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| REST Personal |
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| Principal Contact: |
REST Personal Customer Service Centre |
Customer Service:
Head Office: |
1300 300 779
(02) 9086 6330 |
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Address: |
PO Box 350
Parramatta NSW 2124 |
Website: |
www.rest.com.au | |
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Overview:
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REST Personal has been looking after members' superannuation since 1999. Our key focus is on sound investment returns, low fees, excellent customer service and member education.
REST Personal is a division of REST Superannuation, one of Australia's largest multi-award winning, profit to members super funds, established since 1988.
As a REST Personal member we offer you solid performance, investment control and flexibility through a sensible range of investment options and fair competitive fees - a combination that means more money for you.
In addition we offer you flexible insurance and fee discounts for longer-term members on our pensions, personal financial planning on a non-commission basis, and access to discount health insurance.
When you join REST Personal, you join Super Ratings 5-year Platinum Performer 2008, Personal Investor Magazine's Industry Fund of the Year, 2003, 2005 and 2006, and Money Magazine's Best Superannuation Fund Manager 2005 and 2006. |
| Year of Establishment: |
1999 |
| Value of Funds: |
$472 Million |
| Key Features: |
- Fair and competitive fees
- Sensible range of investment options with consistently strong returns
- Flexible insurance including Death Only, Death and Total and Permanent Disablement and Income Protection
- Employer-sponsored division, 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 insurance
- Access to non-commission based financial planning
- Access to banking service
- Access to discount travel insurance
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| 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 |
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| 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.
There is no reserving in this category of investment options and 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, 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. |
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REST’s Superannuation returns to 30 June 2008 |
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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 |
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|
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. |
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| Insurance Available: |
Death, Death/TPD, Health, Income Protection. |
| Extra Benefits: |
Pension, Financial Planning, Financial Seminars, Online Account Details, Online Transactions, Retirement Planning. 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 website, 6 month employee reports, and quarterly newsletters.
Online statements and newsletter option available at no extra cost. |
| FEES |
| Contribution fee |
NIL |
| Withdrawal fee |
NIL (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) |
$1.15 per week |
| Management Cost - investment fee (% p.a) |
As at 30 June 2007, 0.08% to 1.09% depending on your chosen investment option. The fees include Performance fees of up to 0.57% |
| Switching fee |
First 4 switches per financial year are free, thereafter $20 per switch |
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