RateCity.com.au
Advertisement

MLC MasterKey Superannuation

Past 5-year return
8.76%
Admin fee
$0
Calculated Fees on 50k
$1,130
Fund manager rebates are passed onto the clients.
Rebates apply for large account balances.
Rebalancing of funds happens on an as needed basis, not at set times.
Non-Lapsing Binding death benefit.
MLC MasterKey Superannuation is part of the MLC Super Fund; however, is no longer available to new investors.Members have access to a comprehensive investment menu, comprising both Diversified and Single Sector options, as well as managed investments across a range of asset classes. The MLC Horizon 4 - Balanced Portfolio has underperformed the SuperRatings Index over the short and long term.Although fees are above the industry average across all account balances assessed, a fee rebate may apply to large account balances. Members are able to switch investment options and make withdrawals at no cost.MLC MasterKey Superannuation offers Life Cover and Total & Permanent Disablement (TPD) insurance cover; however, premiums are calculated on an individual basis upon application and cannot be shown overleaf. Income Protection insurance is not offered with this product.A range of additional benefits such as financial planning, discounted health insurance, online access, investor educational materials and regular newsletters are accessible to members.

Fees & fund features-0

Admin fee
Admin fee
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.73%
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
$0
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.73%
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
Compare your product with the big 4 banks, or add more products to compare