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What the Researchers Say:

A "good value for money" superannuation 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 $522 $705 -$183
250k $1,882 $3,036 -$1,154
500k $3,022 $5,756 -$2,734

Investment Allocation

Intl shares 32.0%
Aus shares 19.0%
Property 14.0%
Alternative 11.0%
Fixed interest 19.0%
Cash 5.0%

Fees & Charges

Membership Fee $182
Asset Admin Fee 0.25%
Investment Fee 0.43%
Switching Fee $0
Exit Fee $90
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 30,284
Total Assets $1,338,599,121
Year Started 2006
Target Market
Offered to Public?
Fund Type Industry-Allocated Pension

Fund Highlights - provided by REI Super Elite Allocated Pension

Extensive investment options.
Low fees.
24/7 internet transaction access.
Lump sum withdrawals.
Member's helpline service.
Specialist pension administration team.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.76%
5.83%
11.68%
11.97%
16.57%
3.06%
Fund
Benchmark
High Growth 3.95%
3.73%
4.69%
0.82%
13.20%
13.21%
14.64%
17.79%
20.73%
22.59%
0.00%
-3.09%
Fund
Benchmark
Diversified Fixed Interest 0.70%
0.85%
6.31%
5.02%
6.54%
4.29%
6.41%
6.40%
4.04%
4.74%
11.81%
9.58%
Fund
Benchmark
Australian Shares 7.18%
6.22%
7.51%
2.22%
7.44%
6.75%
16.81%
18.31%
18.51%
23.30%
-4.79%
-6.67%
Fund
Benchmark
Overseas Shares 2.82%
3.02%
5.92%
-2.72%
17.24%
20.36%
21.35%
19.88%
30.04%
29.76%
-2.24%
-3.07%
Fund
Benchmark
Capital Stable 1.58%
1.54%
6.33%
3.64%
4.21%
6.35%
Fund
Benchmark
Property 3.29%
3.12%
17.06%
13.83%
8.81%
10.92%
14.13%
10.68%
14.21%
12.91%
4.60%
7.92%
Fund
Benchmark
Cash 0.14%
0.18%
1.93%
2.25%
2.44%
2.61%
2.40%
2.78%
3.13%
3.48%
4.33%
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

REI Super was established in 1975 to provide superannuation benefits to employees and members of the Real Estate Institute of Australia (REIA), before formally separating from the REIA in the 1990s. The Pension division was established in 2006 and a minimum initial investment of $50,000 is required to join this product.

Members have access to 10 investment options which include 4 Diversified and 6 Single Sector options. This includes a Premium Income investment option designed for those over 55 which aims to reduce market volatility, whilst preserving underlying capital. The investment allocation of the Trustee Super Balanced option is shown in the chart below. The Trustee Super Balanced option has been higher than the SuperRatings Index over the longer term.

The fee structure of REI Super Pension is competitive across all account balances assessed. No fees are charged for establishing an account, switching investments or regular pension payments; however, fees do apply for lump-sum withdrawals.

REI provides reasonably flexible pension features. Members can select from 4 pension payment frequencies with payments made directly to the member's nominated bank account. Members can nominate a drawdown strategy or have their pension payments drawn proportionately from their account.

REI Super Elite offers members access to financial planning services through Mercer Wealth Solutions and discounted banking products through ME.