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July 2019

welcome to your latest member update!

Happy new financial year!
The returns in the previous quarter were sound and reflected an improvement over the first half of the 2018-19 financial year. Subsequently, we are very pleased to advise that overall returns for the year were positive and broadly in line with our objectives.
Your annual statement is being prepared to update you about your income stream, and you can expect to receive it during September. This is a great time to log into Member Online and check your contact details are current to ensure your statement reaches you safely.
Please take the time to read the notices below as there are some important changes to your account that you need to understand - starting with a fee reduction in August and online drawdown requests!
fees

--- REDUCED INVESTMENT FEES! ---
Effective 1 August 2019, all AvSuper accumulation and income stream members will have a reduction in fees for their investment options.
--- REQUEST AD HOC PAYMENTS ---
You can now log into member online to request extra payments from your income stream account. This means it will be quicker when you need some cash for repairs, a new car or to plan a special holiday!
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Businessman showing passport
--- SIMPLER ID CHECKS ---
To protect your money, we only release any super savings after verifying the correct person is making the request. As of 1 July, you can now provide certain details (eg passport or licence number) and authorise a check instead of arranging certified copies of ID. All relevant forms have been updated with these details for you.
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--- ELECTRONIC STATEMENTS ---
Did you know that you can choose to receive your annual statement, your annual report or both electronically? Save paper clutter and get an email notification instead.
You can let us know you want to swap to (or from) electronic versions on the contact details page of Member Online.
Either way, your previous statements are available at any time on Member Online (under the communications tab).

Help us keep in touch

The end of financial year means we are now preparing your annual statement.

Making sure you get and read your statement is an important part of monitoring your financial health, so please log into Member Online or call us to check your contact details are current and correct.


Investment returns (net of investment fees) to 30 June 2019

Option
5 year return
(annualised)
FYTD
Quarter
Growth
8.4%
7.0%
4.0%
Conservative Growth
4.9%
5.2%
2.2%
Stable Growth
6.3%
6.0%
2.9%
Balanced Growth*
-
6.4%
3.4%
Diversified Index*
-
-
-
High Growth
9.7%
7.2%
4.9%
Australian Shares
9.2%
6.7%
7.1%
International Shares
10.1%
6.6%
2.8%
Cash
2.2%
2.1%
0.5%
You can view our weekly returns online at any time.
Past performance may not be an indicator of future performance. Taxes generally do not apply for income stream accounts.
Your income stream will be invested in our Growth Options (for accounts opened prior to 1 July 2015) or Cash and Balanced Growth Options if you don’t make an investment choice.
* The Balanced Growth option was introduced on 1 July 2015 and the Diversified Index option was introduced on 1 July 2019.
The investment returns for the quarter and the financial year to date detailed above are real investment returns for the period shown, not annualised or ‘per annum’ returns which may differ from the numbers above.
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Contact us
p. 1300 128 751 e. avsinfo@avsuper.com.au web. www.avsuper.com.au
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