Sometimes, investing can be difficult to understand, here’s some simple points to help you understand more about it.
- You can choose how your superannuation money in an accumulation account or pension account is invested from a range of investment options.
- You can switch options whenever you wish (some funds will charge you to do this).
- Investing involves both risk and return.
- Different investments (including investment options) have different exposures to risk, and have different expectations of returns.
- When you invest, the value of your investment could increase or decrease.
- Your age, financial situation and years to retirement can all be factors that determine your risk profile and the investment strategy that best suits you.