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AMG Super

AMG Super - Account Based Pension

Balanced

Past 5-year return
6.33

% p.a

Admin fee

$65

Calc fees on 50k

$760

SuperRatings awards
SuperRatings Silver 2022 Pension
Past 5-year return
6.33

% p.a

Admin fee

$65

Calc fees on 50k

$760

SuperRatings awards
SuperRatings Silver 2022 Pension

Quick pension fund review

For AMG Super - Account Based Pension

These are the benefits of this pension fund.

  • 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 and Term Deposits. The Balanced option outperformed the relevant SuperRatings Index over the year to 30 June 2021; however, underperformed over the longer term.Fees are higher than the industry average across all assessed 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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Pension fund overview

For AMG Super - Account Based Pension

TMD

Features

Variety of options

Binding nominations

Account size discount

Online Access

Home loans

Financial planning service

Non-lapsing binding nominations

Employer size discount

Anti-detriment payments

Credit cards

Insurance Cover

Health insurance

Insurance life event increases

Total and permanent disability cover

Long term income protection

Fees

Admin fee

$65

Administration fee (%)

0.68%

Switching fee

$0

Investment fee

Indirect cost ratio (%)

0.71%

Exit fee

$0
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Target Market Determination

Visit AMG Super to view Target Market Determination.

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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
GROWTH
AUSTRALIAN SHARES
CAPITAL STABLE
CASH
+ View additional option performance information

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