Meat Industry Employees Superannuation Fund - MySuper
Compare
Past 5-year return
New fundAdmin fee
$92Calculated Fees on 50k
$372No information was provided by the fund to SuperRatings. Hence an alert rating may be given in areas where a qualitative assessment cannot be made. For available information refer to the fund's PDS.
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, a rebadged version of their preceding default option, the Trustee option. The MIESF MySuper option (where data has been available) has underperformed the SuperRatings Index.MIESF's choice members also have access to another Diversified investment option. The fund offers a competitive fee structure, with fees lower than the industry average across all assessed account balances. Members can switch between investment options without incurring a charge; 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.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.
Fees & fund features
Admin fee | Admin fee $92 |
|---|---|
Exit fee | Exit fee $41 |
Financial planning service | Financial planning service |
Credit cards | Credit cards |
Insurance life event increases | Insurance life event increases |
Investment fee | Investment fee 0.56% |
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 $92 |
|---|---|
Exit fee | Exit fee $41 |
Financial planning service | Financial planning service |
Credit cards | Credit cards |
Insurance life event increases | Insurance life event increases |
Investment fee | Investment fee 0.56% |
|---|---|
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 past-5-year return vs. Industry average
Investment allocation
+ View additional option performance information
Company | Product | Past 5-year return | Admin fee | Past 5-year return | Calculated Fees on 50k | Features | SuperRatings awards | Go To Site |
|---|---|---|---|---|---|---|---|---|
| Past 5-year return New fund | Admin fee $92 | Past 5-year return New fund | Calculated Fees on 50k $372 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards   | Compare | |
| Past 5-year return New fund | Admin fee $92 | Past 5-year return New fund | Calculated Fees on 50k $372 | Features Advisory services Death insurance Income protection Online access Term deposits Variety of options | SuperRatings awards | Compare |
As seen on
