The total annual investment cost for each investment option comprises:
• an investment fee (including performance-related fees)
• its indirect cost ratio.
The amount of investment fees, performance-related fees and indirect cost ratio will change from year to year.

As a guide, the table below shows estimates of these fees and costs based on information for the 12 months ending 30 June 2019.

The investments costs shown below are for the Rest Pension Retirement account.

Investment option
Estimated investment fees (including performance-related fees) (pa)
Estimated performance related fees (pa)
Estimated indirect cost ratio (pa)
(A) + (C)
Total estimated investment cost (pa)
Core Strategy 0.60% 0.09% 0.07% 0.67%
Capital Stable 0.39% 0.05% 0.09% 0.48%
Balanced 0.49% 0.07% 0.09% 0.58%
Balanced - Indexed 0.00% 0.00% 0.00% 0.00%
Diversified 0.59% 0.09% 0.08% 0.67%
High Growth 0.67% 0.10% 0.07% 0.74%
Basic Cash 0.08% 0.00% 0.00% 0.08%
Cash 0.02% 0.00% 0.00% 0.02%
Bonds 0.17% 0.00% 0.03% 0.20%
Shares 0.58% 0.02% 0.00% 0.58%
Property 0.90% 0.40% 0.30% 1.20%
Australian shares 0.59% 0.03% 0.00% 0.59%
Australian shares - Indexed 0.00% 0.00% 0.00% 0.00%
Overseas shares 0.57% 0.01% 0.00% 0.57%
Overseas shares - Indexed 0.00% 0.00% 0.00% 0.00%

Investment fees
The investment fees shown above are deducted from the assets of the relevant investment options before the unit price is determined. The investment fee is expressed as an annual percentage of each investment option.
For each investment option, the investment fees (including performance-related fees) listed above are estimates only and are based on the financial year ended 30 June 2019. The actual investment fee applied may differ (ie higher or lower) from the estimated fees and may change without prior notice.
Where a tax deduction is available for investment fees and expenses the benefit is passed onto members through lower taxation and reduced investment fees. Your annual statement will disclose the investment fees (including performance-related fees) that have been applied to your investment for the year.
Performance and performance-related fees
We do not charge a performance fee. This means that performance fees do not affect the investment fee or the administration fee. However, some investment options may indirectly incur performance-related fees. These are only incurred where investment managers outperform an agreed target return for their assigned investment portfolio within the investment option.
Performance-related fees for each investment manager may be calculated differently. However, they all have the following common elements:
•  only payable to a manager if they exceed a target level of return
• calculated and accrued regularly (where possible), and incorporated into the calculation of unit prices, and
• typically payable annually.
Performance-related fees affect all of Rest’s investment options, except for Basic Cash. The performance-related fee the investment managers receive and the target returns vary year to year. These performance-related fees are included in the
investment fee and so will result in the investment fee increasing or decreasing from time to time, are not an additional fee and do not affect the administration fee.
Indirect cost ratio
The indirect cost ratio varies and depends on the investment option you are invested in. Each investment option has an indirect cost ratio made up mainly of any indirect costs incurred by the underlying investment vehicles or investment managers. Indirect costs can include expenses such as transactional or operational costs and administrative costs. These are estimated costs based on the information provided to Rest and will vary from year to year depending on the composition of the underlying fees and costs associated with the investment.
For information about the fees and costs of your Rest investment, please read the Rest Pension Product Disclosure Statement.

This website is provided by Retail Employees Superannuation Pty Limited ABN 39 001 987 739, AFSL 24 0003 (Rest), trustee of Retail Employees Superannuation Trust ABN 62 653 671 394 (Fund), of which Rest Super, Rest Corporate, Rest Pension and Acumen are part. It contains general advice that has been prepared without taking account of your objectives, financial situation or needs. Before acting on the information or deciding whether to acquire or hold a product, consider its appropriateness and the relevant Product Disclosure Statement (PDS), which is available on this website. The cost of providing financial services is included in the fees in the Fund as disclosed in the relevant PDS. Rest and the Fund do not charge any additional fees or obtain any commissions for the advice provided. Rest’s employees are paid a salary and do not receive any commissions. They may receive a performance related bonus that takes into account the financial services provided. Super Investment Management Pty Limited (ABN 86 079 706 657, AFSL 240004), a wholly owned subsidiary company of Rest, manages some of the fund’s investments. Apart from this, Rest does not have any relationships or associations with any related body corporate or product issuer that might reasonably be expected to be capable of influencing Rest in providing financial services.

Rest personal advice is provided by Rest Advisers as authorised representatives of Link Advice Pty Ltd ABN 36 105 811 836 AFSL 258145

Awards and ratings are only one factor to consider when deciding how to invest your super. Further information regarding these awards can be found at Past performance is not an indicator of future performance. SuperRatings Pty Limited does not issue, sell, guarantee or underwrite this product. Go to for details of its ratings criteria. For further information about the methodology used by Chant West, see