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What the Researchers Say:

A "good value for money" superannuation fund that is strong in nearly all assessment areas but with average features and/or performance in one or more of our assessment criteria.

You should contact your financial adviser or this fund before making an investment decision.

  • MySuper Gold
Awards
Fund data valid as of November 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $116 $154 -$38
50k $431 $619 -$188
100k $781 $1,143 -$362

Investment Allocation

Intl shares 27.0%
Aus shares 25.0%
Property 13.0%
Alternative 11.0%
Fixed interest 24.0%

Fees & Charges

Administration Fee ($) $81
Administration Fee (%) 0.25%
Investment Fee 0.45%
Switching Fee $0
Exit Fee $50
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 269,839
Total Assets $3,219,431,988
Year Started 2013
Target Market All Industries
Offered to Public? Yes
Fund Type Industry-MySuper

Fund Highlights - provided by Kinetic Super Growth (MySuper)

MySuper Diversified Growth optio
Competitive fees
Secure website section for employers and members
Member & employer education seminars held
Clearing house service at no cost to employers
Default Death & TPD cover & the option to add voluntary Income Protection

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 2.73%
3.36%
2.67%
2.81%
8.26%
9.60%
14.24%
12.66%
14.70%
14.73%
3.00%
0.45%
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 30/06/2016, 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.

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

Originally established in 1989 under the name of Professional Associations Superannuation Fund (PASF), Kinetic Super is a public offer industry fund, which became a single brand following the consolidation of all PASF divisions in 2013.

Kinetic Growth (MySuper) uses the existing default Growth option. Past performance of historical products (Accountants Super, Australian Enterprise Super and Recruitment Super) is reflected as a compound average return for Kinetic Super over 5 years. Overall, Kinetic Super Growth (MySuper) option has outperformed the SuperRatings Index over the long term. Choice members can access an additional 7 Diversified and Single Sector options.

Fees for the Growth (MySuper) option are lower than the industry average across all assessed account balances, with the Member Administration fee capped at $500 p.a. No Switching fees are charged, although Buy/Sell Spreads may be incurred. Exit fees also apply for full and partial withdrawals.

Kinetic Super offers Default Death Only and Death/TPD insurance. Members can apply for a maximum of $5 million of Death Only cover and up to $3 million of Death & TPD cover. Voluntary Income Protection (IP) covers 85% of salary, with a maximum monthly benefit payment of $25,000. Members can also choose from a 2 year, 5 year or to age 65 benefit payment period.

With a focus on streamlining the user experience, Kinetic Super's new look website continues to offer members educational fact sheets, interactive online calculators and tools. Comprehensive financial advice is also provided through Industry Fund Services (IFS). The fund has also introduced a member app 'APPier', enabling members to stay connected to their super anywhere and anytime.


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