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AMP MySuper Balanced

Past 5-year return
New fund
Admin fee
$106
Calculated Fees on 50k
$456
Diversified balanced investment option
One consolidated statement for super and pension accounts
Online straight through processing on investment unit switches 24/7
Pension Refresh Facility
Online access to My Portfolio with regular reporting functionality
Established in January 2014, AMP MySuper Balanced is the MySuper offering for AMP Flexible Super Core, Select and Choice packages. As one of the leading funds in responsible investments, AMP Flexible Super has received a 2018 Infinity Recognised status for the 9th consecutive year. The MySuper Balanced investment strategy is actively managed and provides members with exposure to a wide range of asset classes. For members wishing to make investment choices, AMP Flexible Super Choice Package provides access to over 70 investment options. AMP MySuper Balanced option has underperformed the SuperRatings Index over the past three years, while long term returns are currently not available. Fees for this product are lower than the industry average across all assessed account balances. No switching fees are charged, although changing investment options may incur transactional costs. Exit fees also apply for partial and full withdrawals. Basic insurance cover (Essential Protection) is automatically provided with up to $250,000 of Death & TPD cover. Additional cover (Super Protection) is also available, allowing members to apply for up to $5 million of Death & TPD insurance and unlimited Death Only cover. Income Protection insurance is available over a 2 year, 5 year or to age 65 benefit period, with a choice of a variety of waiting periods ranging from 30 to 720 days. AMP's website contains a variety of financial simulators and retirement calculators, as well as a Goals info centre with a wealth of online tools and educational materials. The fund's interactive digital advice tool 'AMP Goals 360' is designed to assist members to plan and track their retirement goals.

Fees & fund features

Admin fee
Admin fee
$106
Exit fee
Exit fee
$38
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$106
Exit fee
Exit fee
$38
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.15%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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