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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.

  • MySuper Platinum
  • Infinity Recognised
Awards
Fund data valid as of December 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $118 $154 -$36
50k $473 $620 -$147
100k $868 $1,143 -$275

Investment Allocation

Intl shares 26.5%
Aus shares 26.5%
Property 11.0%
Alternative 16.0%
Fixed interest 12.0%
Cash 3.0%
Other 5.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.18%
Investment Fee 0.61%
Switching Fee $0
Exit Fee $0
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

Total Assets $7,712,807,000
Year Started 2014
Target Market All Industries
Offered to Public? Yes
Fund Type Industry-MySuper

Fund Highlights - provided by Vision Super - MySuper

Members subsequently wishing to make investment choice can simply move to the Choice category of Super Saver without any change in administration fees or insurance.
Eligible MySuper members receive Death, Total and Permanent Disablement as well as Income Protection insurance.
Members receive a welcome kit and personal telephone call on joining Vision Super.
Access to general and limited advice on members' super at no additional charge.
Discounted ancillary benefits through ME Bank and HBA.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 6.30%
5.52%
2.73%
2.81%
9.18%
9.60%
13.72%
12.66%
12.85%
14.73%
2.32%
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

Established in 1947, Vision Super is an industry fund with membership open to the general public. The fund is Infinity Recognised, which is a result of its strong commitment to environmental and social principles.

The fund's MySuper offering comprises a single diversified investment option, the Balanced Growth option. The Balanced Growth option outperformed the SuperRatings Index over the 5 years to 30 June 2016.

Fees are competitive and lower than the industry average across all member account balances assessed, with administration fee capped at $540 pa. Members are able to switch investment options and make withdrawals at no cost.

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. Income Protection is available to a maximum of 85% of monthly income plus super contributions, with benefit payment periods of 2 years or to age 65, and a choice of a 30 day and a 60 day waiting period.

A range of online tools, calculators and educational resources are available through the fund's website. The fund's secure website, Vision Online further allows members to view and update account details, as well as perform transactions.