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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 April 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $475 $700 -$225
250k $1,925 $3,016 -$1,091
500k $3,450 $5,720 -$2,270

Investment Allocation

Intl shares 22.5%
Aus shares 20.0%
Property 10.0%
Alternative 27.5%
Fixed interest 20.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.50%
Investment Fee 0.45%
Switching Fee $30
Exit Fee $30
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 282,317
Total Assets $3,019,537,268
Year Started 2007
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by Kinetic Smart Pension

8 investment options
Competitive fees
Discounted advice to members & member education seminars
Flexible income payment options, including lump sum withdrawals
Transition to Retirement Pension available
Secure website section for employers and members

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 1.14%
9.46%
15.29%
15.70%
3.03%
11.90%
Fund
Benchmark
Conservative Balanced 1.51%
1.92%
7.14%
8.25%
11.73%
11.01%
11.49%
12.60%
5.02%
3.18%
9.53%
9.13%
Fund
Benchmark
Diversified Fixed Interest 2.99%
3.10%
3.24%
4.29%
6.44%
6.40%
3.16%
4.74%
13.65%
9.58%
8.66%
6.56%
Fund
Benchmark
Growth 0.44%
1.40%
10.30%
11.50%
16.60%
15.91%
18.89%
19.45%
0.51%
-1.21%
11.83%
11.20%
Fund
Benchmark
Australian Shares 2.39%
1.67%
8.26%
6.75%
18.50%
18.31%
24.93%
23.30%
-9.77%
-6.67%
-5.03%
12.47%
Fund
Benchmark
Overseas Shares -3.97%
-3.54%
17.65%
20.36%
21.11%
19.88%
26.98%
29.76%
-0.48%
-3.07%
22.83%
7.44%
Fund
Benchmark
Property 9.19%
10.54%
9.05%
10.92%
9.76%
10.68%
8.75%
12.91%
7.32%
7.92%
14.14%
11.91%
Fund
Benchmark
Cash 1.87%
1.89%
2.79%
2.61%
2.76%
2.78%
3.08%
3.48%
4.39%
4.76%
3.30%
5.05%
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

SMART Pension was launched in 2007 by the Professional Associations Superannuation Fund (PASF), which operates as a not-for-profit public offer super fund. In 2013, all the Accumulation divisions of PASF were consolidated under one single brand 'Kinetic Super', with SMART Pension being renamed 'Kinetic Smart Pension'.

A simple, yet easy to understand investment menu provides access to eight investment strategies covering both Single Sector and Diversified strategies. The Kinetic Smart Pension Growth option has exhibited competitive long-term returns, outperforming the SuperRatings Index.

Kinetic Smart Pension's fees are rated as excellent across all assessed account balances. Administration fees are capped at $1,200 p.a. per account. However, transaction fees apply on account closures and investment switches, with members entitled to six free switches per year.

Kinetic Smart Pension members have access to pension payments in a variety of frequencies ranging from fortnightly to annually. Payment amounts are paid directly to the member's chosen account. A minimum initial investment of $20,000 applies to commence the pension.

With a focus on streamlining the user experience, Kinetic Super's new look website continues to offer members educational material, fact sheets, interactive online calculators and tools. Members can also obtain comprehensive financial advice through Industry Fund Services (IFS). A mobile app is introduced recently to enable members to stay connected to their super anywhere and anytime.


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