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Mine Wealth + Wellbeing MySuper

Past 5-year return
New fund
Admin fee
$104
Calculated Fees on 50k
$574
The industry fund for Australia's coal community since 1941.
A fundamental commitment to understanding and meeting the needs of coal miners and their families. Dedicated, responsive and personalised customer service.
Above median long term investment returns, with fees well below the industry and not for profit average.
Scaleable, competitively priced advice and education which allows members to choose the level of guidance they need via their preferred delivery method.
Mine Wealth + Wellbeing is a MySuper compliant fund that is founded upon serving members in the coal mining industry and their families. The fund's MySuper default option, Lifecycle Strategy, places members in one of four diversified strategies depending on the decade they were born, with growth assets declining as they get older. The Balanced option has underperformed the relevant SuperRatings Index over the five years to 30 June 2017. Choice members may select from a suite of four diversified and six single sector options. Fees for Mine Wealth + Wellbeing MySuper are lower than the industry average across all account balances assessed. No additional fees are charged for switching between investment options or exiting the fund. Mine Wealth + Wellbeing's insurance enables eligible members to apply for an unlimited amount of Death cover and up to $2 million of TPD cover. Members also have the added flexibility to increase their Death and TPD insurance upon the occurrence of certain life events without the need of a medical. Income Protection of up to 84.5% of salary (including super contribution) and a choice of 30, 60, 90 or 120 day waiting periods is available for eligible members. Mine Wealth + Wellbeing offers members access to financial advice services as well as provides regular information seminars in major mining areas throughout NSW and Queensland.

Fees & fund features

Admin fee
Admin fee
$104
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
0.27%
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
$104
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
0.27%
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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