Fund profiles

Acumen Principal Contact: Stephen Woods, General Manager Customer Service: Head Office: 1300 305 779 (02) 9086 6330  Address: Locked Bag 5037 Parramatta NSW 2124 Website: www.acumensuper.com.au Overview: Acumen is a full service, high quality fund specifically catering for corporate superannuation plans. Acumen is backed by REST, one of Australia's largest multi-award winning, profit to members super funds. Acumen offers you complete benefit design flexibilty dedicated to your fund, a highly responsive call centre and regular employer newsletters that keep you informed about super issues that affect your business. When you and your employees join Acumen, you join Super Ratings 5-year Platinum Performer 2008, Asset Magazine's Industry Fund of the Year 2006, Personal Investor Magazine's Industry Fund of the Year 2003, 2004 and 2005 and Money Magazine's Best Superannuation Fund Manager 2005 and 2006. Year of Establishment: 2002 Value of Funds: $380 million Fund Classification: Corporate Fund Master Trust, Industry Fund, Public Offer Industry Fund, Acumen can administer defined benefits. Key Features: Administration of accumulation, defined benefit and hybrid funds Sensible range of investment options with consistently strong returns Flexible insurance benefit design Policy committee support Comprehensive and personalised communication, education and reporting, including the option of online newsletters and statements Fair, competitive and transparent fees Successor fund transfers Personal division, and Pensions for a lifetime of benefits Financial planning support available Account management services Dedicated administration contact Ancillary Health Fund and travel insurance benefits Low cost banking service Administrator: Australian Administration Services Auditor: PricewaterhouseCoopers Custodian: JP Morgan Asset Consultant: JANA Investment Management Lawyers: DLA Phillips Fox Turks Legal Insurer: American International Group (AIG) Investment Options   Core Strategy 33% defensive, 67% growth. This is the default investment option. The Trustee actively manages this option. Structured Options Acumen offers members who are eligible and wish to make an investment selection the choice of structured asset allocations in five portfolios with a broad range of investment strategies. These options are multi-manager portfolios. In this way, Acumen minimises "manager risk" for members by diversifying each investment portfolio across a range of investment managers. All options are rebalanced to the specified asset allocation on a monthly basis. Cash Plus 100% defensive Capital Stable 65% defensive, 35% growth Balanced 45% defensive, 55% growth Diversified 20% defensive, 80% growth High Growth 5% defensive, 95% growth Member-tailored options Six Member-tailored options including Cash, Bonds, Property, Tailored Shares, Australian shares and Overseas shares for those who want to personalise their portfolio. These can also be mixed in any combination and proportion to create a fully customised investment option. REST's Superannuation returns to 30 June 2008     Fund Investment Option   FYTD return 1 Year return (crediting rate)* % 3 year return (crediting rate)* % pa 5 year return (crediting rate)* % pa Core Strategy -4.03% (-3.95%) -4.03% (-3.95%) 7.97% (8.40%) 9.91% (10.18%) Investment Performance (crediting rate) Growth Asset Weighting Performance to 30 June 2008   1yr 3yr 5yr Cash Plus 0% 4.90% 5.23% 5.09% Capital Stable 35% 0.38% 6.04% 6.86% Balanced 55% -2.93% 6.84% 8.38% Diversified 80% -6.02% 8.14% 10.51% High Growth 95% -8.15% 8.73% 11.46% Cash 0% 5.00% 5.38% 5.17% Bonds 0% 3.95% 3.81% 4.31% Shares 100% -14.08% 7.91% 12.70% Property 100% 13.52% 13.85% 11.01% Australian Shares 100% -13.14% 11.69% 16.42% Overseas Shares 100% -15.59% 3.73% 6.98% * The figures in brackets are the crediting rates, the actual rate credited to members. This may be different from the earnings rate of the fund.   Insurance Available:   Death, Death/TPD, Income Protection. Extra Benefits: Pensions, Financial Planning, Financial Seminars, Online Account Details, Online Transactions, Retirement Planning. Clearinghouse Services, Financial Planning, Account Management, Policy Committee Support, REST Personal division available for automatic transfer of assets when members leave their employer maintaining investment options and insurance benefits, health insurance, travel insurance and banking. Member Communications: Membership, insurance and investment booklets; Publications and investment performance available on website, 6 month employee reports, regular employer reports and quarterly newsletters. Acumen also offers online annual statements, and comprehensive education seminars presented by trained presenters. Employer Services: Online transactions with a capability to link with your existing payroll system. Clearinghouse services. Employee workplace seminars and visits. Regular employer reports to keep you up to date with superannuation issues that affect your business. FEES Contribution fee Nil (where contributions are paid electronically) Withdrawal fee Nil (the first withdrawal or partial withdrawal is free, then $25 per withdrawal thereafter) Termination fee Nil (unless successor fund transfer) Asset-based fee Accumulation Plans: 0.50% first $500K of plan assets 0.20% next $2 million 0.10% thereafter Defined Benefit Plans on application Insurance fee Nil (up to $0.25 per member per week for non-standard insurer) Management Cost - member fee ($ per week / annum) $1.25 per member per week for straight forward accumulation plans. Up to $1.50 per member per week for complex or defined benefit plans Management Cost - investment fee (% p.a.) As at 30 June 2007, 0.08% to 1.09% depending on your chosen investment option. This fee includes performance fees of up to 0.57% Switching fee First 4 switches per financial year are free, thereafter $20 per switch Fee Discounts Individually negotiated << Back to Main Listings Page