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What the Researchers Say:

An OTHER rated fund usually has average or below average features and/or performance across a number of assessment areas. These funds frequently have many competitors that offer superior performance and structures in a more efficient environment.

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

  • Other
Awards
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
50k $750 $705 $45
250k $3,645 $3,036 $609
500k $6,770 $5,756 $1,014

Investment Allocation

Intl shares 29.0%
Aus shares 35.0%
Property 8.0%
Fixed interest 21.0%
Cash 7.0%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.55%
Investment Fee 0.95%
Switching Fee $29
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 55,673
Total Assets $5,065,270,000
Year Started 2010
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by Voyage Superannuation Master Trust - Allocated Pension

No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 13.32%
Fund
Benchmark
Australian Shares 16.04%
6.22%
Fund
Benchmark
Overseas Shares 24.64%
3.02%
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

Voyage Superannuation Master Trust is a sub-plan of the Oasis Superannuation Master Trust and aims to provide a simple yet flexible way to invest superannuation savings and draw a regular and tax effective income in retirement.

Voyage offers a wide choice of managed investments including Multi-Sector and Single Sector investment options. Members also have access to listed securities, ETFs and Term Deposits. Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.

Fees are higher than the industry average across all assessed account balances; however, fee tiering applies for the administration fee for account balances over $100,000. There are no exit fees; however, additional fees do apply for investment switches.

Members can nominate to receive their pension monthly, quarterly, half-yearly or annually with a selection of four payment days per month. Members also have the ability to automatically increase pension payments by CPI or a nominated percentage annually. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions.

Members receive regular communication and have easy access to up-to-date information through an online service which enables them to view account balances, investment details and general information. Additionally, members have access to an automatic re-weighting facility that allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.