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Club Plus Super: Investment options, performance and fees

Club Plus Super is a super fund for people working in licensed clubs, however anyone is welcome to join. It has 4 different investment options to choose between, including a MySuper product.

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Club Plus Super performance and fees

When joining the fund you'll be placed in the Club Plus MySuper option initially which is the default option, however you can switch to another investment option at any time.

1 - 6 of 6
Name Product Last 1 year performance (p.a.) Last 3 year performance (p.a.) Last 5 year performance (p.a.) Last 10 year performance (p.a.) Fees on $50k balance (p.a.)

Club Plus MySuper

Club Plus MySuper
+15.89%
+7%
+8.79%
+7.97%
$662

Club Plus International Shares

Club Plus International Shares
+28.79%
+12.79%
+14.44%
New Fund
$552
This is a high-risk investment option that aims to deliver higher returns over the long term.

Club Plus Australian Shares

Club Plus Australian Shares
+29.01%
+8.43%
+10.89%
+8.78%
$542
This is a high-risk investment option that aims to deliver higher returns over the long term.

Club Plus High Growth

Club Plus High Growth
+21.11%
+8.5%
+11.18%
+9.9%
$687
This is a high-risk investment option that aims to deliver higher returns over the long term.

Club Plus Growth

Club Plus Growth
+17.27%
+7.38%
+9.56%
+8.65%
$687
This is a high-risk investment option that aims to deliver higher returns over the long term.

Club Plus Conservative Balanced

Club Plus Conservative Balanced
+4.28%
+3.13%
+4.15%
+4.99%
$582
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The information in the table is based on data provided by Chant West Pty Ltd (AFSL 255320) which is itself supplied by third parties. While such information is believed to be accurate, Chant West does not accept responsibility for any inaccuracy in such information. Chant West’s Financial Services Guide is available at https://www.chantwest.com.au/financial-services-guide . Finder offers no guarantees or warranties about the data and we recommend that users make their own enquiries before relying on this information. Performance, fees and insurance data is based on each fund's default MySuper product. Where the performance, fees and insurance data for the MySuper fund vary according to the member's age, results for individuals between 40-49 years of age have been shown. Past performance is not a reliable indicator of future performance.

Key features of Club Plus Super

  • Designed for those working in the clubs sector. Club Plus Super is an industry fund originally crated for the employees of licensed social clubs, however it is now open to everyone to join.
  • Default insurance options. Eligible members will get default insurance cover when joining the fund with no medical exams.
  • MySuper product available. The Club Plus MySuper investment option is the default investment option for all members when joining the fund, unless you choose otherwise.
  • Pre-mixed investment options. Members can choose between a range of different pre-mixed investment options that each have a different risk level and asset allocation.
  • 100,000+ members. Club Plus Super has more than 100,000 members across Australia.

Club Plus managed investment options

Investment optionRisk levelTarget asset allocation
Conservative Balanced

This option has the lowest level of investment risk and invests largely in fixed interest and cash. It's designed for members looking to protect their balance, with some growth over the medium term.

Low to Medium
  • Growth: 35%
  • Defensive: 65%
MySuper / Balanced

This is the default investment option designed to suit most members. It's where you'll be invested if you don't make an investment preference. It has a focus on growth over the medium to long term, with around 25% allocation to defensive assets to reduce the risk of large market fluctuations.

Medium to High
  • Growth: 76%%
  • Defensive: 24%
Growth

This option provides more allocation to growth assets than the previous options, and may suit members looking for more exposure to shares. It's designed for members with a longer investment timeframe of at least 10 years, or members with a higher risk tolerance.

High
  • Growth: 86%
  • Defensive: 14%
High Growth

This option invests almost entirely in growth assets, with more than 70% of your balance invested in Australian and international shares. It's the most high-risk investment option available, and aims to achieve higher returns over the long term. It's designed for members seeking higher long-term growth.

High
  • Growth: 100%

Sector investment options

If you want more control over super, you can put together your own investment mix using one or more of the following individual sector options.

  • Australian Shares
  • International Shares
  • Cash

Club Plus Super default insurance cover

Eligible members will receive the following default insurance cover when joining:

  • Death: This cover provides a lump sum payment to your nominated beneficiaries in the event of your death.
  • Total and Permanent Disablement (TPD): This cover provides a lump sum payment to you in the event that you become permanently disabled.
  • Income Protection: This cover is paid out in the even you can't work and lose your income.

You'll get a default, basic level of cover for the above insurances, however you can apply to increase your level of cover at any time if you think it's the right choice for you. You can also opt out of all insurance cover all together.

How to join Club Plus Super

You can join online by completing the application form on Club Plus Super's website. The application form should take you around 10-20 minutes to complete, and you'll need to provide the following bits of information:

  • Your full name, date of birth and contact information
  • Your Australian residential address
  • Your phone number and email address
  • Your tax file number (TFN)
  • Your chosen investment option (if you want to invest in something other than the Balanced option) and insurance cover
  • Details of your existing super fund if you'd like to consolidate your super

Once your application has been completed successfully, you'll receive your membership details by email. You can then give these to your employer so they can start paying your superannuation guarantee payments into your new fund.

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2 Responses

  1. Default Gravatar
    pamelaAugust 24, 2016

    just wanting to know if i can draw on my super to buy a car

    • Avatarfinder Customer Care
      ElizabethAugust 29, 2016Staff

      Hi Pamela,

      You can only access your super early because of severe financial hardship or for compassionate reasons. For instance, you may be able to access your super early if you were severely disabled and needed to make modifications to your vehicle, but not to buy a new one.

      If you wish to learn more, please visit our guide about accessing your super.

      Thanks,

      Elizabeth

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