the Shape of Money logo about us newsletter contact us site map search legal
Home #

Super Funds


What else should you look at?

  • Can you make additional contributions to the fund, either by a regular savings programme and/or lump-sum payments?
  • Check the size of the fund. If you're comparing two or three trusts, ask why one fund is bigger than another. The bigger fund will at least offer greater economies of scale, and may also indicate a fund's popularity.
  • Because you're not making the investments directly, review the investment statement in order to fully understand what the fund is to be invested in. You may not be comfortable, for instance, in a fund invested in an industry responsible for clearing virgin forests for development.
  • Some funds will offer a "free-look" period. If you change your mind within a week or two you can cancel the whole deal and get your money back.

Information you could read

  • In the first instance, read the investment statement, which outlines the above information (and more) for that particular fund. Other useful documents include the prospectus, trust deeds and any other financial statements relating to the superannuation fund. These documents are not designed for selling or marketing, so they may be more difficult to get hold of and will certainly be more difficult to read and understand.
  • Some Rules for a Safe and Successful Investment

Other resources

In our savings and investments section there are a number of useful books you could consider buying or borrowing. Most of these include some information on investing in superannuation funds.

Review the media in our links page; in particular newspapers such as the National Business Review.