Macquarie Wrap - Pension ConsolidatorInformation shown is for the rated option.
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.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Asset Admin Fee||0.00%|
|Account Size Discount||Yes|
|Employer Size Discount||N/A|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Offered to Public?|
|Fund Type||Master Trust-Allocated Pension|
Fund Highlights - provided by Macquarie Wrap - Pension Consolidator
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2016||FY 2015||FY 2014||FY 2013||FY 2012||Comparison|
|Diversified Fixed Interest||
- 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.
Percentage of Growth Assets
What the researchers say
Macquarie Wrap - Pension Consolidator is part of the Consolidator suite of Wrap products offered by Macquarie Investment Management Limited and is designed for members who have advisers to assist them with personal advice in respect to their investments.
Members are able to access an excellent range of investment options, including over 500 managed investments, Australian listed securities, a variety of term deposits and Separately Managed Account (SMA) Model Portfolios. The Macquarie Master Balanced Fund underperformed the SuperRatings Index over the 5 years to 30 June 2016.
Fees are higher than the industry average across all account balances assessed; however, a reduced administration fee applies to account balances over $200,000. Additional SMA administration and Cash Hub administration fees may apply. There are no exit fees, while a switching fee is charged to changing investment options and participating in corporate actions.
Macquarie Wrap - Pension Consolidator offers a reasonable level of flexibility with a choice of 4 pension payment frequencies. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions and child pensions.
Members and their adviser can track investments and access comprehensive reports online, while online trading is also available to advisers. Additionally, members have access to an automatic rebalancing facility to ensure their account stays in-line with their investment strategy.