Investments for Personal Division members
Superannuation is generally a long-term investment. The amount of super you have when you retire will depend on a number of investment factors, including:
- how long you have had your super for;
- how much you and/or your employer have contributed;
- what investment option/s you have chosen; and
- how your chosen investment option/s have performed.
The money in your super account is invested according to your chosen investment option/s. The returns from these investments (less costs and tax) are applied to your account once a year or when you request a withdrawal or switch of your investment options. These returns can be positive or negative depending on the performance of the funds within your selected option/s and other market factors.
We’re committed to ensuring that you can take control of these important decisions, by providing a range of investment options (based on your attitude towards risk).
Take control – your investment options
We offer the choice of five investment options, four of which are diversified across a range of asset classes, investment managers and industry sectors (the Cash option is not diversified).
Each option has its own investment objectives, strategies and level of expected risk and return. The details of each option are explained in the Investment Guide Personal, which you can use to help determine which option/s may be right for your particular circumstances.
Click here for information on the Standard Risk Measure system – an industry-wide measure that classifies investments according to their risk level and aims to help members easily compare investment options.
Making an investment choice
Members of our Personal Division will need to choose which investment option their money is invested in (or split across a range of options) as part of the application process when joining. Existing members can make changes to these investment selections through MemberAccess.Click here for details on MemberAccess
You can change your investment options as often as you like, however a switch fee may apply. The first switch each financial year will be free of charge. There will be a fee for subsequent switches requested within the same financial year. Please refer to the Investment Guide Personal for details of the current switch fee. You can also complete and return the ‘Member Investment Choice’ form enclosed in the Investment Guide, if you prefer.