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.

  • MySuper Platinum
  • MySuper of the Year Finalist
Fund data valid as of February 29, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $122 $155 -$33
50k $518 $629 -$111
100k $958 $1,160 -$202

Investment Allocation

Intl shares 27.0%
Aus shares 28.0%
Property 10.0%
Alternative 18.0%
Fixed interest 15.0%
Cash 2.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.15%
Investment Fee 0.73%
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 125,764
Total Assets $1,878,808,903
Year Started 2013
Target Market Hospitality and Tourism Industries
Offered to Public? Yes
Fund Type Industry-MySuper

Fund Highlights - provided by Intrust Core Super - MySuper

Low fees.
Full insurance suite with excellent automatic acceptance limits for Death and Total & Permanent Disablement insurance.
Automatic income protection insurance that covers up to 90% of income.
Individual member and employer support and education.
Strong long-term performance.

Fund Rating Snapshot

  • Legend:
  • Excellent
  • Good
  • Average
  • Below Average
  • N/A

Rating Categories Clockwise from top

Performance is based on the past 5 years for their core balanced option
Investment Choices
Points scored on additional benefits to members ie: Home loans, Credit Cards, Health Insurance, Reverse Mortgage, shopping discounts, anti detriment payments and many others
Investment Processes
Points scored on contribution collection, via cheque, cash, Eftpos, Bpay, direct debit and other features
Small Account Fees
Points scored on the fees and charges based on an account size of $5k
Medium Account Fees
Points scored on the fees and charges based on an account size of $50k
Large Account Fees
Points scored on the fees and charges based on an account size of $100k
Death Insurance
Points scored on premium costs and features for Death Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Death and TPD Insurance
Points scored on premium costs features for Death and TPD Insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max age and other features
Income Protection Insurance
Points scored on premium costs features for Income Protection insurance ie: Min/Max level of cover, cover available during unpaid, whilst overseas, max% on monthly salary, waiting days available and other features
Member Services
Points scored on additional benefits offered to members ie Statement frequency and newsletter communications and other features
Administration Services
Points scored on the fund structure ie switching between investments, selecting regular contributions, nominated beneficiary changes, changing insurance options. For Service features like call centre, adviser services reports and many other features.
Financial Advice
Points scored on features in respect to financial advice facilities offered ie, by phone, internet, face to face, cost of scaled advice and others.
Points scored on Trustee structure, number of independent directors , renumeration and proxy voting policy and risk

Score Explanation

Excellent: Score of 75%-100%
Premium performer in this area. Well above benchmark.
Good: Score of 51%-74%
Better than most funds. Above benchmark
Average: Score of 26%-50%
Placed close to benchmark
Below average: Score of below 25%
Not quite up to speed. Lower than benchmark.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced -1.45%
  • 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

Intrust Super's Core Super is a simple, flexible and low-cost option that has been specifically designed to suit employees in the hospitality, tourism and retail industries. Intrust provides excellent value to their members securing the SuperRatings Platinum rating for 2016, with the MySuper offering being among the finalists for MySuper of the Year.

The fund is MySuper authorised, with the Balanced option being the default offering for members who do not select an investment option. For Choice members, the fund offers two additional diversified options and five asset-specific options. Intrust Super's Balanced option outperformed the SuperRatings Index in 2015, with long-term returns also positioned above the index.

Fees are competitive across all account balances assessed and offer the added benefit of unlimited investment switches at no additional cost.

Core Super's insurance offering is competitive with members automatically receiving Death and Total & Permanent Disablement (TPD) cover upon joining. The AAL's are set at a maximum of 4 units for members under the age of 40, while Income Protection (IP) provides 90% salary coverage plus 10% SG over two years. The maximum cover of $50,000 per month supports the strong relative positioning of the fund in their insurance assessment. Reduced waiting periods for Income protection is given as incentive for members with continuous cover and who have not made a claim for a minimum of two years. Waiting periods can be backdated up to a maximum of 21 days for members who have not claimed for more than 6 years.

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