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What the Researchers Say:

A "reasonable value for money" superannuation 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 May 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $827 $672 $155
250k $3,768 $2,874 $894
500k $7,173 $5,441 $1,732

Investment Allocation

Intl shares 25.0%
Aus shares 30.0%
Property 10.0%
Alternative 10.0%
Fixed interest 22.0%
Cash 3.0%

Fees & Charges

Membership Fee $53
Asset Admin Fee 0.49%
Investment Fee 1.06%
Switching Fee $0
Exit Fee $133.25
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 379,319
Total Assets $23,851,959,000
Year Started 1996
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by AustChoice Super - Account Based Pension

Extensive investment choice
Ability to maintain AustChoice Super membership regardless of work status through the three divisions available within AustChoice
Dedicated customer service staff

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 10.01%
3.24%
10.64%
13.29%
17.80%
-3.64%
Fund
Benchmark
Conservative Balanced 7.84%
8.23%
3.38%
3.46%
8.22%
8.25%
9.98%
11.01%
12.26%
12.60%
-0.70%
3.18%
Fund
Benchmark
Secure 1.63%
8.23%
1.65%
3.46%
2.09%
8.25%
2.69%
11.01%
3.73%
12.60%
3.64%
3.18%
Fund
Benchmark
Growth 12.13%
13.22%
3.39%
2.80%
12.74%
11.50%
16.27%
15.91%
20.59%
19.45%
-7.60%
-1.21%
Fund
Benchmark
Australian Shares 12.43%
13.73%
3.32%
2.22%
4.60%
6.75%
21.65%
18.31%
20.30%
23.30%
-9.25%
-6.67%
Fund
Benchmark
Overseas Shares 17.19%
19.87%
1.27%
-2.72%
20.45%
20.36%
17.38%
19.88%
30.03%
29.76%
-8.18%
-3.07%
Fund
Benchmark
Capital Stable 5.55%
5.68%
3.59%
3.64%
5.87%
6.35%
7.49%
8.17%
9.07%
9.14%
2.16%
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 30/06/2016, 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

Part of the IOOF Portfolio Service Superannuation Fund since March 2011, AustChoice Super Account Based Pension is closed to new members.

AustChoice Super offers members an extensive investment menu comprising of diversified options, externally managed portfolios, Term Deposits and access to Direct Equities. The MultiMix Balanced Growth trust has outperformed the SuperRatings Index in 2016, but has underperformed the index over the longer term.

Fees are higher than the industry average across all account balances assessed, although discounts do apply once the member's account balance exceeds $100,000 (determined by choice of investment option).

Monthly, quarterly, half yearly and annual pension payments are available to members. Members also have access to a number of estate planning options, including binding nominations, non-binding nominations and reversionary beneficiaries.

Other featured include secure online member access, financial planning and consolidated reporting.