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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 July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $151 $156 -$5
50k $710 $627 $83
100k $1,370 $1,155 $215

Investment Allocation

Intl shares 20.0%
Aus shares 29.0%
Property 6.0%
Alternative 16.0%
Fixed interest 20.0%
Cash 5.0%
Other 4.0%

Fees & Charges

Administration Fee ($) $50
Administration Fee (%) 0.70%
Investment Fee 0.62%
Switching Fee $0
Exit Fee $0
Account Size Discount Yes
Employer Size Discount No

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

Total Assets $21,864,034,063
Year Started 2004
Target Market All Industries
Offered to Public? Yes
Fund Type Master Trust-Personal

Fund Highlights - provided by Asgard Elements Superannuation Account

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.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.30%
2.65%
2.30%
2.81%
6.50%
9.60%
10.20%
12.66%
16.20%
14.73%
-0.70%
0.45%
Fund
Benchmark
High Growth 4.10%
3.67%
1.10%
0.68%
9.50%
11.66%
13.40%
15.76%
21.80%
20.40%
-4.20%
-3.15%
Fund
Benchmark
Conservative Balance 2.60%
2.01%
2.80%
2.82%
4.80%
7.28%
8.30%
9.64%
12.20%
11.26%
1.60%
1.87%
Fund
Benchmark
Growth 3.90%
3.18%
1.60%
2.10%
7.20%
10.71%
11.50%
14.01%
18.80%
17.11%
-2.50%
-0.95%
Fund
Benchmark
Australian Shares 6.30%
5.68%
1.20%
1.50%
4.80%
5.70%
16.20%
16.77%
22.10%
21.07%
-8.00%
-6.15%
Fund
Benchmark
Overseas Shares 2.90%
2.74%
-2.10%
-2.30%
25.50%
19.16%
18.60%
17.63%
31.90%
26.14%
-2.50%
-2.45%
Fund
Benchmark
Capital Stable 1.70%
1.32%
3.30%
3.36%
2.90%
5.66%
6.10%
7.34%
8.40%
8.29%
3.40%
4.06%
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

Asgard Elements Super Account was established in 2004 by Asgard Wealth Management, which is now a subsidiary of the Westpac Group.

Members can select from an extensive investment menu featuring five Diversified and six Single Sector Multi-Manager funds, and 50 Single Manager funds, as well as Direct Shares and Term Deposits, are also available. Performance of the representative Balanced Multi-Blend option has been below the SuperRatings Index over the long term, however the extensive investment menu means returns vary depending on the option and manager selected.

Fees are higher than the industry average across all account balances assessed. Fee rebates are available if a member establishes a regular investment plan or has an account balance of over $10,000.

Asgard Elements offers members a full suite of insurance, with unlimited Death cover and Income Protection (IP) insurance covering up to 75% of salary with a 30, 60 or 90 day waiting period and a 2 year or to age 65 benefit period.

Financial planning services are available for members and the website caters to advisers and members with a range of educational materials, calculators and reporting capabilities.


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