Fund profiles

Asset Super
	Principal Contact: Lee Surace Telephone: Member Telephone: Facsimile: (02) 8923 0500 1800 805 981 (02) 8904 0600 Address: Level 7 140 Arthur Street North Sydney  NSW  2060  Website: Email: www.assetsuper.com.au asset@assetsuper.com.au
Overview:	Asset Super was established in 1987 and has over 8,000 participating employers and almost 12,500 members. Asset Super is a complying eligible choice fund as well as being a multi-industry, multi-occupation super fund, i.e. it applies to all industries and all occupations. The fund is also an approved Public Offer super fund, which means it can receive super contributions from any eligible employee, including the self-employed and meets all of the Government’s Fund Choice requirements. Asset offers 4 Blended Options and 6 Single Sector Options. Members can invest in one investment option or design their own strategy. Members can switch between investment options up to 4 times each financial year.
Year of Establishment:	1987
Value of Funds:	$1.5 billion
Key Features:	Competitive performance from professional fund managers selected and monitored by Mercer and the Trustee Board. Low fees - active members pay a fixed administration fee of only $1.50 per week irrespective of the size of their account balance. Members can access from 4 Blended and 6 Single Sector investment options. Flexible death and permanent disablement insurance and income protection insurance. 24/7 internet access allows employers to join and pay contributions electronically and for members to register and monitor their personal account details. Members receive regular communication from the fund including an annual statement. Seminars are available for members in their workplace or publicly on various topics.  All profits are returned to members - no third party commissions are paid so more of your money is working for you. Award winning educational material and dedicated Client Relationship Managers to educate and inform employers and members. The Board has equal member and employer representation, 4 member directors and 4 employer directors. Access to the full suite of Asset products available including a Flexible Pension and Transition to Retirement Pension.
Administrator:	Australian Administration Services
Auditors:	KPMG
Custodians:	National Australia Bank Limited
Asset Consultant:	Mercer (Australia) Pty Ltd
Insurer:	MLC

INVESTMENT OPTIONS
High Growth	91.4% Growth, 8.6% Defensive - To achieve a rate of return (after tax and investment management fees) that exceeds CPI increases by at least 3.5% pa over rolling 8 year periods
Medium Growth	70% Growth, 30% Defensive - To achieve a rate of return (after tax and investment management fees) that exceeds CPI increases by at least 3.0% pa over rolling 7 years periods
Stable Growth	35.5% Growth, 64.5% Defensive - To achieve a rate of return (after tax and investment management fees) that exceeds CPI  increases by at least 2.0% pa over rolling 4 year periods
Socially Responsible	74% Growth, 26% Defensive - To achieve a rate of return (after tax and investment management fees) that exceeds CPI  increases by at least 3% pa over rolling 5 year periods
Australian Shares	Target is to outperform (before tax and after investment management fees) the return of the Australian Sharemarket (measured by the S&P/ASX 300 Accumulation Index) over rolling 5 year periods.
International Shares	Target is to outperform (before tax and after investment management fees) the return of a composite benchmark consisting of 50% MSCI World ex Australian Index - unhedged, $A and 50% MSCI World ex Australia Index - hedged $A over rolling 5 year periods.
Property	Target is to outperform (before tax and after investment management fees) the returns of the Listed Property Market (measured by 30% UBS Global Real Estate Investor Index, hedged into $A and 33% S&P/ASX 200 Property Trusts Accum. Index and 40% Mercer Unlisted Property Index) over rolling 5 year periods.
Australian Bonds	Target is to match (before tax and after investment management fees) the return of the Australian Bond Market (measured by the UBS Composite Bond Index) over rolling 3 year periods.
International Bonds	Target is to outperform (before tax and after investment management fees) the returns of the International Bond Market measured by the Barclays Capital Global Aggregate Bond Index hedged into $A) over rolling 3 year periods.
Cash	To maintain the invested capital and to achieve a rate of return (before tax and investment management fees) comparable to that available on bank bills(measured by the UBSA bank bill index) over a 1 year period.

Investment Performance (crediting rates) Growth Asset Weighting Performance of Superannuation product to 30 June 2011   1yr 3yr 5yr High Growth 91.4% 9.79% 1.45% 0.95% Medium Growth 70% 8.98% 2.57% 1.85% Stable Growth 35.5% 7.45% 4.56% 3.89% Socially Responsible 74% 7.14% 2.89% 3.08% Cash 0%  4.17% 3.42% 4.08% Australian Shares 100% 6.91% 2.60% 2.39% International Shares 100% 0.92% -3.26% -4.63% Property 100% 11.82% -5.34% -4.83% Australian Bonds 0% 4.62% 6.23% 5.19% International Bonds 0% 8.36% 8.52% 7.45%

Insurance Available:	Death, Death/TPD, Health, Income protection & Health.
Extra Benefits:	Tiered financial planning service, Financial seminars, Online account details, Online transactions, Retirement planning, Access to low cost banking services.
Member Communications:	Product Disclosure statements, Annual Statements, Newsletters, Investment & Insurance Guides, Fact Sheets library and other tools & calculators are also available on website.
Employer Services:	Dedicated Client Relationship Managers to assist employers with their superannuation needs and to educate and inform employees.

FEES
Withdrawal fee	$44.00
Management Cost - investment fee (% p.a.)	0.61% (Medium Growth option)
Management Cost - member fee ($ per week/ annum)	$1.50 per week
Switching fee	$22 (after 1st switch which is free)

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