Grosvenor Pirie Management Limited

Future Super Pension Plan

No. of members: 14776
Fund size: $461.6m
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2015
Past 5-year return
New
Admin fee

$94

Calc fees on 50k

$574

SuperRatings awards
Past 5-year return
New
Admin fee

$94

Calc fees on 50k

$574

SuperRatings awards

Pros and Cons

Pros and Cons

  • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS

Summary

The Future Super Fund is the first fossil fuel free super fund in Australia. It aims to provide competitive returns to members while making a positive impact for the environment and society. A minimum initial investment of $20,000 is required to commence the pension membership. The Pension Plan offers a single diversified investment strategy, the Balanced Growth option. Environmental, Social and Governance (ESG) considerations are integrated into its investment strategy, and investment decisions are based on regular positive and negative screening processes to ensure that investments are consistent with the fund’s value. While limited performance history is available for this product, the Balanced Growth option outperformed the SuperRatings Index over the year to 30 June 2019.Fees are lower than the industry average across all account balances assessed. No switching fees are charged, although a buy-sell spread may apply.A limited level of pension flexibility is provided to members, which includes a choice of four payment frequencies ranging from monthly to annually. Members can also choose between binding nominations and reversionary pension for death benefit payments. Members can view their account information, update their details and transact via a secure online member portal. The 'Future Super Blog' features a series of online educational materials which include topics on ethical investment, industry trends and member stories.

Features and Fees

Grosvenor Pirie Management Limited Fees and Features

    Pros and Cons

    • No information was provided by the fund to SuperRatings. For available information refer to the fund's PDS

    The Future Super Fund is the first fossil fuel free super fund in Australia. It aims to provide competitive returns to members while making a positive impact for the environment and society. A minimum initial investment of $20,000 is required to commence the pension membership. The Pension Plan offers a single diversified investment strategy, the Balanced Growth option. Environmental, Social and Governance (ESG) considerations are integrated into its investment strategy, and investment decisions are based on regular positive and negative screening processes to ensure that investments are consistent with the fund’s value. While limited performance history is available for this product, the Balanced Growth option outperformed the SuperRatings Index over the year to 30 June 2019.Fees are lower than the industry average across all account balances assessed. No switching fees are charged, although a buy-sell spread may apply.A limited level of pension flexibility is provided to members, which includes a choice of four payment frequencies ranging from monthly to annually. Members can also choose between binding nominations and reversionary pension for death benefit payments. Members can view their account information, update their details and transact via a secure online member portal. The 'Future Super Blog' features a series of online educational materials which include topics on ethical investment, industry trends and member stories.

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    Grosvenor Pirie Management Limited Fees and Features

      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
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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