Russell Investments

Russell iQ Retirement Balanced Growth

Awards

Winner of SuperRatings Gold 2021 Pension

Past 5-year return
8.30

% p.a

Admin fee

$156

Calc fees on 50k

$691

SuperRatings awards
SuperRatings Gold 2021 Pension
Past 5-year return
8.30

% p.a

Admin fee

$156

Calc fees on 50k

$691

SuperRatings awards
SuperRatings Gold 2021 Pension

Quick pension fund review

For Russell iQ Retirement

These are the benefts of this pension fund.

  • Contribution and pension accounts in one.
  • Banking facility - at call access to pension (via ATM, internet, phone and branches).
  • Fee rebates for account balances over $500,000 and $1 million, including family linking.
  • Online account access with transaction capabilities.
  • Dedicated pension helpline answered by specialist team.
  • External financial advice solution.
  • No fees to move money between contribution and pension accounts.

Russell iQ Retirement is offered by Russell Investments, a leading global asset manager. Russell iQ Retirement was launched in 2007 and a minimum initial investment of $50,000 is required to commence membership. Russell iQ Retirement offers an investment menu of 9 Diversified options and 14 Single Sector options. The Russell Balanced Growth option underperformed the relevant SuperRatings Index over each time period assessed to 30 June 2020.Fees are lower than the industry average across all account balances assessed, with rebates applying to management fees on account balances over $500,000. The fund does not charge an investment switching fee; however, a buy-sell spread may apply.Russell iQ Retirement offers good pension flexibility, with members able to select from monthly to yearly payment frequencies. Members with more than one investment option can nominate the investment options from which payments are to be drawn. Members can also select from reversionary pensions, binding death nomination and non-binding lump sum death benefits.A range of online tools, calculators and educational resources are available through the fund's website. Further, members can view and update account details, as well as perform transactions through secure online account access.

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Pension fund overview

For Russell iQ Retirement

    Embed

    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
    HIGH GROWTH
    DIVERSIFIED FIXED INTEREST
    GROWTH
    AUSTRALIAN SHARES
    INTERNATIONAL SHARES
    CAPITAL STABLE
    PROPERTY
    CASH
    + View additional option performance information