Meat Industry Employees Superannuation Fund - MySuper

MIESF is an accumulation superannuation fund that was established over 30 years ago to provide superannuation to employees in the meat industry.The fund's MySuper offering comprises a single diversified investment option, MIESF MySuper, MIESF's choice members also have access to another Diversified investment option. The MIESF MySuper option (where data has been available) has underperformed the relevant SuperRatings Index.The fund offers a competitive fee structure, with fees lower than the industry average across all assessed account balances. Members are not charged an investment switching fee or buy/sell spread; however, an exit fee does apply.MIESF provides Death and Total and Permanent Disablement (TPD) insurance cover to all eligible members. New members will have their death cover restricted to $100,000 until one year after the Fund receives their first employer contribution. Income Protection (IP) insurance is not available through this fund. Due to limited information and the linked nature of the Death and TPD cover in the fund SuperRatings is unable to complete a comparative analysis of the insurance cover provided. Refer to the insurance guide for more detailed information on the insurance provided.The fund provides occasional newsletters to members and has some education tools available on the website. Overall this is a low cost fund that provides relatively limited additional benefits to members.