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What the Researchers Say:

A "good value for money" 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 June 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $560 $706 -$146
250k $2,560 $3,047 -$487
500k $5,060 $5,779 -$719

Investment Allocation

Intl shares 24.0%
Aus shares 36.0%
Property 10.0%
Alternative 15.0%
Fixed interest 13.0%
Cash 2.0%

Fees & Charges

Membership Fee $60
Asset Admin Fee 0.23%
Investment Fee 0.77%
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 $1,891,993,450
Year Started 1999
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by AvSuper Retirement Income Stream

A simple and competitive fee structure.
Varying payment arrangements at no charge up to four times a year.
Online access 24 hours a day.
A choice of professionally managed investment options.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
High Growth 2.07%
0.82%
2.07%
0.82%
11.70%
13.21%
17.10%
17.79%
27.80%
22.59%
-2.60%
-3.09%
Fund
Benchmark
Conservative Balanced 3.44%
3.46%
3.44%
3.46%
7.20%
8.25%
10.60%
11.01%
13.70%
12.60%
3.70%
3.18%
Fund
Benchmark
Growth 3.10%
2.80%
3.10%
2.80%
9.60%
11.50%
14.70%
15.91%
20.10%
19.45%
-0.10%
-1.21%
Fund
Benchmark
Australian Shares 2.20%
2.22%
2.20%
2.22%
6.90%
6.75%
18.30%
18.31%
26.20%
23.30%
-6.60%
-6.67%
Fund
Benchmark
Overseas Shares 0.18%
-2.72%
0.18%
-2.72%
16.50%
20.36%
16.00%
19.88%
30.00%
29.76%
9.90%
-3.07%
Fund
Benchmark
Capital Stable 2.93%
3.64%
2.93%
3.64%
5.10%
6.35%
8.40%
8.17%
10.30%
9.14%
5.60%
4.79%
Fund
Benchmark
Cash 1.99%
2.25%
1.99%
2.25%
2.70%
2.61%
2.90%
2.78%
3.70%
3.48%
4.90%
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

AvSuper Retirement Income Stream was established in 1999 to service the pension needs of employees of Air Services Australia and the Civil Aviation Safety Authority. A minimum of $20,000 is required to commence membership.

The Fund offers a range of 8 investment options to choose from, providing members with access to 5 Diversified and 3 Single Sector options. The Growth option underperformed the relevant SuperRatings Index over the 5 years to 30 June 2015.

Fees are lower than the industry average across all account balances assessed. Members are able to switch investment options and make withdrawals at no cost.

AvSuper provides a reasonable level of flexibility, with members able to choose from 4 pension payment frequencies. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions, including child nominations. Upon joining, members may also continue any Death and Total & Permanent Disablement (TPD) insurance cover they previously had as an AvSuper Corporate or Public Offer member.

AvSuper provides members with access to free personalised financial advice. Additional benefits include free seminars, online educational materials and calculators, as well as online account access.