EmPlus MySuperInformation shown is for the balanced option.
What the Researchers Say:
An OTHER rated fund usually has average or below average features and/or performance across a number of assessment areas. These funds frequently have many competitors that offer superior performance and structures in a more efficient environment.
You should contact your financial adviser and/or this fund directly before making an investment decision.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Administration Fee ($)||$73|
|Administration Fee (%)||0.58%|
|Account Size Discount||No|
|Employer Size Discount||No|
|Financial Planning Service|
|Non-lapsing Binding Nominations|
|Insurance Life Event Increases|
|Long Term Income Protection|
About this Fund
|Target Market||All Industries|
|Offered to Public?||Yes|
|Fund Type||Master Trust-MySuper|
Fund Highlights - provided by EmPlus MySuper
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2015||FY 2014||FY 2013||FY 2012||FY 2011||Comparison|
- 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.
Percentage of Growth Assets
What the researchers say
EmPlus is a Master Trust that was established in 2005 by Milllennium3 Financial Services and is designed for individual investors and self-employed individuals.
The Fund's MySuper offering comprises a single diversified investment option, EmPlus MySuper. The EmPlus MySuper option is a new option from 1 January 2014 and therefore limited performance history is available; however, EmPlus MySuper underperformed the SuperRatings Index over the 12 months to 30 June 2015.
EmPlus's choice members also have access to a range of Diversified and Single Sector options, as well as a lifestages investment strategy; m+ Lifestages Option.
Fees for the fund are lower than the industry average across all assessed account balances. Members are able to switch investment options at no cost; however, an exit fee applies when making lump sum withdrawals.
EmPlus MySuper members will be provided with a default level of Death and Total & Permanent Disablement (TPD) insurance cover on an opt-out basis.
EmPlus provides calculators and educational material online, as well as access to comprehensive financial advice services.