Maximise investment potential with an informed switching strategy
The ability to switch investments isn't just a feature; it's a strategic tool. As life changes, this adaptability allows you to respond effectively to shifts in circumstances or investment horizons. It's essential, though, to switch thoughtfully. Any investment change should be strategically sound and well-diversified to mitigate performance risks. While considering changes to your balance, future super contributions, or rollovers, be aware of the associated risks and implications. Different membership types have unique guidelines, so it's vital to understand these rules to make a well-informed decision before switching.
How to switch
Log into MemberAccess, navigate to the 'Investments' page and follow the prompts to adjust your investment options. It's a hassle-free process designed to put your investments on a track of your choosing as soon as possible.
Switch timing: understanding the process
Requests submitted before 4pm (AEST/AEDT) on a national business day are processed with the day's unit price, with records updated within two business days. Note the 4pm cut-off and potential Buy-Sell spreads.
Buy-sell spreads: what you need to know
Buy-sell spreads represent the cost difference between entering and exiting an investment option. This spread compensates for the transaction costs incurred during trading, ensuring fairness among all members. For specifics on these spreads, visit our fees and costs page.
Default investments: know your options
By default, your super is invested in our MySuper Balanced option. If you want to customise this, it's worth reviewing to ensure it aligns with your investment goals.
Your investor profile can affect investments
Investment choices vary with age and retirement proximity. Younger members favour higher-risk, higher-return assets, while those in retirement prefer stable, lower-risk options. Understanding these dynamics helps in making suitable investment decisions. For instance, a younger member (say, age 30) may have up to another 30 years before they retire. This may mean they are more comfortable with riding out the more volatile returns of some assets (e.g.' growth' assets such as shares or property) that historically have performed better over the longer term than other assets (e.g. 'defensive' assets such as cash and fixed interest). If you are receiving a pension in retirement, you may prefer the lower volatility return of 'defensive' assets such as cash and fixed assets and wish to limit or avoid exposure to 'growth' assets such as shares and property.