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AMIST MySuper

Past 5-year return
9.86%
Admin fee
$88
Calculated Fees on 50k
$603
Diversified MySuper Balanced option
Scaled and comprehensive financial advice service
Education seminars nationwide member service visits
Member specific over the phone financial advice at no additional cost
Default Death and TPD and automatic Income Protection cover provided
Originally established for serving members in the meat industry, AMIST (Australian Meat Industry Superannuation Trust) Super is today a public offer industry fund with all profits generated by the fund distributed to members.The fund's MySuper product is a re-badged version of its Balanced option, which has underperformed the SuperRatings Index over the 5 years to 30 June 2017. Choice members can access 5 additional Diversified and Single-Sector investment strategies. Fees for the MySuper option are lower than the industry average across all assessed account balances. No Switching fee is charged for changing investment options and the Indirect Cost Ratio (ICR) is capped at 0.10% p.a. However, exit fees apply for withdrawals. Eligible members under age 70 automatically receive Death only, TPD and Income Protection (IP) insurance. Members can also increase their existing Death & TPD cover upon the occurrence of certain Life Events, with no health questions required. IP covers up to 75% of salary, or a maximum monthly benefit of $50,000, with a 2 year benefit payment period and a 30 day waiting period. A range of ancillary benefits are available to members, including discounted home loans, credit cards, savings accounts and health insurance. Members also have access to financial planning services via Link Advice, and can request rollovers through the online MemberAccess portal.

Fees & fund features

Admin fee
Admin fee
$88
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.96%
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
$88
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.96%
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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