MLC

MLC Navigator Retirement Plan Series 2 - Account Based Pension

No. of members: 87810
Fund size: $20.7b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 2014
Past 5-year return
-
Admin fee

$375

Calc fees on 50k

$786

SuperRatings awards
Highlighted
7.15%

$117

AustralianSuper

$472

Advisory services
Death insurance
Income protection
Online access
Term deposits
Variety of options
Go to site
Past 5-year return
-
Admin fee

$375

Calc fees on 50k

$786

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

MLC Navigator Retirement Plan Series 2 is a sub-plan of the MLC Superannuation Fund established in 2014 and is designed to enable the establishment of a diversified portfolio accessing the primary investment markets of cash, fixed interest, equities and property through the various investment strategies offered. An initial investment of $20,000 is required to commence membership.Members have access to an excellent range of investment options, including a range of wholesale investment alternatives, a range of shares listed on the Australian Securities Exchange (ASX), Exchange Traded Funds (ETFs), various Term Deposits and a Separately Managed Account (SMA). Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees are lower than the industry average across medium and large account balances assessed. Discounts and fee caps apply to the administration fee for account balances over $200,000, including linked accounts, while a portion of the fees are negotiable. The fund does not charge an investment switching fee, although a buy/sell spread may apply.The fund provides excellent pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies, as well as the ability to automatically increase pension payments by CPI or a nominated percentage annually. Members with more than one investment option can nominate the proportion of each specified option from which payments are to be drawn. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions.Members have online access to their portfolio information, with financial advisers having the ability to transact and obtain reports on their behalf. Additionally, members have access to an automatic re-weighting facility allowing eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

Features and Fees

MLC Fees and Features

    Pros and Cons

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

    MLC Navigator Retirement Plan Series 2 is a sub-plan of the MLC Superannuation Fund established in 2014 and is designed to enable the establishment of a diversified portfolio accessing the primary investment markets of cash, fixed interest, equities and property through the various investment strategies offered. An initial investment of $20,000 is required to commence membership.Members have access to an excellent range of investment options, including a range of wholesale investment alternatives, a range of shares listed on the Australian Securities Exchange (ASX), Exchange Traded Funds (ETFs), various Term Deposits and a Separately Managed Account (SMA). Past performance of the fund is not readily available and therefore cannot be accurately measured against the relevant SuperRatings indices.Fees are lower than the industry average across medium and large account balances assessed. Discounts and fee caps apply to the administration fee for account balances over $200,000, including linked accounts, while a portion of the fees are negotiable. The fund does not charge an investment switching fee, although a buy/sell spread may apply.The fund provides excellent pension flexibility, with members able to select from monthly, quarterly, half-yearly and yearly payment frequencies, as well as the ability to automatically increase pension payments by CPI or a nominated percentage annually. Members with more than one investment option can nominate the proportion of each specified option from which payments are to be drawn. Beneficiary options are comprehensive, including non-lapsing binding and non-binding death benefit nominations, as well as reversionary pensions.Members have online access to their portfolio information, with financial advisers having the ability to transact and obtain reports on their behalf. Additionally, members have access to an automatic re-weighting facility allowing eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.

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    MLC 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
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      Past 5-year return
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      Calc fees on 50k
      Features
      SuperRatings awards
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