The industry fund for the people who care
Making an investment choice means making an informed decision about how you invest your superannuation.When you make an investment choice, you can:
When you make an investment choice, it will usually be effective on the first day of the following month. In the event of a partial payment occurring after the first day of the month but before the monthly investment returns are declared for the investment options (which can be up to three weeks) your new investment choice will take effect after the date of the partial payment.
If you don’t make an investment choice, that’s OK. We’ll still look after you by investing your superannuation in our Lifecycle strategy. We know everyone has different investment needs, so we’ve created a range of default options based on your age.
Please see the table below for the investment option you’ll be automatically invested in:
| If you are: | You will be automatically invested in: |
| Aged less than 50 | Long-Term Growth |
|---|---|
| Aged 50 to 59 | Medium-Term Growth |
| Aged 60 and over | Balanced |
Members aged under 50 will have their money invested in superannuation for a longer period of time, and can afford to ride the ups and downs of the investment cycle. Therefore, they are invested in our Long-Term Growth option, the investment option with the highest risk and return.
In contrast, we expect that members closer to retirement age generally want less investment volatility, and are therefore invested in our Balanced option.
If you are in the Lifecycle strategy and under the age of 50, your superannuation will be invested in the Long-Term Growth option. When you turn 50 years old, your superannuation will automatically be switched to the Medium-Term Growth option. When you turn 60, your superannuation will automatically be switched to the Balanced option.
The automatic switches will become effective from the first day of the month following your 50th and 60th birthday respectively. We will write to you before we change your investment option to remind you of this change.
Note: If you’ve made an investment choice, we will also write to you before your 50th and 60th birthday. If you don’t make another investment choice, the Lifecycle strategy for your age will apply.
Confirmation of your new investment choice will be sent to your postal address.
Your new investment choice received before the end of the month will usually be effective the first day of the following month. However, your online records will only be updated when the monthly investment returns have been declared. This may take up to three weeks. You can refer to our Investment Guide for more information. The Investment Guide also explains how investment returns are allocated if you withdraw benefits (partially or fully) from us before monthly investment rates are declared. Interim investment rates may apply.