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Matrix Superannuation Master Trust - Superannuation & Rollover

Past 5-year return
6.80%
Admin fee
$650
Calculated Fees on 50k
$1,085
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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.
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Fees & fund features

Admin fee
Admin fee
$650
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
0.87%
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 (%)
0.00%
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
0.87%
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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