Personal Super Fund profiles
| Statewide Superannuation Trust |
 |
| Principal Contact: |
Ludwig Bachmayer
Distribution Manager |
Telephone:
Toll Free Telephone:
Facsimile: |
(08) 8217 8533
1300 65 18 65
(08) 8217 8595 |
|
Address: |
GPO Box 1749
Adelaide SA 5001 |
Website:
Email: |
www.statewide.com.au
info@statewide.com.au | |
Overview:
 |
Statewide is South Australia's largest private sector superannuation funds managing more than $2.0 billion of retirement savings on behalf of over 165,000 Members. Statewide is committed to providing a simple, low cost superannuation solution to help Members manage their financial needs throughout their working life and into retirement. As a profit-for-members industry fund our focus is on maximising Members' savings to help them achieve a financially secure retirement for a reasonable fee. Members can take advantage of a range of benefits including access to the Statewide Credit Union, health insurance and access to complimentary financial planning and member seminars. |
| Year of Establishment: |
1986 |
| Value of Funds: |
$2.0 Billion |
| Key Features: |
- 'Profit for members' Industry super fund that is open to everyone.
- Flat administration fee $1.50 per week and no commissions paid to advisers.
- Access to Account Based Pension product with a flat $5 per week administration fee upon retirement.
- No entry or exit fees.
- Complimentary financial planning service and member seminars for members.
- Health insurance with discounted premiums for Statewide members.
- A choice of 11 Investment Options, and to mix-and-match them to match them to your risk profile.
- Access to Statewide Credit Union providing an extensive range of insurance and banking services.
- Range of insurance options.
|
| Administrator: |
Management |
|
Auditor: |
Nelson Wheeler CHartered Accountants |
| Custodians: |
National Custodial Services
Statewide Financial Management Services |
| Asset Consultant: |
Access Capital Advisors |
| Lawyers: |
Deacons
Lynch Meyer
Thomson Playford Lawyers |
| INVESTMENT OPTIONS |
|
| Statewide Cash |
Aims to achieve returns after tax and fees that exceed CPI increases in each year. |
| Statewide Stable Growth |
Aims to achieve returns after tax and fees that exceed CPI increases plus 1.5% per annum on average over the long-term. |
| Statewide Growth (default option) |
Aims to achieve returns after tax and fees that exceed CPI increases plus 3% per annum on average over the long-term. |
| Statewide Aussie Choice |
Aims to achieve returns after tax and fees that exceed CPI increases plus 2.5% per annum on average over the long-term. |
| Statewide Shares |
Aims to achieve returns after tax and fees that exceed CPI increases plus 3.5% per annum on average over the long-term. |
| Statewide Socially Responsive |
Aims to achieve returns after tax and fees that exceed CPI increases plus 2.5% per annum on average over the long-term. |
| Statewide Bonds |
Aims to match returns from the UBS Australian Composite Bond Index. |
| Statewide Australian Equities |
Aims to moderately outperform the broad Australian listed equity market as measured by S&P/ASX300 Accumulation Index on an after tax and fees basis. |
| Statewide Overseas Equities |
Aims to moderately outperform the broad international listed equity market as measured by MSCI World ex-Australia Index with net dividends reinvested on an after tax and fees basis. |
| Statewide Indexed |
Aims to provide index returns on a balanced (70% growth, 30% defensive) asset mix. Investments are made in index products relevant to the asset class. |
| Statewide Target Return |
Aims to achieve after tax and fees returns that exceeds CPI increases plus 7% per annum on average over the long-term. |
Investment Performance
(crediting rates) |
Growth Asset Weighting |
Performance to 30 June 2007 |
|
|
1yr |
3yr |
5yr |
| Statewide Cash |
Nil |
5.09% |
4.63% |
4.59% |
| Statewide Stable Growth |
36% |
11.37% |
10.55% |
- |
| Statewide Growth (default option) |
77% |
17.47% |
14.68% |
11.19% |
| Statewide Aussie Choice |
55% |
18.86% |
16.49% |
- |
| Statewide Shares |
100% |
19.44% |
17.89% |
12.57% |
| Statewide Socially Responsive |
77% |
16.36% |
13.96% |
- |
| Statewide Bonds |
0% |
3.37% |
- |
- |
| Statewide Australian Equities |
100% |
28.65% |
- |
- |
| Statewide Oversead Equities |
100% |
7.89% |
- |
- |
| Statewide Indexed |
70% |
10.50% |
- |
- |
