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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

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  • Platinum
  • 10 Year Platinum Performance
Awards
Fund data valid as of November 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $108 $154 -$46
50k $495 $619 -$124
100k $925 $1,143 -$218

Investment Allocation

Intl shares 29.0%
Aus shares 19.0%
Property 11.0%
Alternative 29.0%
Fixed interest 6.0%
Cash 6.0%

Fees & Charges

Administration Fee ($) $65
Administration Fee (%) 0.20%
Investment Fee 0.66%
Switching Fee $0
Exit Fee $25
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 1,904,394
Total Assets $41,112,046,760
Year Started 1999
Target Market All industries
Offered to Public? Yes
Fund Type Industry-Personal

Fund Highlights - provided by REST Select

Low fees including no commissions to financial planners, advisers or accountants.
Comprehensive online facility with the option of online statements, newsletters, product information and education as well as member access.
Free member education & employer seminars held throughout the country.
Health insurance, banking services and travel insurance available to members at discounted rates and access to non-commission based financial advice with members first call free of charge.

Investment Option Performance

Asset Allocation Category FYTD FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 Comparison
Balanced 4.21%
3.36%
1.82%
2.81%
9.47%
9.60%
13.29%
12.66%
18.42%
14.73%
0.85%
0.45%
Fund
Benchmark
High Growth 5.02%
4.97%
1.81%
0.68%
12.80%
11.66%
15.17%
15.76%
23.13%
20.40%
-0.52%
-3.15%
Fund
Benchmark
Conservative Balance 3.31%
2.24%
1.87%
2.82%
8.99%
7.28%
10.01%
9.64%
14.86%
11.26%
2.77%
1.87%
Fund
Benchmark
Secure 0.86%
2.24%
1.78%
2.82%
2.72%
7.28%
2.96%
9.64%
3.73%
11.26%
3.99%
1.87%
Fund
Benchmark
Diversified Fixed Interest 0.38%
-0.31%
1.62%
4.43%
5.80%
3.93%
4.89%
5.52%
7.46%
4.65%
9.11%
8.94%
Fund
Benchmark
Growth 4.27%
3.84%
2.01%
2.10%
11.26%
10.71%
13.08%
14.01%
19.93%
17.11%
0.84%
-0.95%
Fund
Benchmark
Australian Shares 5.83%
5.63%
3.32%
1.50%
7.49%
5.70%
18.39%
16.77%
24.78%
21.07%
-4.96%
-6.15%
Fund
Benchmark
Overseas Shares 5.62%
5.22%
-3.69%
-2.30%
20.46%
19.16%
19.61%
17.63%
32.95%
26.14%
-2.92%
-2.45%
Fund
Benchmark
Capital Stable 2.42%
1.49%
1.81%
3.36%
7.17%
5.66%
7.58%
7.34%
10.94%
8.29%
4.26%
4.06%
Fund
Benchmark
Property 3.90%
1.41%
12.99%
12.55%
6.01%
10.78%
7.74%
9.09%
7.89%
10.99%
5.21%
7.12%
Fund
Benchmark
Cash 0.83%
0.72%
2.04%
1.90%
2.36%
2.25%
2.62%
2.42%
3.18%
2.94%
3.87%
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

REST was established in 1988 to provide superannuation services to retail employees. The Personal division was established in 1999 and continues to provide superannuation benefits to employees across all industries.

Members can select from 13 investment options. The default Core Strategy option has provided excellent returns and outperformed the SuperRatings Index over the short and long term.

REST's fees compare well to the industry average and are both dollar and percentage based. Fees are charged for withdrawals with the first one free and buy/sell spreads are charged per transaction.

The REST Personal insurance offering provides the option to apply for unlimited Death cover and $5 million in TPD cover. Long term and standard Income Protection (IP) insurance is also available up to 87% of salary (with a maximum of $30,000 per month) after 30,60 or 90 day waiting periods. To keep up with the cost of living, the level of Death, TPD and IP Basic benefits are indexed on 1 January each year by 5%.

REST offers extensive additional member benefits, including financial planning, discounted health and travel insurance as well as access to low-cost banking products.


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