PRIME Product Disclosure Statement
smartMonday PRIME offers multiple investment options for you to choose when fine-tuning your investment portfolio. PLUS, with PRIME you get the Aon MySuper option which employs our ‘Lifecycle’ investment approach; it automatically adjusts the investment mix as you progress through your working week – gradually reducing your exposure to risk as you approach your big weekend.
These are the standard fees1. The fees that apply under the arrangement we have with your employer may be different. Login to see
| Investment2 | 0.24% p.a. – 0.97% p.a. depending on the investment options you choose |
| Administration3 | 0.44% p.a. (A portfolio rebate applies for account balances over $250,000) |
| Membership4 | $72 p.a. ($6 per month) |
Monitor and manage it – easily
You can easily track your savings progress and see all your account details on your Personal Home Page. You can manage your investment mix online, transferring part or all of your balance between investment options whenever and as often as you like.
Be protected – with our built-in safety net
Insurance cover is automatically provided to eligible members for Death, Total & Permanent Disablement, and Income Protection.
And with smartMonday, it’s super easy to increase your cover, change it or cancel it.5
1 Other fees and costs may apply, refer to the smartMonday PRIME Product Disclosure Statement for further information.
2 These fees are not deducted directly from your account. The investment fee is included in the unit price of each investment option and reduces your investment return.
3 Deducted monthly directly from your account. You may be eligible for a reduction in the asset administration fee depending on the size of your employer’s plan. Any reduction in the asset administration fee will cease with effect from the date you leave your employer, and will revert to the standard rate of 0.44% p.a.
4 This is a dollar-based administration fee that is deducted monthly from your account. If you have more than one account, this fee is deducted from each account. It is indexed annually each 1 July in line with inflation as measured by the change in the Average Weekly Ordinary Time Earnings (AWOTE) index.
5 Before making a decision about insurance you should consider whether it suits your financial circumstances and needs, and where appropriate, you may wish to seek financial advice.
