Investment option name changes
The names of six of our nine investment options changed on 1 July 2023:
|Investment option name until 30 June 2023
||Investment option name from 1 July 2023
|Growth (default option)
||Balanced (default option)
Additionally, all investment options have been reclassified. For more information, please refer to our Investment option name and classification changes news article, or the relevant Product Disclosure Statement.
You may have certain goals for your retirement. That's why we offer different investment options (below), 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 (previously named Growth). If you are unsure which investment option is best for you, have a look at the Investment Risk Profiler on the Calculators page of our website.
From 1 July 2023, our investment options are classified as either:
- Diversified options, or
- Single asset class 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 eturns.
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.
Things to consider...
Download our Thinking of changing investment options? brochure for more information.
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.