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Electricity Industry Super Scheme Accumulation (Division 5)

Past 5-year return
New fund
Admin fee
$0
Calculated Fees on 50k
$365
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No information has been provided by the fund to SuperRatings.
Electricity Industry Super Scheme Accumulation (Division 5) was established in 1999 to service the retirement needs of members employed within the electricity industry. The fund is only available to current and former employees, as well as their spouses.Electricity Industry Super Scheme Accumulation (Division 5) offers an investment menu of three diversified options and one single sector option. The Balanced Growth option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2018.Fees are lower than the industry average across all account balances assessed. The only fee that will be charged is the investment management fee, and is dependent on the investment option selected. The fund does not charge an administration fee, transaction fee or a buy-sell spread.Electricity Industry Super Scheme offers members a full suite of Death, TPD and Income Protection cover. The fund's Death and TPD cover is a based off a multiple of the members salary and the number of years the members has reached to age 60 (pro-rata). The fund's Disability Income cover is equivalent of two-thirds salary and payable up to 12 months. As premiums have been combined for Death, TPD and Income Protection, only TPD has been displayed overleaf. EISS offers members access to educational materials along with industry news and financial planning tools through the fund's website. EISS is regularly onsite conducting one-on-one information sessions with members to ensure members are well informed on their retirement needs.
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Fees & fund features

Admin fee
Admin fee
$0
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.73%
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
$0
Administration fee (%)
Administration fee (%)
0.00%
Indirect Cost Ratio (%)
Indirect Cost Ratio (%)
Exit fee
Exit fee
$0
Financial planning service
Financial planning service
Credit cards
Credit cards
Insurance life event increases
Insurance life event increases
Investment fee
Investment fee
0.73%
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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