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AMG Super

AMG Super - Account Based Pension

Balanced

Awards

Winner of SuperRatings Silver 2021 MyChoice Super, SuperRatings Silver 2021 Pension

Past 5-year return
7.90

% p.a

Admin fee

$65

Calc fees on 50k

$760

SuperRatings awards
SuperRatings Silver 2021 MyChoice SuperSuperRatings Silver 2021 Pension
Past 5-year return
7.90

% p.a

Admin fee

$65

Calc fees on 50k

$760

SuperRatings awards
SuperRatings Silver 2021 MyChoice SuperSuperRatings Silver 2021 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, 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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Pension fund overview

For AMG Super - Account Based Pension

TMD

    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
    DIVERSIFIED FIXED INTEREST
    GROWTH
    AUSTRALIAN SHARES
    CAPITAL STABLE
    PROPERTY
    CASH
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