Investment options

You may have certain goals for your retirement. That's why we offer different investment options, each with a different level of risk and return. Investment choice is available for Accumulation Plan, Beneficiary Account, and Income Stream members.

If you don't make a choice, your benefit and investment earnings will be invested in the default investment option:

• Balanced Growth Managed is the default investment option for Beneficiary Accounts and Accumulation Plan accounts
• Balanced is the default investment option for Working and Retirement Income Stream accounts.

If you're unsure which investment option is best for you, have a look at the Investment Risk Profiler on the Calculators page of our website.

• diversified options, or
• single asset class options.

Diversified options

Diversified options invest your super across a range of asset classes to ensure returns are not reliant on just one type of asset. This is called diversification and it ensures you are not putting all your eggs in one basket. Diversification is one of the best-known strategies to help lower your investment risk and generate more stable returns.

• GrowthThis option may be suitable if you are prepared to accept moderate to high volatility of capital in pursuit of high, long term capital growth.
• Balanced GrowthThis option may be suitable if you are interested in long term capital growth, can accept higher levels of short term volatility and are particularly cost sensitive.
• Balanced Growth Managed (NEW)This option may be suitable for you if you’re looking for a mix of growth assets (including Australian and international shares) along with lower-risk defensive assets that contribute to stability.
• Ethical DiversifiedThis option may be suitable if you are interested in long term capital growth, can accept short term volatility and are seeking an investment return that excludes some investments on ethical grounds.
• BalancedThis option may be suitable if you are most interested in long term capital growth and can accept short term volatility of capital.
• ConservativeThis option may be suitable if you want a growth component in your investments to help protect capital against inflation, some income to smooth returns but can accept short term volatility of capital.
• Capital StableThis option may be suitable if you aim to see your capital protected from inflation and are prepared to experience some short term volatility in order to gain longer term capital growth.
• DefensiveThis option may be suitable if you are prepared to accept a measured amount of risk by investing in a small amount of growth assets. Your priority remains the preservation of capital.

Single asset class options

An investment option with a single asset class means that all the risk of returns for that option relies on the performance of that one type of asset. For example, the Shares Only option is solely driven by the volatility of the share market. On the other hand, the Cash option is much lower risk because it is solely invested in cash.

• Shares Only This option may be suitable if you are prepared to accept the high volatility of investing in listed investments in the pursuit of high long term capital growth.
• Cash This option may be suitable if you do not wish to take any investment risk as your priority is safeguarding of your investment capital.

Changing your investment options

Everyone is different, that's why we have different, carefully selected options you can choose from to help you reach your retirement goals. By selecting just one option, or a combination of options, you can tailor your investments to match your needs and reach your long term goals.

Important: Keep in mind that super is a long term investment and investment performance can fluctuate. With every investment, there are risks. Generally, the higher the potential return, the higher the level of risk. You should consider the information with the PDS before making a choice about your investments.