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What the Researchers Say:

A "reasonable value for money" 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 advisor or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of October 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $425 $698 -$273
250k $2,125 $3,010 -$885
500k $4,250 $5,712 -$1,462

Investment Allocation

Intl shares 15.0%
Aus shares 20.0%
Property 10.0%
Alternative 5.0%
Fixed interest 30.0%
Cash 20.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.60%
Investment Fee 0.25%
Switching Fee $0
Exit Fee $75
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

Membership 4,814
Total Assets $424,471,557
Year Started 2013
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by RetireRight Account-based Pension

Low fees, simple fee structure
Simple core investment options
Simple online application form
Easy to use online member portal
Comprehensive financial advice available
Responsive member servicing (eg: follow up of rollovers)

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Conservative Balanced 1.57%
2.08%
2.88%
3.46%
6.90%
8.25%
10.27%
11.01%
Fund
Benchmark
Secure 1.25%
2.08%
2.88%
3.46%
3.32%
8.25%
3.93%
11.01%
Fund
Benchmark
Growth 1.84%
2.51%
2.85%
2.80%
9.42%
11.50%
15.12%
15.91%
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

YellowBrickRoad Pension, originally known as RetireRight Pension, was established in April 2013 by MAP Funds Management Ltd. It offers a low cost retirement solution with flexible investment choices to suit members??? needs.

Members are provided with 3 professionally managed diversified investment strategies and a range of Self-Managed investment options, which offer access to Managed Funds, SMA Model Portfolios and Term Deposits. The 50/50 Option has underperformed the SR25 Conservative Balanced Index over the last three years. Long-term returns are currently not available.

Fees associated with this product are lower than the industry average across all account balances assessed. A minimum administration fee of $75 pa applies to account balances under $15,000. No switching fees are charged, although transactional costs may be incurred when changing investment options. However, exit fees apply for full withdrawals. An ongoing advice fee may also be applicable and can be negotiated with the financial adviser.

A reasonable level of pension flexibility is provided, including a choice of 4 payment frequencies ranging from monthly to annually. Members can also nominate a specific pension drawdown order or pro-rata across investments. A minimum initial investment of $20,000 is required to commence a YellowBrickRoad Pension, and a Transition to Retirement Pension is also available.

Members have access to a quick and easy application process and can track their account information via the Pension online portal. A comprehensive financial advice service is also available via the YellowBrickRoad financial adviser network.


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