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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
  • Rising Star Award
Awards
Fund data valid as of February 28, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $475 $687 -$212
250k $2,375 $2,937 -$562
500k $4,250 $5,571 -$1,321

Investment Allocation

Intl shares 23.0%
Aus shares 27.0%
Property 12.0%
Alternative 22.0%
Fixed interest 12.0%
Cash 4.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.30%
Investment Fee 0.65%
Switching Fee $0
Exit Fee $75
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 12,998
Total Assets $1,072,765,117
Year Started 2002
Target Market
Offered to Public?
Fund Type Corporate-Allocated Pension

Fund Highlights - provided by Mercy Super - Income Stream

Eight investment options. Member education. Regular reporting.
Profit for members. Personal service. Regular communication.
Access to Financial Planning.
Online pension access.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 5.09%
5.31%
10.31%
12.99%
18.52%
-0.50%
Fund
Benchmark
High Growth 14.29%
10.06%
0.20%
0.82%
10.55%
13.21%
20.73%
17.79%
26.38%
22.59%
-3.50%
-3.09%
Fund
Benchmark
Conservative Balanced 6.45%
5.24%
5.22%
3.46%
7.95%
8.25%
11.10%
11.01%
12.83%
12.60%
4.20%
3.18%
Fund
Benchmark
Australian Shares 16.50%
11.62%
0.41%
2.22%
4.93%
6.75%
19.95%
18.31%
23.98%
23.30%
Fund
Benchmark
Overseas Shares 13.72%
10.19%
2.34%
-2.72%
18.63%
20.36%
18.72%
19.88%
29.16%
29.76%
Fund
Benchmark
Capital Stable 4.02%
3.54%
4.53%
3.64%
5.84%
6.35%
7.52%
8.17%
8.74%
9.14%
Fund
Benchmark
Cash 1.15%
1.30%
2.16%
2.25%
2.44%
2.61%
2.59%
2.78%
3.19%
3.48%
4.58%
4.76%
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

Established in 1962, Mercy Super is a corporate fund dedicated to looking after the retirement savings of current and former employees of Mater Health Services and other Sisters of Mercy organisations. The fund was the winner of the 2017 Rising Star Award in recognition of its consistent improvements to its product offerings, which have significantly enhanced value for its members. A minimum initial investment of $50,000 is required to commence a Mercy Super Income Account.

Mercy Super offers a range of 8 investment options to choose from, providing members with access to 4 Pre-Mixed and 4 Asset Class options, including a Socially Responsible option for the ethical investor. The Balanced Growth option has outperformed the SuperRatings Index over the short and long term.

Fees are competitive and lower than the industry average across all account balances assessed, with the administration fee capped at $1,000. No fees are charged for switching investments; however, an exit fee applies for partial or full withdrawals.

Mercy Super provides good flexibility, with members having the ability to receive payments fortnightly through to annually. Members with more than one investment option can nominate the proportion of payments to be drawn from each option. Beneficiary options are comprehensive, including both binding and non-binding nominations, as well as reversionary pensions.

A range of online tools, calculators and educational resources are available through the fund's website. The fund's secure website further enables members to view account information and update and makes changes to their accounts online.