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What the Researchers Say:

A "good value for money" superannuation fund that is strong in nearly all assessment areas but with average features and/or performance in one or more of our assessment criteria.
You should contact your financial adviser or this fund before making an investment decision.

  • Gold
Awards
Fund data valid as of June 30, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $89 $157 -$68
50k $886 $631 $255
100k $1,772 $1,164 $608

Investment Allocation

Intl shares 15.0%
Aus shares 30.0%
Property 5.0%
Alternative 10.0%
Fixed interest 30.0%
Cash 10.0%

Fees & Charges

Administration Fee ($) $0
Administration Fee (%) 0.87%
Investment Fee 0.90%
Switching Fee $30.50
Exit Fee $0
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 181,917
Total Assets $36,412,145,776
Year Started 1999
Target Market All industries
Offered to Public? Yes
Fund Type Master Trust-Personal

Fund Highlights - provided by BT SuperWrap - Personal Super Plan

The client (via their adviser) has complete control over their investment decisions, subject to the approved list, as well as the timing of all transactions.
Fee flexibility as fees are negotiated between advisers and the clients. Advisers have the ability to charge flexible contribution fees and collect fees over a 3 months period rather then all upfront
SuperWrap offers accumulation, retirement and transition to retirement products all with CGT free transition between the products. No sell down required.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 0.95%
2.81%
0.95%
2.81%
9.66%
9.60%
10.43%
12.66%
11.97%
14.73%
-0.95%
0.45%
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

Established in 1999, BT SuperWrap was the first superannuation wrap platform offered in Australia. This product is designed for investors with at least $50,000 to invest, who want more control, flexibility and choice in their investment selection.

BT SuperWrap offers members a single point of access to a very extensive investment menu. Members are able to select from over 700 Managed Options and have access to Direct Equities and Term Deposits. Historical performance has been below the SuperRatings Index for the representative Balanced option over the longer term, however the extensive investment menu means returns vary depending on the option and manager selected.

Fees are above the market average across all account balances assessed. Members are able to link accounts with family members, taking advantage of additional discounts. No exit fees apply, however fees do apply for all investment switches.

A full suite of insurance is offered to members through the BT Life Protection Plan. Premiums and flexibility are competitive. Income Protection (IP) insurance covers up to 75% of salary, with a choice of 5 waiting periods and 3 benefit payment periods. Members are also able to increase their cover without medical evidence at the time of certain life events.

Members are required to have a financial adviser in order to access BT SuperWrap.


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