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Fund profiles
| Pursuit Select Personal Superannuation |
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| Principal Contact: |
IOOF Client Services |
General Telephone:
Member Telephone:
Facsimile: |
13 13 69
1800 062 963
1800 558 539 |
|
Address: |
303 Collins Street
Melbourne VIC 3001 |
Website:
Email: |
www.ioof.com.au
clientservices@ioof.com.au | |
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Overview:
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Pursuit Select Personal Superannuation offers you a comprehensive investment vehicle to help you achieve your retirement savings goals. When you invest in Pursuit Select Personal Superannuation you gain access to over 90 managed funds.
With an administration fee that is capped at the $500,000 account balance, Pursuit Select Personal Superannuation caters for the retirement savings needs of the sophisticated investor. |
| Year of Establishment: |
1994 |
| Value of Funds: |
$2.89 billion (as at 31 March 2007) |
Key Features:
|
- Administration fees capped @ $3,150 p.a. for balances over $500,000;
- Up to four (4) eligible accounts can be aggregated together for the purposes of calculating the administration fee;
- A researched and carefully structured investment menu offers access to over 90 investment options across a broad range of asset classes;
- Flexible insurance options providing access to Death & TPD, Death Only and Salary Continuance cover (subject to underwriting);
- 24 hours per day, seven days a week access to detailed account information via our internet facility, Portfolio Online; and
- Flexible financial adviser remuneration options allowing for individual arrangements based on agreement between the investor and their adviser
|
| Administrator: |
IOOF Investment Management Limited |
| Auditor: |
PriceWaterhouseCoopers |
| Custodian: |
IOOF Investment Management Limited |
| Asset Consultants: |
IOOF Investment Management Limited |
| Insurer: |
Tower Life Limited |
| INVESTMENT OPTIONS |
|
| IOOF Multi Series Balanced Trust |
To provide capital growth over the medium to long term, by investing in a diversified portfolio of growth and defensive assets. |
| IOOF MIM Capital Enhanced Fund |
To provide a low risk investment over the short to medium term, by investing predominantly in growth assets. |
| IOOF MIM Conservative Growth Fund |
To achieve some capital growth over the medium term, by investing in defensive assets with some growth asset exposure. |
| IOOF MIM Balanced Growth Fund |
To achieve capital growth over the medium to longer term, by investing predominantly in growth assets with some defensive asset exposure. |
| IOOF MIM High Growth Fund |
To achieve capital growth over the longer term by investing predominantly in growth assets. |
| IOOF MIM Australian Liquids Fund |
To provide a low risk stable investment return over the short term by investing via one or more specialist cash managers. |
| IOOF MIM Australian Equities Fund |
To achieve capital growth over the long term by investing predominantly in Australian growth assets. |
| IOOF MIM Boutique Australian Equities Fund |
To achieve capital growth over the long term by investing via boutique Australian equities fund managers. |
| IOOF MIM International Equities Fund |
To achieve capital growth over the long term by investing via specialist international equities fund managers. |
| IOOF MIM Diversified Fixed Interest Fund |
To provide a medium risk investment return over the medium term. |
Investment Performance
(crediting rates) |
Growth Asset Weighting |
Performance to 30 June 2007 (%) |
| Investment Option Name |
|
1yr |
3yr |
5yr |
| IOOF Multi Series Balanced Trust |
70/30 |
N/A |
N/A |
N/A |
| IOOF MIM Capital Enhanced Fund |
10/90 |
8.81% |
7.93% |
7.01% |
| IOOF MIM Conservative Growth Fund |
35/65 |
10.70% |
10.20% |
8.54% |
| IOOF MIM Balanced Growth Fund |
70/30 |
17.51% |
15.87% |
12.60% |
| IOOF MIM High Growth Fund |
15/85 |
17.24% |
15.96% |
12.18% |
| IOOF MIM Australian Liquids Fund |
0/100 |
6.36% |
5.93% |
5.54% |
| IOOF MIM Australian Equities Fund |
100/0 |
27.35% |
25.76% |
19.30% |
| IOOF MIM Boutique Australian Equities Fund |
100/0 |
25.62% |
25.71% |
20.09% |
| IOOF MIM International Equities Fund |
100/0 |
6.92% |
8.30% |
4.42% |
| IOOF MIM Diversified Fixed Interest Fund |
0/100 |
4.70% |
5.52% |
6.46% |
| Insurance Available: |
Death, Death/TPD, Salary Continuance. |
| Extra Benefits: |
Online Account Details, Super Splitting. |
| Communications: |
Newsletters, Membership Booklets, Investment Booklets, Insurance Booklets, Regular Member Statements, Publications and Monthly investment performance available on website. |
| FEES |
| Management Cost - ongoing fee (% p.a.) |
Administration Fee
First $100,000 - 0.95% p.a.
Next $400,000 - 0.55% p.a.
Balance over $500,000 - nil |
| Management Cost - investment fee (% p.a.) |
Between 0.30% and 1.97% p.a. depending upon the investment option selected. |
| Additional Adviser Servicing fee |
Adviser Service Fee - upfront (optional)
Between 0% and 4.1% of each contribution made to your account
Adviser Service Fee - ongoing (optional)
Between 0% and 1.96% p.a., or up to $1,397.73 per month.
Adviser Service Fee - once-off (optional)
Up to a maximum of $9,318.18 per request. This fee can only be requested once in every 12 month period. |
Fee Discounts
If fee discounts are available for large value accounts, eg employer accounts exceeding say $20 million, please describe the nature of these discounts |
The balance of up to four accounts belonging to the investor and/or other immediate family members can be aggregated for the purpose of calculating the Administration Fee |
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