AMIST (Australian Meat Industry Superannuation Trust) Super is an industry fund originally established to serve members in the meat industry, with membership now open to the general public. The Pension product was introduced in 2005 with a minimum initial investment of $20,000 required to commence membership. The AMIST Pension investment menu consists of 7 Diversified and Single-Sector investment options suitable for members with different risk profiles. The Balanced option outperformed the SuperRatings Index over the 5- and 7-year periods to 30 June 2020.Fees for the Balanced option are lower than the industry average across all account balances assessed. The fund does not charge an investment switching fee or a buy-sell spread.AMIST Pension offers a reasonable level of product flexibility to members, with the ability to choose from a variety of payment frequencies ranging from twice-monthly to annually. Members can nominate the proportion of pension payments to be drawn from each investment option or have payments made pro-rata across investments. Beneficiary options include non-binding, lump-sum and reversionary pension nominations. AMIST members have access to financial planning services via Link Advice and a range of online fact sheets, calculators and educational resources. The secure online MemberAccess facility further allows members to view and update account details and perform transactions.

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