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Fund profiles
| Sunsuper |
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| Principal Contact: |
Tony Lally Chief Executive Officer |
Telephone: |
13 11 84 |
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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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Founded in 1987 as an employer-sponsored fund, Sunsuper is one of the fastest growing funds in Australia. Sunsuper currently has more than one million members, over 66,000 participating employers, and as at 30 June 2008, managed more than $13.0 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.
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| Year of Establishment: |
1987 |
| Value of Funds: |
$13.0 billion |
| Key Features: |
- A choice of 29 investment options, including a range of diversified and single asset class options, from a range of leading investment managers
- Online transactions and financial education
- Competitive investment fees
- Customisable insurance options
- Defined benefit services
- Quality administration services including online services for employers to manage superannuation
- Expert client relationship managers to assist employers manage superannuation obligations
- Actuarial consulting services to help employers structure their superannuation
- Education seminars for employers arranged at your convenience
- Professional call centre
- Free member advice centre
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| Administrator: |
CSA Retirement Services Pty Limited |
| Auditor: |
Deloitte Touche Tohmatsu |
| Custodian: |
National Australia Bank Ltd |
| Asset Consultants: |
Sovereign Investment Research Pty Ltd Russell Investment Group Pty Ltd Mercer Human Resources Pty Ltd |
| Lawyer: |
Corrs Chambers Westgarth |
| INVESTMENT OPTIONS |
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Sunsuper Diversified Options
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| Sunsuper Conservative |
A diversified mixture of assets, with an emphasis on fixed interest and cah assets |
| Sunsuper Moderate |
A diversified mixture of assets |
| Sunsuper Balanced |
A diversified mixture of assets, with an emphasis on Australian shares and international shares |
| Sunsuper Growth |
A diversified mixture of assets, with a significant emphasis on Australian shares and international shares |
| Sunsuper All Shares |
A mixture of Australian and international shares |
|
Sunsuper Single Asset Options
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| Sunsuper Australian Shares |
Australian shares |
| Sunsuper International Shares - unhedged |
International shares |
| Sunsuper International Shares - hedged |
International shares |
| Sunsuper Fixed Interest |
Fixed interest |
| Sunsuper Capital Guaranteed |
A mixture of cash deposits with Aurthorised Deposit-taking Institutions (ADIs) and investments in capital guaranteed superannuation products |
| Sunsuper Property |
Australian and international property |
| DIVERSIFIED OPTIONS - SUNSUPER |
Performance to 30 June 2008 (%) |
|
1 Year (% p.a.) |
3 Year (% p.a.) |
5 Year (% p.a.) |
|
Conservative Net return |
0.5% |
6.2% |
7.4% |
|
Moderate Net return |
-2.6% |
7.1% |
8.5% |
|
Balanced Net return |
-5.1% |
7.8% |
10.2% |
|
Growth Net return |
-8.4% |
8.6% |
11.3% |
|
All Shares Net return |
-15.0% |
6.4% |
9.9% |
| SINGLE ASSET CLASS OPTIONS - SUNSUPER |
Performance to 30 June 2008 (%) |
|
1 Year (% p.a.) |
3 Year (% p.a.) |
5 Year (% p.a.) |
|
Australian Shares Net return |
-11.3% |
10.3% |
15.3% |
|
International Shares - unhedged Net return |
-18.1% |
2.0% |
4.4% |
|
International Shares - hedged Net return |
-13.7% |
n/a |
n/a |
|
Australian Fixed Interest Net return |
6.3% |
4.7% |
6.1% |
|
International Fixed Interest Net return |
13.4% |
n/a |
n/a |
|
Capital Guaranteed Net return |
4.7% |
8.6% |
7.9% |
Assumptions and notes Net return is after investment fees and tax. Past performance is not reliable indication of future performance Financial year to date is the period from 1 July These returns do not apply to the Sunsuper Pension options
| Insurance available: |
Death, Death/TPD, Income Protection. |
| Extra benefits: |
Financial planning, 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, member education programs, eNews. |
| FEES |
| Contribution fee |
Nil |
| Withdrawal fee |
$40.00 |
Management cost - ongoing fee (% p.a.) |
Nil |
Management cost - investment fee base fee (% p.a.) |
0.15% to 1.00% |
Management cost - investment fee performance fee (% p.a.) |
0.00% to 1.5% |
| Management cost -member fee |
$52.00 pa |
| Management cost - administration fee |
0.05% pa of account balance |
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