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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
  • 10 Year Platinum Performance
  • Choice Super of the Year Finalist
Awards
Fund data valid as of June 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $117 $157 -$40
50k $468 $631 -$163
100k $858 $1,164 -$306

Investment Allocation

Intl shares 25.0%
Aus shares 30.0%
Property 10.0%
Alternative 3.0%
Fixed interest 23.0%
Cash 5.0%
Other 4.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.20%
Investment Fee 0.58%
Switching Fee $0
Exit Fee $120
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

Membership 46,928
Total Assets $6,926,252,582
Year Started 1931
Target Market All Industries
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by Equip - Corporate

Profit for member fund with competitive fees and insurance premiums.
Comprehensive but simple investment menu with strong, consistent investment performance over the long term.
Flexible insurance offering that meets member's changing needs over their lifetime.
A range of financial planning options.
Simple electronic interfacing for making contributions and updates.
Enhanced website promotes online engagement and provides thorough educational material, including a new online digital channel with up-to-date superannuation news and articles.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.80%
2.81%
2.80%
2.81%
10.52%
9.60%
13.35%
12.66%
16.02%
14.73%
1.08%
0.45%
Fund
Benchmark
High Growth -0.72%
0.68%
-0.72%
0.68%
13.86%
11.66%
17.10%
15.76%
23.31%
20.40%
-2.42%
-3.15%
Fund
Benchmark
Conservative Balance 3.44%
2.82%
3.44%
2.82%
8.19%
7.28%
10.67%
9.64%
11.64%
11.26%
3.40%
1.87%
Fund
Benchmark
Diversified Fixed Interest 6.02%
4.43%
6.02%
4.43%
4.14%
3.93%
5.98%
5.52%
3.92%
4.65%
10.44%
8.94%
Fund
Benchmark
Growth 1.61%
2.10%
1.61%
2.10%
11.39%
10.71%
15.06%
14.01%
19.00%
17.11%
-1.01%
-0.95%
Fund
Benchmark
Australian Shares -2.93%
1.50%
-2.93%
1.50%
4.75%
5.70%
19.56%
16.77%
19.42%
21.07%
-4.61%
-6.15%
Fund
Benchmark
Overseas Shares -3.46%
-2.30%
-3.46%
-2.30%
21.95%
19.16%
18.98%
17.63%
25.86%
26.14%
-1.44%
-2.45%
Fund
Benchmark
Capital Stable 3.57%
3.36%
3.57%
3.36%
6.19%
5.66%
8.30%
7.34%
8.22%
8.29%
5.68%
4.06%
Fund
Benchmark
Property 11.73%
12.55%
11.73%
12.55%
7.57%
10.78%
9.87%
9.09%
10.64%
10.99%
6.42%
7.12%
Fund
Benchmark
Cash 1.88%
1.90%
1.88%
1.90%
2.20%
2.25%
2.31%
2.42%
2.88%
2.94%
4.01%
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

A national multi-employer superannuation fund, Equip has been operating since 1931. The origins of the fund are in the infrastructure sectors of Victoria, specifically in the Electricity, Gas and Water Industries. However, the fund is now open to the general public. Equip Corporate has been a Platinum performer for eleven consecutive years and is a 2016 Choice Super of the Year finalist.

Equip offers a choice of eleven Multi Manager options across Diversified and Single sector strategies. The Balanced Growth option outperformed the SuperRatings Index in 2015 and over the long term.

Fees are competitive across all account balances assessed, while offering the flexibility of free unlimited switches. To assist members with higher account balances, the administration fee has been capped for account balances over $450,000.

The fund's insurance offering incorporates high Automatic Acceptance Limits, maximum cover levels, salary linked cover with a competitively priced cost structure. Income Protection (IP) provides 85% salary coverage over 2 years with a choice of 30, 60 and 90 day waiting periods.

Members also have access to a range of in-house financial planning services on a fee-for-service basis.


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