Wealthtrac Superannuation Master Trust - Superannuation and Rollovers

Wealthtrac Superannuation Master Trust Superannuation and Rollovers is a sub-plan of the Oasis Superannuation Master Trust. The superannuation and rollover service is suitable for employees, 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.Wealthtrac 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) and term deposits. The Russell Balanced Class A option has outperformed the relevant SuperRatings Index over 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 $150,000. There are no investment switching fees or exit fees, although a buy-sell spread may apply.Wealthtrac Superannuation Master Trust Superannuation and Rollovers' insurance offering allows eligible members to apply for an unlimited amount of Death cover and up to $3 million of TPD cover. 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.