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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 July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $418 $705 -$287
250k $1,758 $3,036 -$1,278
500k $3,133 $5,756 -$2,623

Investment Allocation

Intl shares 27.5%
Aus shares 24.5%
Property 9.0%
Alternative 21.0%
Fixed interest 9.0%
Cash 9.0%

Fees & Charges

Membership Fee $83
Asset Admin Fee 0.15%
Investment Fee 0.52%
Switching Fee $0
Exit Fee $96
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 248,418
Total Assets $9,220,420,213
Year Started 2006
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by MTAA Super Pension

Low fees.
Regular enewsletters for discerning investors.
Online pension facility.
Access to fee for service financial planning.
5 payment frequencies.
Transition to Retirement Pension available.
Significant member education functions.
Access to comprehensive banking through Member Equity Bank.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.91%
6.29%
13.10%
13.99%
12.07%
-1.09%
Fund
Benchmark
Conservative Balanced 2.49%
2.30%
7.67%
3.46%
Fund
Benchmark
Diversified Fixed Interest 0.74%
0.85%
5.32%
5.02%
4.13%
4.29%
5.25%
6.40%
3.46%
4.74%
12.89%
9.58%
Fund
Benchmark
Growth 3.51%
3.46%
4.90%
2.80%
13.36%
11.50%
16.98%
15.91%
11.93%
19.45%
-2.57%
-1.21%
Fund
Benchmark
Australian Shares 6.29%
6.22%
4.83%
2.22%
7.27%
6.75%
17.86%
18.31%
24.36%
23.30%
-4.71%
-6.67%
Fund
Benchmark
Overseas Shares 3.45%
3.02%
-3.83%
-2.72%
17.81%
20.36%
20.55%
19.88%
30.63%
29.76%
-3.51%
-3.07%
Fund
Benchmark
Capital Stable 1.32%
1.54%
5.64%
3.64%
7.18%
6.35%
8.10%
8.17%
6.26%
9.14%
3.53%
4.79%
Fund
Benchmark
Cash 0.19%
0.18%
2.21%
2.25%
2.55%
2.61%
2.64%
2.78%
3.40%
3.48%
4.72%
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 30/06/2015, 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

MTAA Super was established in 1989 for the retail motor trades and allied industries and is now open to public. MTAA opened their Pension service in 2006. A minimum initial investment of $10,000 is required to commence membership.

MTAA Super provides members with a choice of 8 investment options, consisting of 4 Pre-Mixed and 4 Single Sector options. The Balanced option has option outperformed the SuperRatings Index over the 12 months to 30 June 2015, although it has underperformed over the longer term.

Fees are competitive and lower than the industry average across all account balances assessed, with a maximum Administration Fee of $533 charged. No fees are charged for switching investments; however, an exit fee applies to full and partial transfers or rollovers.

MTAA Super Pension provides good levels of flexibility, with members having the ability to receive payments fortnightly through to annually. Members can select from reversionary beneficiary nominations and binding or non-binding death benefit nominations.

Comprehensive member services are offered by MTAA Super, including online access to account information and transactions, online calculators, free member seminars, phone based limited personal advice service and financial planning advice.