IOOF Pursuit Focus Personal Super Review
Returns to May 31 2021
|Investment Option||1 Year||3 Year||5 Year|
|IOOF MultiMix Conservative Trust*||7.66%||5.49%||5.42%|
|IOOF MultiMix Conservative Trust* VS Median||0.16%||0.89%||0.82%|
|IOOF MultiMix Balanced Growth Trust*||16.26%||8.99%||8.94%|
|IOOF MultiMix Balanced Growth Trust* VS Median||3.86%||2.89%||2.64%|
|IOOF MultiMix Growth Trust*||19.9%||10.01%||10.13%|
|IOOF MultiMix Growth Trust* VS Median||2.80%||2.31%||1.93%|
|Investment Option||Flat Fee||Percentage Based Fee||Fee Based on 50k|
|IOOF MultiMix Conservative Trust*||117||1.12%||$677|
|IOOF MultiMix Balanced Growth Trust*||117||1.37%||$802|
|IOOF MultiMix Growth Trust*||117||1.42%||$827|
|IOOF Pursuit Focus Personal Super||-||-||-|
IOOF Pursuit Focus Personal Super has received a 70/100 insurance rating by Omnilife. To compare insurers that can be funded through super please click below.
ABN: 70 815 369 818
Address: GPO Box 264 Melbourne VIC 3001
IOOF, which stands for the Independent Order of Odd Fellows, was founded in 1846.
In October 2021, IOOF announced it’s rebrand to Insignia Financial.
IOOF Pursuit Focus Personal Super’s IOOF MultiMix Balanced Growth Trust investment option performance over 5 years was above the median fund and the fees are above the median for funds on Review My Super for a balanced/MySuper risk profile.
IOOF Pursuit Focus Personal Super offers life, TPD and income protection insurance. You can see their overall insurance rating to the left.
When Reviewing Super funds like IOOF Pursuit Focus Personal Super it’s a good idea to learn more about choosing a super fund. Consider the following:
Firstly, are you invested in the right risk profile? This is essentially the amount of risk you’re willing to take to achieve your desired investment return. High Growth investments will achieve the highest returns over the long run, and also carry the highest risk of loss in any one year.
Secondly, what to do about the insurance in your super? Most funds will come with a default amount of insurance cover for instance. For some people this will be very insufficient and for others it will be too much, for example. Therefore, tailoring your cover to your own circumstances is key.
Thirdly, what are the different ways you can contribute to super? Understanding contributions like salary sacrifice and the government co-contribution can help you make the most of your super.
Fourthly, and most importantly, make sure you review IOOF Pursuit Focus Personal Super against other super funds under the ‘Fund Profiles’ tab and check out the top super funds, to see who the leaders are.
In addition, If you would like to speak to someone for some guidance when reviewing your super, then please fill in the ‘Speak To An Advisor’ form above and an advisor will be in touch to see how they can assist you.
In conclusion, understanding the key elements of super, conducting the appropriate research and seeking the best advice will help with choosing the best fund.