Money Magazine Award 2021

Thursday, 3 December 2020

Rest’s low-fee Balanced Indexed investment option wins back-to-back Best of the Best awards

Superannuation fund Rest has once again been recognised with a prestigious Money magazine Best of the Best Award 2021 for its ‘Balanced – Indexed’ investment option, a passively managed index option with $0 investment-management fees.

Balanced – Indexed was named Money magazine’s ‘Best Value Balanced Super Product 2021’ in the Best of the Best awards. It was the second consecutive year the option has won a Best of the Best award.

Balanced – Indexed is one of Rest’s three index investment options, launched in late 2018, and designed to follow a combination of Australian shares, overseas shares, bonds and cash indices. The option has 0 per cent, per annum investment-management fees, performance-related fees and indirect costs.*

Rest’s Chief Executive Officer, Vicki Doyle, said: “We are committed to helping our members achieve their personal-best retirement by providing strong long-term returns, flexible options and low fees. To win back-to-back Best of the Best awards is testament to the value and flexibility we offer to our members.

“Our range of index investment options are designed for members looking to add a low-fee option to their portfolio. This allows you to select an option that best suits your needs. They complement Rest’s range of actively managed options, including the default Core Strategy option, which includes investments in property and infrastructure."

The fund also has two other index options with $0 investment-management fees, Australian Shares – Indexed and Overseas Shares – Indexed.

For more information about our investment options, go to Rest’s website at rest.com.au/indexed-investment-options or speak to a Rest Adviser to discuss your investment options.

* Rest’s administration fee of $1.50 per week and asset-based fee of 0.12 per cent of a member’s account balance per annum still apply. The asset-based fee is capped at $300 per annum. A buy spread still applies. Members with insurance will pay premiums.