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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 May 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $135 $157 -$22
50k $761 $634 $127
100k $1,456 $1,169 $287

Investment Allocation

Intl shares 27.0%
Aus shares 29.0%
Property 3.0%
Alternative 20.0%
Fixed interest 17.0%
Cash 4.0%

Fees & Charges

Administration Fee ($) $66
Administration Fee (%) 0.25%
Investment Fee 1.14%
Switching Fee $0
Exit Fee $60
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 1,105,742
Total Assets $32,234,475,000
Year Started
Target Market All Industries
Offered to Public? Yes
Fund Type Master Trust-Personal

Fund Highlights - provided by OnePath Corporate Super Personal

Online Member Super Centre that has everything a member needs to know about super and their account.
Interactive and online financial education, calculators and seminars.
Extensive investment menu with unlimited free switching.
Access to comprehensive insurance cover for Death, TPD and IP.
Helpful and efficient telephone and online customer service.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 2.01%
3.68%
8.05%
9.60%
10.76%
12.66%
13.62%
14.73%
-2.73%
0.45%
5.79%
8.71%
Fund
Benchmark
High Growth 1.45%
3.45%
9.65%
11.66%
14.00%
15.76%
19.76%
20.40%
-6.14%
-3.15%
6.09%
9.40%
Fund
Benchmark
Conservative Balance 2.47%
3.36%
6.88%
7.28%
8.85%
9.64%
10.40%
11.26%
-0.27%
1.87%
5.55%
7.70%
Fund
Benchmark
Growth 1.49%
3.64%
8.96%
10.71%
12.54%
14.01%
16.68%
17.11%
-4.46%
-0.95%
6.04%
9.40%
Fund
Benchmark
Australian Shares 0.17%
4.38%
3.86%
5.70%
15.54%
16.77%
23.25%
21.07%
-8.34%
-6.15%
14.28%
11.00%
Fund
Benchmark
Overseas Shares 9.81%
1.37%
24.71%
19.16%
17.65%
17.63%
30.73%
26.14%
-6.03%
-2.45%
1.23%
5.86%
Fund
Benchmark
Capital Stable 2.80%
3.24%
5.23%
5.66%
6.86%
7.34%
7.16%
8.29%
1.58%
4.06%
4.87%
6.70%
Fund
Benchmark
Property 14.49%
10.46%
13.63%
10.78%
11.93%
9.09%
21.34%
10.99%
5.92%
7.12%
2.63%
8.00%
Fund
Benchmark
Cash 0.82%
1.74%
1.16%
2.25%
1.20%
2.42%
1.94%
2.94%
2.90%
4.04%
3.42%
4.33%
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

OnePath Corporate Super Personal caters to family members of existing Corporate Super members, as well as for those members who leave their employer and wish to stay in this product. The personal product provides access to many of the same large-scale employer benefits as corporate members.

Members have access to a large investment menu of over 50 options. In 2014, new underlying investment managers were assigned to manage the fund's Multi and Asset Specific strategies, as part of the fund's 'Multi Manager' investment process. The Diversified options provide a blend of active and passive investment styles. The default OptiMix Balanced option underperformed the SuperRatings Index in 2015, and over the long term.

Fees are higher than industry average across all account balances assessed. However, members are given flexibility in managing their portfolio with unlimited investment switches, free of charge. The exit fee is also waived if the member is transferring to another OnePath product.

Members have access to a full suite of Death, Total & Permanent Disability and Income Protection cover (IP). Voluntary Income Protection (IP) provides 75% salary coverage over 2 years or to age 65. Other features include full financial planning and access to ???InvestorBenefits???, which provides discounted health, lifestyle and entertainment benefits.


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