Freedom of Choice - Personal Retirement Service
$100
$710
$117
$472
$100
$710
Pros and Cons
Pros and Cons
- No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
Summary
Freedom of Choice is a sub-fund of AMG Super offering flexibility and investment choice to members within a low-cost structure. A minimum initial investment of $10,000 is required to commence a Personal Retirement Service membership. Freedom of Choice members have access to a wide range of diversified and single sector managed funds, ASX listed securities and a selection of term deposits. Performance history is not available for the Vanguard Growth Index Fund option.Fees for the Vanguard Growth Index Fund option are lower than the industry average across all account balances assessed, with the asset-based administration fee reduced on account balances over $250,000. The fund does not charge switching fees, although a buy-sell spread may apply.The fund offers reasonable flexibility, with members having the ability to choose their pension payment frequency from monthly through to annually. Members can also choose to have their pension payments automatically increase by a nominated percentage each year. Beneficiary options include binding and non-binding death benefit nominations and reversionary pension. Online account access is available to members and employers, as well as a range of educational and reporting publications.
Features and Fees
AMG Super Fees and Features
Pros and Cons
- No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
Freedom of Choice is a sub-fund of AMG Super offering flexibility and investment choice to members within a low-cost structure. A minimum initial investment of $10,000 is required to commence a Personal Retirement Service membership. Freedom of Choice members have access to a wide range of diversified and single sector managed funds, ASX listed securities and a selection of term deposits. Performance history is not available for the Vanguard Growth Index Fund option.Fees for the Vanguard Growth Index Fund option are lower than the industry average across all account balances assessed, with the asset-based administration fee reduced on account balances over $250,000. The fund does not charge switching fees, although a buy-sell spread may apply.The fund offers reasonable flexibility, with members having the ability to choose their pension payment frequency from monthly through to annually. Members can also choose to have their pension payments automatically increase by a nominated percentage each year. Beneficiary options include binding and non-binding death benefit nominations and reversionary pension. Online account access is available to members and employers, as well as a range of educational and reporting publications.
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AMG Super Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | ||
|---|---|---|---|---|---|---|---|---|---|
4.40% | $65 | Promoted | $680 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details | Highlighted | |||
- | $100 | Promoted | $710 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | More details |
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