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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 adviser or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of July 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $178 $156 $22
50k $605 $627 -$22
100k $1,080 $1,155 -$75

Investment Allocation

Intl shares 24.5%
Aus shares 29.5%
Property 17.0%
Alternative 10.0%
Fixed interest 14.0%
Cash 5.0%

Fees & Charges

Administration Fee ($) $130
Administration Fee (%) 0.00%
Investment Fee 0.95%
Switching Fee $35
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

Membership 42,984
Total Assets $537,831,235
Year Started 2005
Target Market Australia Wide
Offered to Public? Yes
Fund Type Industry-Personal

Fund Highlights - provided by Nationwide Superannuation Fund - Personal Division

NSF Super has a highly competitive and easy to understand fee structure.
NSF Super offers you a choice of investment strategies, without confusing you with too many choices.
Access to a team of real people (not machines) who are specially trained and educated in super.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 3.54%
2.65%
4.87%
2.81%
7.40%
9.60%
11.63%
12.66%
13.63%
14.73%
-0.47%
0.45%
Fund
Benchmark
High Growth 3.54%
3.67%
3.94%
0.68%
8.88%
11.66%
14.16%
15.76%
15.83%
20.40%
-4.62%
-3.15%
Fund
Benchmark
Capital Stable 1.34%
1.32%
4.13%
3.36%
5.12%
5.66%
7.73%
7.34%
7.42%
8.29%
0.64%
4.06%
Fund
Benchmark
Cash 0.11%
0.16%
1.49%
1.90%
1.60%
2.25%
1.90%
2.42%
2.57%
2.94%
3.67%
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

The Nationwide Super Fund was established in 1987 as a regional superannuation scheme for members based in Newcastle, NSW, although its membership is now open to all members.

The investment menu consists of four Multi Sector options, including a Socially Responsible Investment option, and a Cash option. The default Diversified option underperformed the SuperRatings Index in 2015 and over the long term.

NSF Super's fees are lower than the industry average across all account balances assessed. Switching fees do apply, however members are entitled to one free investment switch each year.

The fund offers voluntary insurance package, which can be altered at any time. The fund has no limit on Death cover and up to $5 million Total and Permanent Disability (TPD) cover. Income Protection (IP) provides 85% salary coverage up to a maximum of $30,000 per month and is available to members working at least 15 hours per week. IP provides adequate flexibility with a choice of 3 waiting periods, available over a 2 year or to age 65 benefit period.

The fund website is simple and well designed, with segmented areas providing easy access to tools and relevant information. Members and employers are offered secure online facility which allows various online transactions.


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