AMG Super

AMG Super - Account Based Pension

Past 5-year return
4.40%
Admin fee

$65

Calc fees on 50k

$680

SuperRatings awards
MyChoice SilverSilver
Past 5-year return
4.40%
Admin fee

$65

Calc fees on 50k

$680

SuperRatings awards
MyChoice SilverSilver

Pros and Cons

Pros and Cons

  • 5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
  • Direct access to direct equities for members.
  • Same fee structure as the employer and personal products but no tax rebate available.
  • Online access to all transactions and investment performance.
  • Access to all the same benefits (except insurance) as offered through the employer and personal products.

Summary

AMG Super was established to service the retirement needs of members from a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. The Account Based Pension requires a minimum initial investment of $20,000 to commence membership.AMG Super offers an investment menu of 5 diversified options, 6 single sector options, as well as access Direct Shares, ETFs, LICs, Managed Funds, IPOs and Term Deposits. The Balanced option underperformed the relevant SuperRatings Index over each assessed period to 30 June 2020.Fees are lower than the industry average across small account balances assessed; however, higher than the industry average on medium and large account balances. The administration fee is tiered and will reduce further for account balances greater than $250,001. The fund does not charge switching fees, although a buy-sell spread may apply.AMG Super Account Based Pension offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members may also select from binding and non-binding death nominations, as well as reversionary pensions.The fund provides members with account information, investment trading facilities and interactive portfolio performance history tools. Authorised advisers may also use a range of innovative administrative and investment tools through the Adviser Content Hub.

Features and Fees

AMG Super Fees and Features

    Pros and Cons

    • 5 managed and 6 sector specific options as well as over 50 managed funds at wholesale rates.
    • Direct access to direct equities for members.
    • Same fee structure as the employer and personal products but no tax rebate available.
    • Online access to all transactions and investment performance.
    • Access to all the same benefits (except insurance) as offered through the employer and personal products.

    AMG Super was established to service the retirement needs of members from a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership. The Account Based Pension requires a minimum initial investment of $20,000 to commence membership.AMG Super offers an investment menu of 5 diversified options, 6 single sector options, as well as access Direct Shares, ETFs, LICs, Managed Funds, IPOs and Term Deposits. The Balanced option underperformed the relevant SuperRatings Index over each assessed period to 30 June 2020.Fees are lower than the industry average across small account balances assessed; however, higher than the industry average on medium and large account balances. The administration fee is tiered and will reduce further for account balances greater than $250,001. The fund does not charge switching fees, although a buy-sell spread may apply.AMG Super Account Based Pension offers reasonable pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies. Members may also select from binding and non-binding death nominations, as well as reversionary pensions.The fund provides members with account information, investment trading facilities and interactive portfolio performance history tools. Authorised advisers may also use a range of innovative administrative and investment tools through the Adviser Content Hub.

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    AMG Super Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      DIVERSIFIED FIXED INTEREST
      GROWTH
      AUSTRALIAN SHARES
      CAPITAL STABLE
      PROPERTY
      CASH
      + View additional option performance information