Asgard Allocated Pension Account - SMAF

Asgard Managed Profiles and Separately Managed Account - Funds was established in 1993 and was designed to provide a wide range of investment options to members and their authorised advisor. Asgard members have access to five pre-set investor portfolios and over 450 individual managed investments, as well as securities listed in the ASX, term deposits and cash accounts. The SMA Balanced option has underperformed the SuperRatings Index over the five-year period to 30 June 2017; however, due to the extensiveness of the investment menu, returns will vary depending on the investments selected.Fees are higher than the industry average across all assessed account balances. No switching fee or exit fee is applicable; however, buy-sell spreads charged by investment managers may apply. The Asgard SMAF Allocated Pension account provides good flexibility. Members have the option to choose from monthly, quarterly, or annual pension payments which will deposited into a nominated bank account. The product offers estate planning features such as binding nomination and reversionary pensions, and drawdown strategies can be select on a pro-rata or priority basis.Members have access to financial planning services, account details and extensive reporting facilities provided online via the Investor Online facility, and a large range of educational materials and calculators on the fund's website.