Fund profiles

Asset Super
	Principal Contact: Frank Briggs 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 85,000 members. Asset Super was granted an APRA Licence as a Registrable Superannuation Entity in March 2005, providing further evidence that the Fund offers security and peace of mind for employers and their employees. 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 take 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:	$1.4 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 $1.15 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% Growth, 64% Defensive - To achieve a rate of return (after tax and investment fees) that exceeds CPI  increases by at least 2.0% pa over rolling 4 year periods
Socially Responsible Investment (SRI)	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 at least outperform the S&P/ASX 300 Accumulation Index over rolling 5 year periods
International Shares	Target is to at least outperform a composite of 50% the MSCI World ex Australia Index (Unhedged $A), CPI over rolling five year periods
Property	Target is to at least outperform the Listed Property Market (measured by 33% UBS Global Real Estate Investor Index, hedge into $A and 33% S&P/ASX 200 Property Trusts Accum. Index and 34% Mercer Unlisted Property Index) over rolling five year periods
Australian Bonds	Target is to at least outperform the USBA Composite Bond Index over rolling 3 year period
International Bonds	Target is to outperform the JPM World ex-Aust. Govt Bond Index-Fully Barclays Capital Global Aggregate Bond Index Hedged, unhedged into A$ 3 year periods
Cash	Target is to achieve a rate of return comparable to that available on bank bills as measured by the UBSA Bank Bill Index over 1 year period

Investment Performance (crediting rates) Growth Asset Weighting Performance of Superannuation product to 30 June 2010   1yr 3yr 5yr High Growth 91.4% 12.68% - 2.22% Medium Growth 70% 11.91% -4.12% 2.77% Stable Growth 35.5% 8.92% 1.23% 3.95% Socially Responsible 74% 10.91% -2.15% - Cash 0%  4.03% 3.67% 4.20% Australian Shares 100% 11.51% -5.31% 5.33% International Shares 100% 5.13% -9.62% -1.55% Property 100% 20.67% -16.50% -4.79% Australian Bonds 0% 6.15% 5.95% 4.87% International Bonds 0% 11.18% 8.34% 5.94%

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:	Annual Statements, Newsletters, Investment & Insurance booklets, Numerous Fact Sheets: Salary Sacrifice, Gov't Co-Contribution, Transition to Retirement, and other publications and 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	$44.00
Management Cost - investment fee (% p.a.)	0.66% (Medium Growth option)
Management Cost - member fee ($ per week/ annum)	$1.15 per week
Switching fee	$22 (after 1st switch which is free)

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