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What the Researchers Say:

A 'best value for money' superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
  • 7 Year Platinum Performance
  • Infinity Recognised
Awards
Fund data valid as of March 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $500 $708 -$208
250k $2,240 $3,049 -$809
500k $4,415 $5,778 -$1,363

Investment Allocation

Intl shares 28.0%
Aus shares 22.0%
Property 5.0%
Alternative 35.0%
Fixed interest 5.0%
Cash 5.0%

Fees & Charges

Membership Fee $65
Asset Admin Fee 0.10%
Investment Fee 0.77%
Switching Fee $30
Exit Fee $0
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 99,447
Total Assets $6,888,682,268
Year Started 2001
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by NGS Super - Income Stream

Strong historical investment performance.
Dedicated customer service team.
Interactive online financial education program.
Free financial planning seminars.
Online account access and financial planning services offered.
Low cost banking products - provided through Members Equity Bank.
Strong focus on member education.

Fund Rating Snapshot

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

Rating Categories Clockwise from top

Performance
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.
Goverance
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
Balanced 0.39%
8.98%
12.67%
14.92%
-0.37%
12.03%
Fund
Benchmark
High Growth -1.43%
-2.60%
14.56%
13.21%
18.01%
17.79%
21.38%
22.59%
-6.98%
-3.09%
13.17%
11.80%
Fund
Benchmark
Conservative Balanced 0.81%
0.81%
8.30%
8.25%
11.07%
11.01%
12.92%
12.60%
1.56%
3.18%
10.35%
9.13%
Fund
Benchmark
Diversified Fixed Interest 1.17%
2.74%
4.03%
4.29%
5.70%
6.40%
6.04%
4.74%
5.77%
9.58%
6.00%
6.56%
Fund
Benchmark
Growth 0.46%
-0.32%
11.00%
11.50%
15.54%
15.91%
18.52%
19.45%
-3.61%
-1.21%
12.73%
11.20%
Fund
Benchmark
Australian Shares -0.89%
-1.43%
5.47%
6.75%
18.43%
18.31%
19.67%
23.30%
-8.09%
-6.67%
17.18%
12.47%
Fund
Benchmark
Overseas Shares -3.10%
-5.12%
22.35%
20.36%
17.84%
19.88%
26.01%
29.76%
-7.30%
-3.07%
8.65%
7.44%
Fund
Benchmark
Capital Stable 1.74%
1.50%
7.24%
6.35%
8.89%
8.17%
10.11%
9.14%
4.13%
4.79%
8.64%
7.97%
Fund
Benchmark
Property 9.69%
9.75%
8.41%
10.92%
12.65%
10.68%
10.99%
12.91%
8.19%
7.92%
20.78%
11.91%
Fund
Benchmark
Cash 1.92%
1.66%
2.94%
2.61%
3.17%
2.78%
4.27%
3.48%
5.46%
4.76%
5.75%
5.05%
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

The NGS Super Income Stream commenced in 2001 with membership made public to all eligible Australians. With a minimum $20,000 initial investment, members have access to a flexible pension offering which caters to retirees as well as individuals approaching retirement. NGS Super Income Stream offers excellent value for members, securing the SuperRatings Platinum rating for the ninth consecutive year. The fund is also Infinity Recognised for demonstrating excellent environmental and social principles.

NGS Super Income Stream provides access to diverse investment options featuring a selection of Multi and Asset Specific strategies, including an Indexed Balanced option. Members can also invest in ASX-listed companies, ETFs and term deposits through the NGS self-managed option. The Diversified option underperformed the relevant SuperRatings Index in 2015 and over the long term.

Fees are competitive across all account balances assessed with the asset administration fee capped at $500. Members receive one free investment switch per financial year, as well as free lump sum withdrawals, which allow easy access to pension funds.

Other features of the product include a choice of 5 pension payment frequencies, a wide selection of death benefit options including binding, reversionary, child pension and anti-detriment payments and access to full financial planning services. An informative website with secure online account access, free retirement planning seminars and ancillary benefits which include discounted banking services round out an excellent value for money pension.


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