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MLC MasterKey Business Super - MLC MySuper

Past 5-year return
New fund
Admin fee
$78
Calculated Fees on 50k
$608
Reduction of fees based on plan size.
Integrated clearing house facitilies.
Super contributions benefit of up to 15% paid to MLC or any other super fund.
MLC MasterKey Business Super is part of the MLC Super Fund and is a corporate superannuation solution designed for small to large businesses. The fund's MySuper offering comprises a single diversified investment option, MySuper. Limited performance history is currently available for the MySuper option, with the option underperforming the SuperRatings Index over the year to 30 June 2016. Choice members have access to both Diversified and Single Sector options, as well as managed investments across a range of asset classes.Fees are lower than the industry average across all account balances assessed and a Large Plan Rebate may apply. Members are able to switch investment options at no cost, while an exit fee is applied for full or partial withdrawals. MLC MasterKey Business Super provides a full suite of insurance cover, including unlimited Death Only cover and Total & Permanent Disablement (TPD) cover up to a maximum of $5 million. Premiums and insurance design can be tailored to each Employer Plan, alternatively members will automatically be provided with MLC Lifestage insurance. Income Protection (IP) offers benefit payment periods of either 2 years, 5 years or to age 65, with a maximum of 90% of pre-disability income and a choice of 3 waiting periods. Members with IP cover can also access Best Doctors services. The fund offers an extensive range of additional benefits to its members, including financial planning, discounted health insurance, online access, investor educational materials and regular newsletters. Additionally, MLC Member Rewards features a wide range of offers, including a variety of lifestyle and banking products, free of charge.

Fees & fund features-0

Admin fee
Admin fee
$78
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$78
Exit fee
Exit fee
$75
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.46%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
+ View additional option performance information
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