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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
  • 7 Year Platinum Performance
  • SR50 International Shares Index
  • Infinity Recognised
Awards
Fund data valid as of June 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $113 $157 -$44
50k $423 $631 -$208
100k $768 $1,164 -$396

Investment Allocation

Intl shares 28.5%
Aus shares 27.5%
Property 11.0%
Alternative 21.0%
Fixed interest 10.0%
Cash 2.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.00%
Investment Fee 0.69%
Switching Fee $0
Exit Fee $25
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 169,460
Total Assets $4,915,242,391
Year Started 1978
Target Market All Industries
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by LUCRF Super

Strong investment returns and low fees
In-house contact centre and administration
Commission-free financial advice
Flexible insurance
Secure mobile app and online account access

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 1.94%
2.81%
1.94%
2.81%
8.45%
9.60%
12.67%
12.66%
13.82%
14.73%
1.18%
0.45%
Fund
Benchmark
High Growth 1.65%
0.68%
1.65%
0.68%
13.69%
11.66%
17.78%
15.76%
24.12%
20.40%
-2.59%
-3.15%
Fund
Benchmark
Conservative Balance 3.25%
2.82%
3.25%
2.82%
6.46%
7.28%
9.50%
9.64%
10.65%
11.26%
3.24%
1.87%
Fund
Benchmark
Growth 4.97%
2.10%
4.97%
2.10%
5.25%
10.71%
8.64%
14.01%
Fund
Benchmark
Australian Shares 2.26%
1.50%
2.26%
1.50%
5.16%
5.70%
16.71%
16.77%
20.31%
21.07%
-5.55%
-6.15%
Fund
Benchmark
Overseas Shares -6.08%
-2.30%
-6.08%
-2.30%
17.04%
19.16%
20.86%
17.63%
26.73%
26.14%
-0.10%
-2.45%
Fund
Benchmark
Capital Stable 3.19%
3.36%
3.19%
3.36%
5.14%
5.66%
7.24%
7.34%
8.06%
8.29%
4.18%
4.06%
Fund
Benchmark
Property 21.96%
12.55%
21.96%
12.55%
16.83%
10.78%
8.64%
9.09%
20.14%
10.99%
6.55%
7.12%
Fund
Benchmark
Cash 1.91%
1.90%
1.91%
1.90%
2.30%
2.25%
2.49%
2.42%
2.95%
2.94%
4.18%
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

Established in 1978, LUCRF Super is Australia's first industry fund. As a MySuper compliant public offer fund membership is open to all Australians regardless of occupation. It is also Infinity Recognised.

The default MySuper Balanced option has underperformed the SuperRatings Index over the shorter term, but has generally performed well against industry peers. Members have a menu of 10 options to choose from, consisting of 5 Diversified and 5 Single Sector options. This includes a Targeted Return option that was launched as a response to changing market conditions and aims to reduce volatility of returns and preserve capital.

The fund offers a competitive and simple fee structure across all account balances assessed with low ongoing costs. Investment switches can be made at any time at no additional cost, although withdrawal fees may apply.

LUCRF Super offers members a full suite of insurance cover. Default cover is unitised and members are allocated 1 unit of Death and TPD cover upon joining and can then apply within 90 days for further cover of up to 6 units of Death or 4 units of Death and TPD insurance. Income Protection insurance covers up to 85% of salary and has a 30, 60 or 90 day waiting period.

LUCRF Super offers access to Free Consolidation and Lost Super Search services, as well as a range of other benefits, including regular member education programs.

The LUCRF Community Partnership Trust continues to be actively involved in community projects that reflect the core values of LUCRF, their employers and members.


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