A fee to cover the cost of running the Fund on a day-to-day basis. This is a flat fee deducted from your super or pension account.

The apportionment of an investment portfolio among different asset classes (shares, fixed interest, property, cash etc).

A broadly defined category of financial assets, e.g. Australian shares, overseas shares, property, fixed interest, cash etc.

ASIC is Australia’s corporate, markets and financial services regulator.

A Commonwealth agency responsible for the prudential regulation of banks, life insurance companies, general insurance companies and superannuation funds.

Represent partial ownership of companies listed on the Australian Stock Exchange.

Superannuation entitlements which are determined by a Federal or State industrial award. In some cases these entitlements may provide entitlements to employees which are additional to the minimum requ [..]

An index or other market measurement which is used to assess the risk and performance of a portfolio. Beneficiary

The amount of money a member is entitled to receive from the Fund upon their retirement, death, disablement, or other circumstances specified in the Trust Deed. Binding Death Benefit Nomination

A method of making payments by phone directly from a bank, building society, credit union, or credit card account.