RetireRight SuperInformation shown is for the conservative balance option.
What the Researchers Say:
A "reasonable value for money" superannuation fund that is performing well in a number of assessment areas but with average or below average features and/or performance in a number of other areas of our assessment.
You should contact your financial advisor or this fund before making an investment decision.
|Balance||This Fund||Industry Average||Difference|
Fees & Charges
|Administration Fee ($)||$0|
|Administration Fee (%)||0.45%|
|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||All Industries|
|Offered to Public?||Yes|
|Fund Type||Master Trust-Personal|
Fund Highlights - provided by RetireRight Super
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
YellowBrickRoad Super, originally known as RetireRight Super, was established in April 2013 by MAP Funds Management Ltd. It offers a low cost superannuation solution with flexible investment choices.
Members are provided with 6 pooled investment strategies and a Super Wrap investment option, which offers access to Managed Funds, Managed Account Portfolios, Direct Shares and Term Deposits. The 50/50 Option has underperformed the SR25 Conservative Balanced Index over the last three years. Long-term returns are currently not available.
Fees associated with this product are lower than the industry average across all account balances assessed. A minimum administration fee of $75 pa applies to account balances under $18,750. No switching fees are charged, although transactional costs may be incurred when changing investment options. However, exit fees apply for full withdrawals.
YellowBrickRoad Super provides members with a choice of group life cover or retail insurance. Automatic Death & TPD cover is provided to members upon initially joining the fund. Members can also apply for unlimited Death only cover and up to $3 million of Death & TPD cover. Income Protection (IP) is offered as part of the retail insurance cover through a YellowBrickRoad Financial Adviser. An assessment of IP is not provided as premium rates are tailored on an individual basis.
YellowBrickRoad members have access to a quick and easy application process and can track their account information via an online portal. A comprehensive financial advice service is also available through the YellowBrickRoad financial adviser network.