AustSafe Super

Overview

At AustSafe Super, we know our members work hard for their money, which is why we work hard for them. Since 1988, we've been the industry super fund for rural and regional Australia and have a history of strong long-term investment performance1.

Our team of Regional Managers live and work in rural and regional areas and understand the needs of our members and employers. We look after more than 103,0002 members and over 20,000 employers2 and are working hard for our valued members and employers every day.

SPIN

ASF0001AU

Year Established

1988

Fund Value

$2.4 billion

Fund Membership

103,000

Key Features

  • History of strong long-term performance1
  • Award-winning fund - named Money Magazine's Best Growth Super Fund in their 2018 Best of the Best Awards, received three Gold ratings by SuperRatings in 2017/18 for our Super, Pension and MySuper products, and awarded the 2017/18 Heron Partnership 5 Quality Star rating for our Superannuation product and Top Ten MySuper product
  • Dedicated Customer Service Centre based in Australia, available Monday to Friday from 8am-6pm (AEST) for members and employers
  • Mobile App that allows you to manage your super anywhere, anytime
  • Join in minutes with our easy online tool
  • No entry fees
  • Profit for member fund, with all profits reinvested to benefit members
  • A range of online tools available to help members and employers, including MemberOnline, PensionOnline, EmployerOnline and QuickSuper (SuperStream) portals, a range of videos, fact sheets and calculators
  • Regional Managers available to visit members or employers and assist them with their super
  • Face-to-face seminars and workplace meetings for members and employers to keep up-to-date on all things super
  • Choose how your super is invested from nine investment options, with the advantage of switching between options at no cost
  • Access to an AustSafe Super Financial Planner3 is available to members to provide assistance on a range of financial matters based on their individual situation
  • Insurance when it counts - eligible members receive Death and Total & Permanent Disablement insurance cover (on an opt-out basis) and optional Income Protection cover

1 Past performance is not a reliable indicator of future performance. SuperRatings Fund Crediting Rate Survey - Balanced (60-76 Index) result above median on rolling 10 year return for AustSafe Super - MySuper (Balanced) - 30 September 2017.
2 As at 31 December 2017.

3 Austsafe Pty Ltd ABN 96 010 528 597 AFSL 314183 RSE License L0002035 has engaged Industry Fund Services Limited (IFS) ABN 54 007 016 195 AFSL No 232514 to facilitate the provision of financial advice to members of AustSafe Super. Advice is provided by one of our financial planners who are Representatives of IFS. Fees may apply. Further information about cost of advice is set out in the relevant Financial Services Guide, a copy of which is available at austsafe.com.au or by calling 1300 131 293. IFS is responsible for any advice given to you by its Representatives. Any reference made to an AustSafe Super Financial Planner refers to the IFS service. 

Investment Option Descriptions

Investment Option Names Description
Ready-Made Options
MySuper (Balanced) Aims to provide diversification across a range of asset classes with a balance of risk and return. Aims to
exceed inflation (measured by CPI) by at least 3% averaged over rolling 10 year periods after tax and fees.
Super Growth Invests mostly in growth assets allowing members to maximise returns in the longer term. Aims to exceed
inflation (measured by CPI) by at least 5% averaged over rolling 10 year periods after tax and fees.
Capital Stable Has a conservative strategy which aims to provide moderate returns. Aims to exceed inflation
(measured by CPI) by at least 2% averaged over rolling 10 year periods after tax and fees.
CRF Capital Stable Has a conservative investment strategy which expects stable, but moderate returns. Aims to exceed
inflation (measured by CPI) by at least 2% averaged over rolling 10 year periods after tax and fees.
Single Asset Class Options
Australian Equities Invests only in Australian shares and is expected to experience a moderate to high level of volatility.Aims to achieve a return after tax and fees that exceeds the S&P/ASX 300 Accumulation Index over rolling 3 year periods.
International Equities Invests only in shares outside Australia and may experience a moderate to high level of volatility. Aims to achieve a return after tax and fees that exceeds 50% MSCI All Country World ex-Australia Index and 50% MSCI All Country World ex-Australia (hedged) over rolling 3 year periods
Property Invests only in property, directly and through property trusts, and is expected to experience a moderate to high level of volatility. Aims to achieve a return after tax and fees that exceeds the Mercer Australian Unlisted Property Index over rolling 3 year periods.
Fixed Interest Invests solely in fixed interest instruments such as Government and corporate bonds and bank loans. It has a lower risk than shares or property but can provide a higher long-term return than cash. Aims to achieve a return after tax and fees that exceeds 50% UBS Composite Bond Index (total) and 50% Citigroup GS Bond Index (hedged) over rolling 3 year periods.
Cash Invests in cash only and is generally a secure investment with a very low risk profile. Aims to achieve consistent stable returns with low volatility. Earnings should exceed the Bloomberg Ausbond Bond Bank Bill Index over rolling annual periods after tax and fees.

