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Sunsuper
Principal Contact: Tony Lally
Chief Executive Officer
Telephone: 13 11 84

Address:

GPO Box 2924
Brisbane, QLD, 4001

Website:
www.sunsuper.com.au

Overview:

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%

Fixed Interest

14.8% 9.9% 7.5% 7.7%

Australian Shares

12.4% -5.0% 5.3% 10.2%

International Shares (unhedged)

3.3% -11.3% -2.0% 0.8%

International Shares (hedged)

11.0% -12.4% n/a n/a

Shares

10.0% -7.6% 2.3% 5.8%

Property

11.5% -10.3% n/a n/a

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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