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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 advisor or this fund before making an investment decision.

  • Silver
Awards
Fund data valid as of May 31, 2017

Typical Fees

Balance This Fund Industry Average Difference
5k $234 $152 $82
50k $1,269 $601 $668
100k $2,419 $1,106 $1,313

Investment Allocation

Intl shares 22.0%
Aus shares 23.0%
Property 10.0%
Alternative 15.0%
Fixed interest 12.5%
Cash 5.0%
Other 12.5%

Fees & Charges

Administration Fee ($) $119
Administration Fee (%) 1.50%
Investment Fee 0.80%
Switching Fee $0
Exit Fee $51.25
Account Size Discount Yes
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 19,899
Total Assets $1,478,821,429
Year Started 1989
Target Market All Industries
Offered to Public? Yes
Fund Type Master Trust-Personal

Fund Highlights - provided by Perpetual's Select Superannuation Plan

13 multi-manager investment options
Consistent performance through Perpetual's disciplined and trusted investment process
Offers both employer and personal plans
Generous fee discounts for individual balances
Comprehensive and competitive insurance cover with the flexibility to easily alter cover to better suit circumstances
Auto rebalance to automatically keep asset allocation in line with nominated investment strategy

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 7.02%
10.31%
2.68%
2.81%
7.75%
9.60%
10.76%
12.66%
16.07%
14.73%
-0.91%
0.45%
Fund
Benchmark
High Growth 10.29%
14.41%
1.67%
0.68%
9.54%
11.66%
14.36%
15.76%
19.84%
20.40%
-3.90%
-3.15%
Fund
Benchmark
Conservative Balance 4.96%
7.39%
2.61%
2.82%
4.76%
7.28%
9.65%
9.64%
12.66%
11.26%
0.44%
1.87%
Fund
Benchmark
Diversified Fixed Interest 1.39%
2.08%
2.28%
4.43%
2.13%
3.93%
2.65%
5.52%
1.76%
4.65%
7.50%
8.94%
Fund
Benchmark
Growth 8.88%
11.92%
2.72%
2.10%
8.49%
10.71%
12.03%
14.01%
17.86%
17.11%
-1.57%
-0.95%
Fund
Benchmark
Australian Shares 9.15%
12.67%
3.12%
1.50%
4.75%
5.70%
16.86%
16.77%
19.58%
21.07%
-5.95%
-6.15%
Fund
Benchmark
Overseas Shares 17.03%
17.95%
-0.99%
-2.30%
16.48%
19.16%
14.52%
17.63%
24.75%
26.14%
-6.09%
-2.45%
Fund
Benchmark
Capital Stable 4.32%
5.16%
2.70%
3.36%
4.79%
5.66%
6.67%
7.34%
9.40%
8.29%
2.24%
4.06%
Fund
Benchmark
Property 1.36%
6.28%
14.76%
12.55%
10.66%
10.78%
10.27%
9.09%
15.42%
10.99%
2.24%
7.12%
Fund
Benchmark
Cash 0.23%
1.59%
0.53%
1.90%
0.77%
2.25%
0.81%
2.42%
1.40%
2.94%
2.63%
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 30/06/2016, 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 1989, Perpetual Select Super Plan is designed for both employee and personal members wanting an easy to use superannuation fund.

Perpetual Select Super members have access to 13 Diversified and Single-Sector investment options. The Balanced option has underperformed the SuperRatings Index over the short and long term.

Fees associated with this product are higher than the industry average across all account balances assessed. However, administration fee rebates are applicable on account balances over $265,500, and further rebates apply for balances greater than $885,600. No switching fees are charged, although changing investment options may incur transactional costs. Exit fees are charged for partial and full withdrawals.

Perpetual Select Super provides members with access to a full suite of insurance offering. Members can apply for unlimited Death only cover and up to $5 million of Death & TPD cover. Increases in Death and/or TPD cover are also available to eligible members upon the occurrence of certain life events without medical evidence. Income Protection is offered over a 2 year, 5 year or to age 65 benefit period with a waiting period of 30, 60 or 90 days, covering up to 85% of a member's salary.

Perpetual's website is easy to navigate and mobile responsive, featuring a News and Insights centre, which contains investment market updates, product news, topical research and other educational information.


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