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Child Care Super - MyMix

Past 5-year return
9.40%
Admin fee
$95
Calculated Fees on 50k
$868
No information was provided by the fund to SuperRatings, hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
The Child Care Super Fund (CCSF) was established in 1997 to provide superannuation services to workers in the child care industry and is part of Guild Super. On 30 June 2010 the Fund's trustee, Guild Trustee Services Pty Limited, transferred the accrued benefits and entitlements of all existing members of the Australian Child Care Super Fund into the Child Care Super sub-plan of the Fund. Child Care Super is MySuper approved. The Fund offers two investment solutions - 'MyMix' and the default 'MySuper Lifecycle Investment Strategy'. The default option is the MySuper solution, which is dependent on the member's age. The MyMix solution offers a choice of 4 Diversified and 4 Single Sector options for members who prefer to choose their own investment mix. The fund's Growth option has underperformed the SuperRatings Index over 5 years to 30 June 2016. Fees are higher than the industry average across all account balances assessed, however fee rebates apply to account balances over $25,000. Child Care Super waives the member fee if a MyMix member is on parental leave. A different fee structure applies to MySuper members. A full suite of insurance is available and members are automatically provided with Default Cover of Death and TPD, as well as Income Protection (IP) with a 5-year benefit period and a 90-day waiting period. Members may apply for additional Death only, Death and TPD, and IP (Standard or Long-Term IP) cover if required. IP insurance covers up to 85% of salary with a choice of 3 waiting periods and 2 benefit payment periods. The default IP benefit period of 5 years prevents the premiums from being displayed overleaf.Child Care Super provides members with access to financial planning services, EFTPOS solutions, super and pension planning calculators, and bi-annual account statements.

Fees & fund features-0

Admin fee
Admin fee
$95
Exit fee
Exit fee
$60
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.34%
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
$95
Exit fee
Exit fee
$60
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.34%
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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