materials.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.30%
2.30%
6.50%
10.20%
16.20%
-0.70%
Fund
Benchmark
High Growth 4.10%
3.73%
1.10%
0.82%
9.50%
13.21%
13.40%
17.79%
21.80%
22.59%
-4.20%
-3.09%
Fund
Benchmark
Conservative Balanced 2.60%
2.30%
2.80%
3.46%
4.80%
8.25%
8.30%
11.01%
12.20%
12.60%
1.60%
3.18%
Fund
Benchmark
Diversified Fixed Interest 0.70%
0.85%
6.80%
5.02%
4.70%
4.29%
6.40%
6.40%
4.00%
4.74%
8.90%
9.58%
Fund
Benchmark
Growth 3.90%
3.46%
1.60%
2.80%
7.20%
11.50%
11.50%
15.91%
18.80%
19.45%
-2.50%
-1.21%
Fund
Benchmark
Australian Shares 6.30%
6.22%
1.20%
2.22%
4.80%
6.75%
16.20%
18.31%
22.10%
23.30%
-8.00%
-6.67%
Fund
Benchmark
Overseas Shares 2.90%
3.02%
-2.10%
-2.72%
25.50%
20.36%
18.60%
19.88%
31.90%
29.76%
-2.50%
-3.07%
Fund
Benchmark
Capital Stable 1.70%
1.54%
3.30%
3.64%
2.90%
6.35%
6.10%
8.17%
8.40%
9.14%
3.40%
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 Elements was established in 2004 by Asgard Wealth Management, which is now a subsidiary of the Westpac Group. No minimum initial investment is required for this product.

Members can select from an extensive investment menu featuring five Diversified and six Single Sector Multi-Manager funds as well as over 60 Single Manager funds. Performance of the representative Balanced Multi-Blend option has been below the SuperRatings Index over the shorter term, however the extensive investment menu means returns vary depending on the option and manager selected.

Fees are rated average for members on all account balances assessed. If the member has an account balance of less than $10,000 a minimum monthly fee also applies. No fees are charged for switching investments, withdrawals, regular pension payments, establishing or terminating an account. Buy/sell spreads are however present in the fee structure.

The Asgard Elements Allocated Pension provides good flexibility. Members can select from 4 pension payment frequencies with the payments made directly to the member's nominated bank account on a date specified by the fund. Members can nominate a drawdown strategy or have their pension payments drawn proportionately from their account. Members have access to financial planning services while extensive reporting facilities and a large range of educational materials are all available on the fund's website.