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AMIST MySuper

Past 5-year return
7.44%
Admin fee
$88
Calculated Fees on 50k
$423
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Diversified MySuper Balanced option.
Scaled and comprehensive financial advice service.
Education seminars nationwide member service visits.
Member specific over the phone financial advice at no additional cost.
Default Death and TPD and automatic Income Protection cover provided.
AMIST (Australian Meat Industry Superannuation Trust) Super is an industry fund originally established to serve members in the meat industry, with membership now open to the general public.The fund's MySuper offering comprises a single diversified investment option, the MySuper option. The MySuper option outperformed the SuperRatings Index over the 3 year and 5 year periods to 30 June 2018; however, underperformed over the longer term. Choice members can access 5 additional Diversified and Single-Sector investment strategies. Fees for the MySuper option are lower than the industry average across all account balances assessed. An exit fee applies for withdrawals, while investment switches are free of charge.Eligible members under age 70 automatically receive Death only, Total & Permanent Disablement (TPD) and Income Protection (IP) cover upon joining the fund. Members can increase their existing Death & TPD cover upon the occurrence of certain Life Events, with no health questions required. IP cover is provided up to a maximum of 75% of salary, or a maximum monthly benefit of $50,000, with a 2 year benefit payment period and a 30 day waiting period. AMIST members are provided with ancillary benefits, including discounted home loans, credit cards, savings accounts and health insurance. Members also have access to financial planning services via Link Advice and can request rollovers through the online MemberAccess portal.
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Fees & fund features

Admin fee
Admin fee
$88
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.14%
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.53%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Admin fee
Admin fee
$88
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
0.14%
Exit fee
Exit fee
$50
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.53%
Account size discount
Account size discount
Health insurance
Health insurance
Binding nominations
Binding nominations
Anti-detriment payments
Anti-detriment payments
Switching fee
Switching fee
$0
Employer size discount
Employer size discount
Home loans
Home loans
Non-lapsing binding nominations
Non-lapsing binding nominations
Long term income protection
Long term income protection
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
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Past 5-year return
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Calculated Fees on 50k
Features
SuperRatings awards
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FAQs

MySuper accounts are basic, low-fee accounts. If you don’t nominate a superannuation fund, your employer must choose one for you that offers a MySuper account.

MySuper accounts offer two investment options:

  1. Single diversified investment strategy

Your fund assigns you a risk strategy and investment profile, which remain unchanged throughout your working life.

  1. Lifecycle investment strategy

Your fund assigns you an investment strategy based on your age, and then changes it as you get older. Younger workers are given strategies that emphasise growth assets

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