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What the Researchers Say:

A "reasonable value for money" 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 adviser or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of April 30, 2017

Typical Fees

Balance This Fund Industry Average Difference
50k $660 $683 -$23
250k $3,300 $2,912 $388
500k $6,600 $5,522 $1,078

Investment Allocation

Intl shares 27.0%
Aus shares 30.0%
Property 5.5%
Fixed interest 15.0%
Cash 7.0%
Other 15.5%

Fees & Charges

Membership Fee $0
Asset Admin Fee 0.04%
Investment Fee 1.28%
Switching Fee $0
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 18,047
Total Assets $2,033,257,057
Year Started 2011
Target Market
Offered to Public?
Fund Type Master Trust-Allocated Pension

Fund Highlights - provided by Perpetual WealthFocus Wholesale Pension Plan

Extensive investment menu of highly rated funds with quality managers
Flexible pension payment options
Online functionality for members and advisers
Auto rebalancing
Pension refresh facility available

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 9.30%
1.10%
6.35%
13.53%
20.15%
2.05%
Fund
Benchmark
High Growth 14.80%
15.35%
-1.98%
0.82%
15.95%
13.21%
16.11%
17.79%
29.90%
22.59%
1.89%
-3.09%
Fund
Benchmark
Conservative Balanced 6.69%
7.72%
1.43%
3.46%
5.97%
8.25%
10.44%
11.01%
16.43%
12.60%
3.59%
3.18%
Fund
Benchmark
Secure 3.66%
7.72%
1.66%
3.46%
2.49%
8.25%
4.62%
11.01%
6.68%
12.60%
4.29%
3.18%
Fund
Benchmark
Australian Shares 14.84%
15.98%
0.45%
2.22%
2.76%
6.75%
18.38%
18.31%
25.75%
23.30%
-2.14%
-6.67%
Fund
Benchmark
Overseas Shares 16.95%
16.90%
-5.21%
-2.72%
25.83%
20.36%
13.88%
19.88%
29.13%
29.76%
-1.19%
-3.07%
Fund
Benchmark
Capital Stable 4.44%
5.25%
2.50%
3.64%
4.16%
6.35%
7.87%
8.17%
11.48%
9.14%
5.09%
4.79%
Fund
Benchmark
Cash 0.76%
1.62%
1.28%
2.25%
1.55%
2.61%
1.60%
2.78%
2.43%
3.48%
3.66%
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 2011, Perpetual WealthFocus Wholesale Pension Plan offers a flexible retirement solution to help members achieve their retirement goals.

Members can choose from over 60 Diversified and Single-Sector investment options, which are managed by more than 30 investment managers. The Balanced Growth option has underperformed the SuperRatings Index over the long term.

Fees associated with this product are higher than the industry average across all account balances assessed. However, investment fee rebates are available to eligible members, ranging from 0.35% to 0.90% p.a., which are calculated on the average daily balance and credited as additional units each month. Our ratings assume rebates are applied. Furthermore, no exit and switching fees are charged, although changing investment options may incur transactional costs.

The features of this product are highly flexible. Members are provided with a variety of payment frequencies ranging from fortnightly to annually, and can elect payment dates from multiple dates set by the fund. Members can also nominate a specific pension drawdown order, or fixed percentage drawdowns. Pension payments can be automatically increased by a nominated percentage or by CPI annually. Notably, the Pension Refresh Facility provides an easy way for members to consolidate their existing pension account balance with any additional accrued superannuation benefits. A Transition to Retirement Pension is also available.

Perpetual's website is easy to navigate and mobile responsive, featuring a News and Insights centre, which contains regularly updated investment market updates, product news, topical research and other educational information.