This is a SuperGuide profile of AvWrap Retirement Service, including information about its members, value of assets under management, contact details, and administration details (such as ABN).
This profile is factual information and is not an advertisement or recommendation for AvWrap Retirement Service.
AvWrap Retirement Service overview
AvWrap Retirement Service is a Public offer Retail fund.
AvWrap Retirement Service has 2,495 investment options, N/A MySuper products authorised and 0% of its total assets are invested in a default or MySuper strategy.
Of the 150 funds that provided asset data, AvWrap Retirement Service ranks 114 largest in terms of total assets under management, which are valued at approximately $0.4 billion.
Of the 150 funds that provided member data, AvWrap Retirement Service ranks 136 largest, with 1,172 members.
Continue reading to find out more about AvWrap Retirement Service.
- AvWrap Retirement Service member profile
- AvWrap Retirement Service ABN, USI and SPIN numbers
- AvWrap Retirement Service administration details
- AvWrap Retirement Service contact details
Note: N/A means this information is not available.
Important: This profile does not include fund performance because APRA only provides this on a fund-level, and not for a specific investment option. If you are interested in the top-performing funds, see the following SuperGuide articles:
- Best performing super funds: All Growth category (96–100%)
- Best performing super funds: High Growth category (81–95%)
- Best performing super funds: Growth category (61–80%)
- Best performing super funds: Balanced category (41–60%)
- Best performing super funds: Conservative category (21–40%)
If your super fund is not listed in the top 10, check where it appears in our super fund rankings:
- Super fund rankings: All Growth category (96–100%)
- Super fund rankings: High Growth category (81–95%)
- Super fund rankings: Growth category (61–80%)
- Super fund rankings: Balanced category (41–60%)
- Super fund rankings: Conservative category (21–40%)
AvWrap Retirement Service member profile
AvWrap Retirement Service has 1,172 members, which ranks it at number 136 largest of 150 funds.
In the 2019 financial year, the number of AvWrap Retirement Service members changed by -3%, which places them at 84 of 150 funds in terms of growth.
51% of AvWrap Retirement Service's members are female (compared to an average of 46% across all funds), and 49% are male (compared to an average of 54% across all funds).
AvWrap Retirement Service member gender overview
In the charts below you can see the age and gender breakdown for AvWrap Retirement Service fund membership and how that compares across all super funds.
AvWrap Retirement Service member age overview (male)
Source: APRA. Data contained in these chart as at 30 June 2019
AvWrap Retirement Service member age overview (female)
Source: APRA. Data contained in these chart as at 30 June 2019
In the chart below you can discover the member balances for AvWrap Retirement Service members, and how that compares across all super funds.
The average member account balance for AvWrap Retirement Service is $371,000.
AvWrap Retirement Service member account balances overview
Data contained in these chart as at 30 June 2019
AvWrap Retirement Service ABN
The AvWrap Retirement Service ABN number is 82004832237.
AvWrap Retirement Service administration details
Below you can find the administration details for AvWrap Retirement Service including whether the super fund is open to the general public (Public offer) or not (Non public offer) and how AvWrap Retirement Service is structured. You can also learn how their expenses ratio compares to other super funds, as well as the gender ratio and remuneration of their board directors.
| Fund's RSE licensee | I.O.O.F. Investment Management Limited |
| Public offer status | Public offer |
| Fund type | Retail |
| RSE licensee ownership type | Financial services corporation ownership |
| RSE licensee profit status | For profit status |
| RSE licensee board structure | Non equal representation |
| RSE licensee balance date | 26/06/2020 |
| Investment expenses ratio | 0% (average is 0.19%) |
| Operating expenses ratio | 0.4% (average is 1.07%) |
| Number (and percentage) of female directors | 2 (40% - average is 38%) |
| Number (and percentage) of male directors | 3 (60% - average is 62%) |
| Total remuneration of directors on trustee board | $138,000 (average is $441,000) |
| Average remuneration of directors on trustee board | $28,000 (average is $59,000) |
Sources: APRA and publicly available information. Data contained in this table as of 30 June 2019
AvWrap Retirement Service contact details
Below you can find contact details for AvWrap Retirement Service including website, email and physical address as well as social media accounts if they are available.
| Address |
AvWrap GPO Box 4045 Sydney NSW 2001 |
| Phone number | 1800025063 |
| Email address | wrapsolutions@macquarie.com |
| Website | www.macquarie.com.au/dafiles/Internet/mgl/au/docs-pa/wrap-changes/acm-sm-sen.pdf?v=2 |
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