AMG Super - Personal

AMG Super Personal was established in 2000 to service the retirement needs of members from a wide range of industries. The fund is a public offer fund and allows members from all industries to apply for membership.AMG Super offers an investment menu of 5 diversified options, 6 single sector options, as well as access Direct Shares, ETFs, LICs, Managed Funds, IPOs and Term Deposits. The Balanced option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2018; however, underperformed over the shorter term.Fees are competitive across small and larger sized account sized balances, although remain higher than the industry average for medium sized account balances assessed. The administration fee is tiered and will reduce further for account balances greater than $250,001. The fund does not charge switching fees, although an exit fee and buy-sell spread may apply for transfers from the fund.AMG Super Personal's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $3 million of TPD cover. Income Protection with a benefit period of 2 years or to age 65, covering up to 85% of salary, is available following a 30, 60 or 90 day waiting period. The fund also can establish an insurance policy through one of the AMG Super’s approved external retail insurers. The fund provides both members and advisers with account information, investment trading facilities and interactive portfolio performance history tools. Authorised advisers may also use a range of innovative administrative and investment tools through the Adviser Content Hub.