Intrust Super is an Australian superannuation fund that offers different types of investment options to its members. These options range from low-risk to high-risk, and each option has its own unique set of features and benefits. The type of fund that is right for you will depend on your individual circumstances and financial goals. If you are unsure about which type of fund is right for you, you should speak to a financial adviser.
Features of Industry Super Funds
Industry super funds, like Intrust Super, are superannuation funds that are owned and operated by industry groups or unions. They offer a range of benefits to members, including:
- Low fees and charges
- Strong investment returns
- Comprehensive insurance cover
- Tailored advice and support
Industry super funds are typically open to all employees in a particular industry, regardless of their employer. They are also typically not-for-profit, meaning that any profits generated are used to benefit members.
Intrust Super is one of Australia’s largest industry super funds, with over $25 billion in funds under management. It is owned by the Australian Manufacturing Workers’ Union (AMWU) and is open to all workers in the manufacturing industry.
Intrust Super offers a range of investment options to suit different risk appetites and time horizons. It also offers a comprehensive range of insurance cover, including death, disability, and income protection insurance.
If you are employed in the manufacturing industry, Intrust Super is a great option for your superannuation needs.
Intrust Super’s Investment Options
Intrust Super offers a range of investment options to suit different needs and risk appetites. These options include:
- MySuper: A default investment option that is designed to provide a balanced approach to investing. It is diversified across a range of asset classes, including Australian and international shares, property, and fixed income.
- ChoicePlus: A range of investment options that allow members to choose their own asset allocation. This option provides more flexibility and control over investments.
- Lifecycle: A series of investment options that are designed to automatically adjust the asset allocation based on a member’s age and risk appetite. This option is designed to provide a more hands-off approach to investing.
In addition to these investment options, Intrust Super also offers a range of tailored investment solutions, such as:
- Ethical investment options: These options are designed to invest in companies that meet certain ethical and environmental criteria.
- Index funds: These funds track the performance of a specific market index, such as the S&P/ASX 200.
| Investment Option | Risk Level |
|---|---|
| MySuper | Moderate |
| ChoicePlus | Varies |
| Lifecycle | Varies |
Intrust Super Membership Benefits
Intrust Super is an industry super fund that provides retirement savings and investment services to its members. As a member of Intrust Super, you can enjoy a range of benefits, including:
- Low fees: Intrust Super has some of the lowest fees in the industry, which can save you thousands of dollars over the life of your membership.
- Strong investment performance: Intrust Super has a long track record of strong investment performance, which means your savings have the potential to grow over time.
- Access to a range of investment options: Intrust Super offers a range of investment options to suit your individual needs and risk tolerance.
- Personal financial advice: Intrust Super offers personal financial advice to help you make informed decisions about your retirement savings.
- Insurance cover: Intrust Super provides insurance cover to protect you and your family in the event of death or disability.
In addition to these benefits, Intrust Super also offers a range of other services, such as:
- Online account access: You can access your account online 24/7 to check your balance, view your investment performance, and make changes to your account.
- Mobile app: Intrust Super has a mobile app that allows you to manage your account on the go.
- Member education: Intrust Super offers a range of member education resources to help you understand your retirement savings and make informed decisions.
If you are looking for a low-cost, high-performing industry super fund, then Intrust Super is a great option for you. To learn more about Intrust Super and its benefits, visit their website or call them on 1300 000 458.
| Benefit | Description |
|---|---|
| Low fees | Intrust Super has some of the lowest fees in the industry, which can save you thousands of dollars over the life of your membership. |
| Strong investment performance | Intrust Super has a long track record of strong investment performance, which means your savings have the potential to grow over time. |
| Access to a range of investment options | Intrust Super offers a range of investment options to suit your individual needs and risk tolerance. |
| Personal financial advice | Intrust Super offers personal financial advice to help you make informed decisions about your retirement savings. |
| Insurance cover | Intrust Super provides insurance cover to protect you and your family in the event of death or disability. |
Comparison of Industry Super Funds
Industry super funds are a type of superannuation fund that is owned and operated by unions and employer groups. They are not-for-profit organisations that aim to provide their members with a competitive return on their investment, as well as a range of other benefits such as insurance and financial advice.
There are a number of industry super funds in Australia, each of which has its own unique set of features and benefits. Some of the most popular industry super funds include:
- AustralianSuper
- Aware Super
- Cbus
- Hostplus
- Intrust Super
When choosing an industry super fund, it is important to compare the different funds and select the one that best meets your individual needs. Some of the factors you may want to consider include:
- Investment performance
- Fees and charges
- Insurance cover
- Financial advice
- Customer service
The following table compares the investment performance, fees and charges, and insurance cover of the five industry super funds listed above:
| Fund | Investment performance (5-year average) | Fees and charges | Insurance cover |
|---|---|---|---|
| AustralianSuper | 8.5% | 0.75% | Comprehensive |
| Aware Super | 8.2% | 0.80% | Comprehensive |
| Cbus | 8.1% | 0.70% | Comprehensive |
| Hostplus | 8.0% | 0.65% | Comprehensive |
| Intrust Super | 7.9% | 0.60% | Comprehensive |
As you can see from the table, there is very little difference between the investment performance, fees and charges, and insurance cover of the five industry super funds listed above. Ultimately, the best fund for you will depend on your individual needs and preferences.
Well, there you have it, folks! Intrust Super – a diverse fund with options for most. Whether you’re starting your savings journey or fine-tuning your investment strategy, Intrust Super has something for you. Thanks for sticking with me. Remember to bookmark this page and check back for updates as Intrust Super continues to evolve. Until then, keep saving, investing, and dreaming big!