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(May-2003) Industry funds’ low charges
The latest KPMG Public Offer Superannuation Fund Index shows that industry funds charge the lowest administration fees compared to their retail counterparts, with Australian Primary Superannuation Fund emerging the cheapest, with a fee of just 0.18 per cent.
Runner up Retail Employees Superannuation Trust (REST) comes in at 0.20 per cent, and the Australian Retirement Fund (ARF), HESTA, Superannuation Trust of Australia and Sunsuper were ranked equal third with 0.26 per cent.
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
