company logo

Matrix Superannuation Master Trust - Superannuation & Rollover

Past 5-year return
6.43%
Admin fee
$650
Calculated Fees on 50k
$1,095
Compare
No information has been 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.
Matrix Superannuation Master Trust is a sub-plan of the Oasis Superannuation Master Trust. The superannuation and rollover service is designed for employees, the self-employed or for someone considering rolling over their superannuation savings prior to retirement. The fund is a public offer fund and allows members from all industries to apply for membership.Matrix Superannuation Master Trust offers an extensive investment menu of Diversified options and Single Sector options, as well as access to Direct Equities, Exchange Traded Fund’s (ETFs), Separately Managed Accounts (SMAs) and term deposits. The Russell Balanced Class A option outperformed the relevant SuperRatings Index over the 10 years to 30 June 2018; however, underperformed over the shorter term.Fees are higher than the industry average across all account balances assessed; however, fee tiering applies for the administration fee for account balances over $100,000. Additional administration fees apply for members who invest in SMAs. There are no switching fees or exit fees, although a buy-sell spread may apply.Matrix Superannuation Master Trust Superannuation & Rollover's insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $3 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. 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. Members receive regular communication and have easy access to up-to-date information through an online service which enables them to view account balances, investment details and general information. Additionally, members have access to an automatic re-weighting facility that allows for eligible investment options to be re-weighted on a quarterly, half yearly or yearly basis.
Advertisement
Advertisement

Fees & fund features

Admin fee
Admin fee
$650
Administration fee (%)
Administration fee (%)
0.01%
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
0.88%
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
$650
Administration fee (%)
Administration fee (%)
0.01%
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
0.88%
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
+ View additional option performance information
1 - 5 of 5
Product
Past 5-year return
Admin fee
Past 5-year return
Company
Calculated Fees on 50k
Features
SuperRatings awards
Go To Site
More Info
Compare

More details

More Info
Compare

More details

More Info
Compare

More details

More Info
Compare

More details

More Info
Compare

More details

FAQs

The value of your assets affects whether you can qualify for the age pension – and, if so, how much.

The following assets are exempt from the assets test:

  • your principal home and up to two hectares of used land on the same title
  • all Australian superannuation investments from which a pension is not being paid – this exemption is valid until you reach age pension age
  • any property or money left to you in an estate, which you can’t get for up to 12 months
  • a cemetery plot and a prepaid funeral, or up to two funeral bonds, that cost no more than the allowable limit
  • aids for people with disability
  • money from the National Disability Insurance Scheme for people with disability
  • principal home sale proceeds you’ll use to buy another home within 12 months
  • accommodation bonds paid on entry to residential aged care
  • any interest not created by you or your partner
  • a Special Disability Trust if it meets certain requirements
  • your principal home, if you vacate it for up to 12 months
  • granny flat rights where you pay more than the extra allowable amount

For full pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$253,750

$456,750

Couples living together

$380,500

$583,500

Couples living apart due to ill health

$380,500

$583,500

Couples with only one partner eligible

$380,500

$583,500

For part pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$550,000

$753,000

Couples living together

$827,000

$1,030,000

Couples living apart due to ill health

$973,000

$1,176,000

Couples with only one partner eligible

$827,000

$1,030,000

For transitional rate pensions, reductions apply when your assessable assets exceed these thresholds:

Category

Home owners

Non-home owners

Singles

$503,250

$706,250

Couples living together

$783,000

$986,000

Couples living apart due to ill health

$879,500

$1,082,500

Couples with only one partner eligible

$783,000

$986,000

Details  
Compare your product with the big 4 banks, or add more products to compare
As seen on