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Asgard Elements Superannuation Account

Past 5-year return
9.09%
Admin fee
$50
Calculated Fees on 50k
$1,030
Extensive selection of investment options available covering a wide range of risk strategies.
Access to financial advisers that assist with building investment portfolios.
Contributions can be paid via direct debit, BPay or by cheque from members or employers.
Comprehensive insurance offerings.
Statements are sent every 6 months.
Required minimum ongoing account balance of $2,000.
Ability to transfer between Asgard Elements and Asgard eWRAP super and pension products.
Asgard Elements Superannuation Account was established in 2004. The product is a subsidiary of Westpac Group, and has been designed to provide members with a wide range of managed funds.Members can select from an extensive investment menu featuring five Diversified and six Single Sector Multi-Manager funds as well as over 60 Single Manager funds. The Advance Balanced Multi-Blend Fund has underperformed the SuperRatings Index over the five-year period to 30 June 2017; however, the extensive investment menu means returns will vary depending on the option and manager selected. Fees for Asgard Elements Superannuation Account are higher than the industry average across all assessed account balances. An additional Cash Balance fee of 1.45% will also apply and is subject to minimum balance requirements. No fees are charged for investment switches; however, a buy-sell spread may apply. Asgard Elements insurance offering allows eligible members to apply for an unlimited amount of Death cover and $5 million of TPD cover. Income Protection of up to 75% of salary is available and members can select from 30, 60 or 90 day waiting periods. Members have access to consolidated transaction reporting from various managers and listed entities as well as periodic annual and investor reports.

Fees & fund features

Admin fee
Admin fee
$50
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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
$50
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.00%
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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