RateCity.com.au
Advertisement

Meat Industry Employees Superannuation Fund - MySuper

Past 5-year return
New fund
Admin fee
$92
Calculated Fees on 50k
$372
No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
MIESF is an accumulation superannuation fund that was established over 30 years ago to provide superannuation to employees in the meat industry.The Fund's MySuper offering comprises a single diversified investment option, MIESF MySuper, a rebadged version of their preceding default option, the Trustee option. The MIESF MySuper option (where data has been available) has underperformed the SuperRatings Index.MIESF's choice members also have access to another Diversified investment option. The fund offers a competitive fee structure, with fees lower than the industry average across all assessed account balances. Members can switch between investment options without incurring a charge; however, an exit fee does apply. MIESF provides Death and Total and Permanent Disablement (TPD) insurance cover to all eligible members. New members will have their death cover restricted to $100,000 until one year after the Fund receives their first employer contribution. Income Protection (IP) insurance is not available through this fund.The fund provides occasional newsletters to members and has some education tools available on the website. Overall this is a low cost fund that provides relatively limited additional benefits to members.

Fees & fund features

Admin fee
Admin fee
$92
Exit fee
Exit fee
$41
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.56%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$92
Exit fee
Exit fee
$41
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.56%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
Compare your product with the big 4 banks, or add more products to compare