Intrust Core Super - MySuperInformation shown is for the balanced option.
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.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Administration Fee ($)||$78|
|Administration Fee (%)||0.15%|
|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||Hospitality and Tourism Industries|
|Offered to Public?||Yes|
Fund Highlights - provided by Intrust Core Super - MySuper
Investment Option Performance
|Asset Allocation Category||FYTD||FY 2016||FY 2015||FY 2014||FY 2013||FY 2012||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 30/06/2016, 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
Intrust Super's Core Super is a simple, flexible and low-cost super offering specifically designed for employees in the hospitality, clubs, tourism and retail sectors. The fund was a finalist of the 2017 MySuper of the Year award.
The fund's MySuper offering comprises a single diversified investment option, MySuper. The MySuper option has outperformed the SuperRatings Index over the short and long term. Choice members are provided a choice of 8 investment options to choose from, providing members with access to 3 Pre-Mixed and 5 Single Sector options.
Fees are competitive and lower than the industry average across all account balances assessed. No fees are charged for switching investments; however, an exit fee applies to partial and full withdrawals.
A full suite of insurance cover is offered, with Death, Total & Permanent Disablement (TPD) and Income Protection (IP) insurance cover automatically provided to eligible members upon joining the fund. PayGuard Income Protection is available to a maximum of 90% of salary plus 10% super contributions, with a two-year benefit payment period and a choice of four waiting periods. Waiting periods can be backdated up to a maximum of 21 days for members who have not claimed for more than 6 years.
Intrust Super provides members with access to financial planning services through Intrust360, ranging from educational modules, Learning360, to online super advice, Super360 and full financial planning, Adviser360. Intrust Super's secure online facility, MemberAccess further allows members to view and update account details