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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
Awards
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $122 $156 -$34
50k $374 $627 -$253
100k $654 $1,155 -$501

Investment Allocation

Intl shares 23.0%
Aus shares 27.0%
Property 12.0%
Alternative 18.0%
Fixed interest 13.0%
Cash 7.0%

Fees & Charges

Administration Fee ($) $94
Administration Fee (%) 0.10%
Investment Fee 0.46%
Switching Fee $0
Exit Fee $55
Account Size Discount No
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

Membership 90,351
Total Assets $2,210,000,000
Year Started 2010
Target Market NSW Club Industry
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by Club Plus Personal

Run for members, one of Australia's best value super funds
Service orientated, regionally based member service team
Range of educational services available - free seminars to financial advice
Understand the value of community and support the club industry
Diverse range of investment options - pooled and direct investment available
Pension and Transition to Retirement available for members approaching retirement age

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.69%
2.65%
2.73%
2.81%
8.65%
9.60%
12.15%
12.66%
13.00%
14.73%
0.00%
0.45%
Fund
Benchmark
High Growth 3.78%
3.67%
2.24%
0.68%
11.85%
11.66%
15.59%
15.76%
17.50%
20.40%
-4.02%
-3.15%
Fund
Benchmark
Growth 3.00%
3.18%
2.85%
2.10%
9.85%
10.71%
13.36%
14.01%
14.50%
17.11%
-2.06%
-0.95%
Fund
Benchmark
Australian Shares 6.09%
5.68%
3.96%
1.50%
4.20%
5.70%
18.00%
16.77%
19.50%
21.07%
-10.28%
-6.15%
Fund
Benchmark
Overseas Shares 3.23%
2.74%
-4.93%
-2.30%
19.45%
19.16%
Fund
Benchmark
Capital Stable 0.98%
1.32%
4.49%
3.36%
5.75%
5.66%
6.68%
7.34%
7.50%
8.29%
4.66%
4.06%
Fund
Benchmark
Cash 0.15%
0.16%
2.05%
1.90%
2.85%
2.25%
2.78%
2.42%
3.75%
2.94%
4.26%
4.04%
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

Club Plus Super was set up for Club Industry employees in NSW and the ACT, with membership now also open to the general public.

Club Plus Super offers members a choice of 7 investment options, as well as a Direct Investment Option providing access to Direct Shares listed on the S&P/ASX 300, a range of Exchange Traded Funds (ETFs) and Term Deposits. The Balanced option underperformed the SuperRatings Index over the 5 years to 30 June 2015, although it has outperformed over the longer term.

Club Plus Super's fees are lower than the industry average across all account balances assessed. No fees are charged for switching investments; however, an exit fee will be deducted when leaving the fund.

A full suite of insurance cover is offered, with Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance cover automatically provided upon joining the fund. Short Term IP covers a high 90% of income plus 9.5% SG contributions, with a choice of waiting periods. Other benefits offered under IP cover include rehabilitation, household duty assistance, accommodation and transportation benefits.

Club Plus Super provides financial advice through Club Plus Financial Planning, and also offers low cost banking through ME Bank. The secure online facility; MemberAccess, allows members to view and updated account details, as well as perform transactions.


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