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 advisor or this fund before making an investment decision.

  • Silver
Fund data valid as of March 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $475 $708 -$233
250k $2,375 $3,049 -$674
500k $4,750 $5,778 -$1,028

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 0.70%
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 4,616
Total Assets $393,144,432
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)

Fund Rating Snapshot

  • Legend:
  • Excellent
  • Good
  • Average
  • Below Average
  • N/A

Rating Categories Clockwise from top

Performance is based on the past 5 years for their core balanced option
Investment Choices
Points scored on additional benefits to members ie: Home loans, Credit Cards, Health Insurance, Reverse Mortgage, shopping discounts, anti detriment payments and many others
Investment Processes
Points scored on contribution collection, via cheque, cash, Eftpos, Bpay, direct debit and other features
Small Account Fees
Points scored on the fees and charges based on an account size of $5k
Medium Account Fees
Points scored on the fees and charges based on an account size of $50k
Large Account Fees
Points scored on the fees and charges based on an account size of $100k
Death Insurance
Points scored on premium costs and features for Death Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Death and TPD Insurance
Points scored on premium costs features for Death and TPD Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Income Protection Insurance
Points scored on premium costs features for Income Protection insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max% on monthly salary, waiting days available and other features
Member Services
Points scored on additional benefits offered to members ie Statement frequency and newsletter communications and other features
Administration Services
Points scored on the fund structure ie switching between investments, selecting regular contributions, nominated beneficiary changes, changing insurance options. For Service features like call centre, adviser services reports and many other features.
Financial Advice
Points scored on features in respect to financial advice facilities offered ie, by phone, internet, face to face, cost of scaled advice and others.
Points scored on Trustee structure, number of independent directors , renumeration and proxy voting policy and risk

Score Explanation

Excellent: Score of 75%-100%
Premium performer in this area. Well above benchmark.
Good: Score of 51%-74%
Better than most funds. Above benchmark
Average: Score of 26%-50%
Placed close to benchmark
Below average: Score of below 25%
Not quite up to speed. Lower than benchmark.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Conservative Balanced 0.35%
Secure 1.62%
Growth -0.47%
  • 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

YellowBrickRoad Super, originally Known as RetireRight Super, was established in April 2013 and issued by MAP Funds Management Ltd, which joined OneVue in February 2014. It is a public offer fund allowing any eligible member of the public to commence a retirement income stream.

YellowBrickRoad Pension members have access to 3 Diversified investment options and a range of Self-Managed investment options. These provide access to Managed Funds, SMA Model Portfolios and Term Deposits. The YellowBrickRoad Pension 50/50 option under-performed the SRP25 Conservative-Balanced Index in 2014 and 2015. Long-term performance history is currently not available.

Fees associated with this product are lower than the industry average across all account balances assessed. No direct switching fee is charged, however transactional costs may apply for changing investment options. Exit fees are applicable for partial and full withdrawals.

Members are provided with an average level of flexibility, including a choice of 4 payment frequencies ranging from monthly to annually. Pension payments can be drawn down either proportionally or according to a nominated order. A minimum initial investment of $20,000 is required to commence a YellowBrickRoad Allocated 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 an online portal. Members can also obtain comprehensive financial advice via YellowBrickRoad financial adviser network.

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