$180
$780

Pros and Cons
Pros and Cons
- $20,000 minimum initial investment.
- Extensive investment menu.
- Transparent fees - one administration fee regardless of how many times the member transacts on their account.
Summary
IOOF Pursuit is a Division of the IOOF Portfolio Service Superannuation Fund and comprises a range of flexible superannuation products, including IOOF Pursuit Core, IOOF Pursuit Focus and IOOF Pursuit Select. IOOF Pursuit allows quick and easy movement between the different Pursuit models and between superannuation and pension products under the Pursuit banner as members' investment needs change.The Pursuit Select investment menu consists of 'Easy Choice', 'Premier Investor Choice', 'Investor Choice' and 'Direct Share Choice' options, providing members with access to an extensive range of diversified and single sector multi-manager options, as well as listed investments, term deposits and annuities. The IOOF MultiSeries 70 option outperformed the SuperRatings Index over the 1- and 3-year periods to 30 June 2020; however, underperformance over the longer term remains evident.Fees are higher than the industry average across small and medium account balances assessed. A reduced asset administration fee is applicable on account balances over $250K and capped at $5,000 pa. Members can switch investment options without incurring a switching fee, although, a buy-sell spread may apply.IOOF Pursuit Select Allocated Pension provides good flexibility, with members having the ability to receive payments twice-monthly through to annually, on a date set by the fund. Pension payments can be indexed each year by a specific percentage or in-line with CPI. Beneficiary options are comprehensive, including both binding and non-binding nominations, non-lapsing binding nominations, as well as reversionary pensions.A range of online tools, calculators and educational resources are available through the fund's website. Portfolio Online provides members with secure online access to their account, as well as the ability to generate comprehensive and consolidated reporting on their investments.
Features and Fees
IOOF Fees and Features
Pros and Cons
- $20,000 minimum initial investment.
- Extensive investment menu.
- Transparent fees - one administration fee regardless of how many times the member transacts on their account.
IOOF Pursuit is a Division of the IOOF Portfolio Service Superannuation Fund and comprises a range of flexible superannuation products, including IOOF Pursuit Core, IOOF Pursuit Focus and IOOF Pursuit Select. IOOF Pursuit allows quick and easy movement between the different Pursuit models and between superannuation and pension products under the Pursuit banner as members' investment needs change.The Pursuit Select investment menu consists of 'Easy Choice', 'Premier Investor Choice', 'Investor Choice' and 'Direct Share Choice' options, providing members with access to an extensive range of diversified and single sector multi-manager options, as well as listed investments, term deposits and annuities. The IOOF MultiSeries 70 option outperformed the SuperRatings Index over the 1- and 3-year periods to 30 June 2020; however, underperformance over the longer term remains evident.Fees are higher than the industry average across small and medium account balances assessed. A reduced asset administration fee is applicable on account balances over $250K and capped at $5,000 pa. Members can switch investment options without incurring a switching fee, although, a buy-sell spread may apply.IOOF Pursuit Select Allocated Pension provides good flexibility, with members having the ability to receive payments twice-monthly through to annually, on a date set by the fund. Pension payments can be indexed each year by a specific percentage or in-line with CPI. Beneficiary options are comprehensive, including both binding and non-binding nominations, non-lapsing binding nominations, as well as reversionary pensions.A range of online tools, calculators and educational resources are available through the fund's website. Portfolio Online provides members with secure online access to their account, as well as the ability to generate comprehensive and consolidated reporting on their investments.
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IOOF Fees and Features
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Past 5-year return 5.97% | Admin fee $53 | Company Promoted ![]() | Calc fees on 50k $822 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | Highlighted | |
Product | Past 5-year return 5.97% | Admin fee $180 | Company Promoted ![]() | Calc fees on 50k $1.1k | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | |
Product | Past 5-year return 5.97% | Admin fee $117 | Company Promoted ![]() | Calc fees on 50k $817 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | |
Past 5-year return 5.42% | Admin fee $84 | Company Promoted ![]() | Calc fees on 50k $1k | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() ![]() | Go to site | Winner of MyChoice Silver, Silver, RateCity Gold Awards 2020 More details | ||
Past 5-year return 5.42% | Admin fee $0 | Company Promoted ![]() | Calc fees on 50k $950 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | ||
Past 5-year return 5.42% | Admin fee $117 | Company Promoted ![]() | Calc fees on 50k $542 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | ||
Past 5-year return 5.42% | Admin fee $180 | Company Promoted ![]() | Calc fees on 50k $780 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | ||
Product | Past 5-year return New | Admin fee $180 | Company Promoted ![]() | Calc fees on 50k $1.1k | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details | |
Product | Past 5-year return New | Admin fee $117 | Company Promoted ![]() | Calc fees on 50k $542 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards ![]() | Go to site | Winner of Gold, RateCity Gold Awards 2020 More details |