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Fund profiles
| Sunsuper |
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| Principal Contact: |
Tony Lally Chief Executive Officer |
Telephone: |
13 11 84 |
|
Address: |
GPO Box 2924 Brisbane, QLD, 4001 |
Website:
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www.sunsuper.com.au
| |
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Overview:
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Established in 1987 as an independent, Australian, multi-industry superannuation fund, Sunsuper is one of the fastest growing funds in Australia. Sunsuper currently has more than one million members, over 68,000 participating employers, and as at 30 June 2010, managed more than $15.0 billion in funds. Sunsuper's track record has earned the fund the very highest awards from three independent research organisations. In fact, Sunsuper's returns, fees, services, administration, education and insurance have been recognized as among the best in the country. |
| Year of Establishment: |
1987 |
| Value of Funds: |
$15.0 billion |
| Key Features: |
- A 'profit for members' fund, which means we exist solely to produce the best benefit for our members and not for other people like shareholders
- A choice of 20 investment options, including a range of diversified and single asset class options covering all main asset classes
- Online transactions and financial education
- Competitive investment fees
- Professional call centre
- Financial advice over the phone through the Member Advice Centre
- Competitive insurance options including cover for death and total and permanent disability and income protection
- Range of highly competitive superannuation pension products designed to provide regular income streams for retirement
|
| Administrator: |
Sunsuper |
| Auditor: |
Deloitte Touche Tohmatsu |
| Custodian: |
National Australia Bank Ltd |
| Asset Consultants: |
Sovereign Investment Research Pty Ltd Mercer Human Resources Pty Ltd |
| Lawyer: |
Corrs Chambers Westgarth |
| INVESTMENT OPTIONS |
|
Sunsuper Diversified Options
|
|
| Conservative |
A diversified mixture of assets, with an emphasis on fixed interest and cash assets |
| Retirement |
A diversified mixture of assets, with an emphasis on Australian shares, fixed interest and alternative assets |
| Balanced |
A diversified mixture of assets, with an emphasis on Australian shares and international shares |
| Growth |
A diversified mixture of assets, with a significant emphasis on Australian shares and international shares |
|
Sunsuper Single Asset Options
|
|
| Cash |
Cash |
| Capital Guaranteed |
A mixture of cash deposits with Authorised Deposit-taking Institutions (ADIs) and investment in capital guaranteed superannuation products |
| Fixed Interest |
Fixed interest |
| Australian Shares |
Australian Shares |
| International Shares - unhedged |
International shares |
| International Shares - hedged |
International shares |
| Shares |
A mixture of Australian and international shares |
| Property |
Australian and international property |
| SUNSUPER DIVERSIFIED OPTION |
Performance to 30 June 2010 (%) |
| |
1 Year (% p.a.) |
3 Year (% p.a.) |
5 Year (% p.a.) |
7 Year (% p.a.) |
|
Conservative |
7.6% |
2.6% |
5.2% |
6.3% |
| Retirement |
6.6% |
-0.8% |
4.2% |
6.1% |
|
Balanced |
9.0% |
-2.7% |
4.0% |
6.7% |
|
Growth |
8.1% |
-5.7% |
3.3% |
6.6% |
| SUNSUPER SINGLE ASSET OPTIONS |
Performance to 30 June 2010 (%) |
| |
1 Year (% p.a.) |
3 Year (% p.a.) |
5 Year (% p.a.) |
7 Year (% p.a.) |
| Cash |
3.7% |
4.8% |
5.0% |
4.9% |
|
Capital Guaranteed |
3.0% |
3.3% |
6.2% |
6.4% | < TR>
|
Fixed Interest |
14.8% |
9.9% |
7.5% |
7.7% | < TR>
|
Australian Shares |
12.4% |
-5.0% |
5.3% |
10.2% | < TR>
|
International Shares (unhedged) |
3.3% |
-11.3% |
-2.0% |
0.8% | < TR>
|
International Shares (hedged) |
11.0% |
-12.4% |
n/a |
n/a | < TR>
|
Shares |
10.0% |
-7.6% |
2.3% |
5.8% | < TR>
|
Property |
11.5% |
-10.3% |
n/a |
n/a | < TR>
Assumptions and notes Net return is after investment fees and tax but before the asset based administration fee of 0.05% p.a. which became effective from 1 July 2008. Past performance is not reliable indication of future performance These returns do not apply to the Sunsuper Pension options
| Insurance available: |
Death only, Death and TPD, Income Protection. |
| Extra benefits: |
Financial planning, On-Track program, online retirement modeller, online account details and transactions, educational seminars, pension products, and access to discounted home loan products, credit cards and other general banking services through Members Equity Bank. |
| Communications: |
A raft of award-winning communications including educational seminars, member reports, employer and member booklets, fact sheets, publications and daily investment performance data available on website. |
| Employer services: |
Administration of accumulation, defined benefit and hybrid funds, online transactions, clearing house functionality, experienced Client Relationship Managers, dedicated call centre team, member education programs, eNews publication. |
| FEES |
| Contribution fee |
Nil |
| Withdrawal fee |
$40.00 per withdrawal |
Management cost - ongoing fee (% p.a.) |
Nil |
Management cost - investment fee (% p.a.) |
0.12% to 0.90% |
| Management cost -member fee |
$1 per week |
| Management cost - administration fee |
0.05% of account balance |
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