Fund Profiles

Retail Employees Superannuation Trust (REST) Principal Contact: REST Customer Service Centre Customer Service: Head Office:  1300 300 778 (02) 9086 6330 Address: PO Box 350 Parramatta NSW 2124 Website: www.rest.com.au Overview: REST Superannuation has been looking after members' superannuation since 1988.  With over $14 billion in funds under management and 1.7 million members, REST is one of Australia's largest multi-award winning, profit to members super funds. REST offers you flexible administration, leading technology and efficient clearing house capabilities.  You'll also benefit from a highly responsive call centre and regular employer newsletters on super issues that affect your business. When you and your employees join REST, 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: 1988 Value of Funds: $14 billion Fund Classification: Open to all. Specialises in service industries including retail, fast food, hospitality and pharmacy employees. Public offer industry fund, Corporate fund, Master trust. Key Features: Fair and competitive fees Sensible range of investment options Flexible insurance including Death Only, Death and Total and Permanent Disablement and Income Protection Employer-sponsored division, Personal, Corporate and Pension Divisions for a lifetime of benefits Comprehensive and personalised communication, education and reporting including the option of online newsletters and statements Access to discount health and travel insurance Access to non commission based financial planning Access to banking services, Financial planning support available Administrator: Australian Administration Services Auditor: PricewaterhouseCoopers  Custodian: JP Morgan Asset Consultant: JANA Investment Advisers 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 REST offers members who 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, REST 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 weekly 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 rates) Growth Asset Weighting Performance to 30 September 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, health insurance, travel insurance and banking. Discount on the asset based fee for longer-term members who purchase a REST Pension when they retire. See the REST Pension PDS for more information. Member Communications: Membership, insurance and investment booklets; Publications and investment performance available on the website, and quarterly newsletters. Online statements and newsletter option available at no extra cost. 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 newsletters to keep you up to date with superannuation issues that affect your business. Dedicated Employer service centre available to help you manage your superannuation obligations (1300 305 775) FEES Contribution fee 5 cents per week Withdrawal fee Free or $25 (The first withdrawal or partial withdrawal is free, then $25 per withdrawal thereafter) Asset-based fee 0.1% pa of your account balance Insurance fee Variable, depending on the cover you choose Management Cost - member fee ($ per week / annum) 85 cents per week 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 << Back to Main Listings Page