NAB Staff MySuper product
The information on this page will provide you with an overview of the NAB Staff MySuper product including fees and investment performance.
What's MySuper?
Overview
If you’re a new or existing member and you haven’t made an investment choice, your money will be invested in the NAB Staff MySuper product.
NAB Staff MySuper is the default option for members who don’t choose where to invest their super. Or you can choose from our other investment options or you can have a combination of these.
It’s a good idea to regularly review your investment strategy and selected investment options to make sure they are meeting your needs.
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NAB Staff MySuper is an actively managed multi-asset investment option designed to meet the needs of default members of the National Australia Bank Group Superannuation Fund A. NAB Staff MySuper is broadly diversified across asset classes, across investment managers and within asset classes.
Learn more about MySuper
How has the NAB Staff MySuper performed?
Investment returns to 30 September 2024
| Returns (%) | Annualised Returns (% p.a.) | ||||
| 1 month | 3 months | 1 year | 5 years | 10 years | |
| NAB Staff MySuper | 1.3% | 3.4% | 12.9% | 6.7% | 7.3% |
Past performance is not a reliable indicator of future performance. The value of an investment may rise or fall with the changes in the market.
All returns are net of investment fees and tax considerations and do not include administration fees and costs. Performance returns are annualised for periods greater than one year. For details of relevant fees and costs, log in opens in new window to view the PDS and fee brochure for your plan.
This information is current as of 31 August 2024 and is subject to change.
NAB Staff MySuper passed the
performance test
For the 2024 Annual Performance Test, NAB Staff MySuper passed, together with all Trustee Directed Products within the National Australia Bank Group Super Fund A.
Your Future Your Super
Further information around YFYS and questions you may have.
For information on our investment options, log in opens in new window to view the PDS and investment menu for your plan.
NAB Staff MySuper fees and costs
NAB Staff MySuper is designed to be simple and cost-effective – for further information on fees and costs, refer to the PDS and Fee Brochure. If you’re a member of the National Australia Bank Group Superannuation Fund A, you can also log in opens in new window to view your Product Disclosure Document for your plan, as the figures shown below do not take into account any applicable discounts or employer subsidisation arrangements.
This table below provides an example of how the fees and costs for the NAB Staff MySuper can affect your super over a 1-year period.
| NAB Staff MySuper | Balance of $50,000 | |
| Administration fees and costs | 0.10%1 pa + $78 pa ($1.50 per week) | For every $50,000 you have in the superannuation product, you will be charged or have deducted from your investment $50 in administration fees and costs, plus $78 regardless of your balance |
PLUS Investment fees and costs |
0.94% pa | And, you will be charged or have deducted from your investment $470 in investment fees and costs |
| PLUS Transaction costs | 0.05% pa | And, you will be charged or have deducted from your investment $25 in transaction costs |
| EQUALS Cost of product | If your balance was $50,000, at the beginning of the year, then for that year you will be charged fees and costs of $6232 for the superannuation product. |
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Note: Additional fees may apply.
1 Includes other administration fees and costs of 0.05% pa that are paid from reserves and not charged to your account.
2 $25 is paid from reserves and $598 is charged to your account
This information is current as of 1 October 2024 and is subject to change.
NAB Staff MySuper dashboard
This NAB Staff MySuper Product Dashboard can be used to compare NAB Staff MySuper with other MySuper products. It’s designed to provide a snapshot of key information about our MySuper product and has been prepared in accordance with prescribed standard calculations.
Our Product Disclosure Statement provides more detailed information about the National Australia Bank Group Superannuation Fund A.
If you’re a member with us, log into your account opens in new window to review NAB Staff MySuper performance.
If you have any questions or want to speak to a financial adviser before you make any changes to your investments, call us on 1300 557 586.
For more plan information please refer to plum.com.au/nab
If you decide NAB Staff MySuper is not right for you
It's always up to you when it comes to investing your super. We offer a range of portfolios if you want to select your own investment options.
Find out more by referring to your investment section by logging into the secure member area.
Important information
This document contains general information only and so doesn’t take into account your personal financial situation or individual needs. Before acting on the information you should consider whether it is appropriate to your personal circumstances. We recommend that you consider the Product Disclosure Statement (PDS) before you make any decisions about your superannuation. If you need any help in making a decision we recommend that you seek advice from a qualified financial adviser. To obtain a copy of the relevant PDS please contact us on 1300 557 586. NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465 is part of the Insignia Financial Group of Companies, comprising Insignia Financial Ltd ABN 49 100 103 722 and its related bodies corporate (Insignia Financial).