Investment Option Performance

Performance to 31 December 2017

Investment Perfomance Growth Asset Weighting 1 year 3 years (pa) 5 years (pa)
MySuper (Balanced) Defensive 29% Growth 71% 13.48% 8.87% 10.64%
Super Growth Defensive 9% Growth 91% 16.23% 10.66% 12.78%
Capital Stable Defensive 67.4% Growth 32.6% 8.52% 5.89% 6.61%
CRF Capital Stable Defensive 62.7% Growth 37.5% 9.82% 7.00% -
Australian Equities Defensive 0% Growth 100% 15.67% 11.65% 11.44%
International Equities Defensive 0% Growth 100% 18.98% 10.28% 15.38%
Property Defensive 0% Growth 100% 26.17% 15.87% 11.71%
Fixed Interest Defensive 100% Growth 0% 4.47% 3.10% 4.16%
Cash Defensive 100% Growth 0% 2.13% 2.25% 2.59%

Customer Service Team: Customer Service team are available nationally to support members and employers Monday to Friday, 8am - 6pm(Eastern Standard Time).

Insurance Options Available

Death, Death and TPD, Income Protection.

Extra Benefits Available

Access to tailored financial advice from an AustSafe Super Financial Planner(3), Mobile App allowing members to manage their super anytime and anywhere, secure online member portal access 24/7 through MemberOnline and PensionOnline, regional educational seminars and workplace meetings, access to online articles and resources through national mental health foundation (SuperFriend), insurance tele-claims service, unlimited switching between investment options online at no cost.

Member Communications

Annual educational seminars, member newsletters, informational guides (including super, investment, insurance and financial services guide), communication updates announcing regulatory super changes, online and print annual statements, investment performance data updated weekly on AustSafe Super website, online financial literacy program (MoneyTree), online tools including SuperMatch (helping members to search and consolidate their lost super), calculators, educational videos, forms, fact sheets and brochures.

Employer Services

Authorised MySuper fund, dedicated local Regional Managers available to visit workplaces and conduct face-to-face meetings, secure and flexible payment options through EmployerOnline and QuickSuper, employer newsletter, Employer Guide (providing helpful information for employers to ensure they meet their requirements) communication updates announcing regulatory super changes, forms, fact sheets and brochures.

Fees & Charges

Fees
Establishment fee Nil
Contribution fee Nil
Withdrawal fee $55 (deducted from your account balance)
Termination fee $55
Admin fee - ongoing fee (% p.a.) $2.30 per week plus 0.15% p.a. of the first $500,000 of your account.

Service Providers

Service Providers
Administrator Australian Administration Services (AAS)
Asset Consultants JANA Investment Advisers Pty Ltd
Auditor BDO Audit (QLD) Pty ltd
Custodian National Asset Servicing (National Australia Bank Limited)
Insurers CommInsure
Lawyer Corrs Chambers Westgarth
FUND VALUE
$2.4 billion
Member Telephone
1300 131 293
Employer Telephone
1300 131 293
Member Fax
1300 882 138
Address
GPO Box 3113, Brisbane QLD 4001
Member Email
info@austsafe.com.au
Employer Email
info@austsafe.com.au
Website
austsafe.com.au
Link to something kJgxID12