Source: www.selectingsuper.com.au, December 2005.
New low-cost entrants such as max Super and Virgin Superannuation also use indexing as their core approach (see Table 3 below).
super index funds |
|max Super (a)
||Barclays Global Investors Australia
||1300 883 629 |
||Macquarie Funds Management
||1300 855 040 |
Table 3 notes
(a) You can invest in the Living Large or Slow and Steady funds, which differ in the proportions of cash, Australian and international fixed interest, listed property, Australian and international share index funds they hold. Alternatively you can choose your own proportions of these asset classes in each of max Super’s Growth Assets or Income Assets funds.
(b) You can choose your preferred mix of index funds, which track the performance of cash, Australian and international fixed interest (bonds), listed property and Australian and international shares.
Source: CHOICE Money & Rights research based on Product Disclosure Statements available at January 2006.
This article last reviewed March 2006