Getting started with CBUS

We offer a range of investment options to suit your goals, how long you’ll be invested for and how much risk you’re comfortable with. You can leave the investment decisions to our experts or take a more active role in choosing how your super is invested.

Investment basics

Learning the basics of investing will help you make better decisions now and in the future.

Learn more

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Investment guide

Find out everything you need to know about our superannuation investment choices.

Forms and publications

Product Disclosure Statement

To read the Cbus product disclosure statements go to Forms and Publications.

Forms and publications

Responsible investing

Learn how we approach responsible investing.

What we do

Cbus MySuper dashboard

Use the dashboard to better understand the fees, risks and performance of our default investment option.

View the dashboard

Compare our default option

Compare the Growth (MySuper) option to the average fund.

View the comparison

Take a look at your options

When you join CBUS, your super will be invested in the Growth (MySuper) option. Once your account is open, you can choose the investment options that suit you best. Before making changes, read the relevant Product Disclosure Statement and Investment guide (PDF).

For Retirement Scheme members: this page has the latest information about your options. However, some information may not apply because you can only choose how certain parts of your account are invested.

Growth (MySuper)^

This is our default option. It may suit members seeking returns well above inflation over the long term and who can accept some negative years. This option is in our Pre-mixed category. If you're a Retirement Scheme member, this is called the Growth option.

Investment return objective
Deliver an after-tax and fee return of inflation plus	3.25% p.a. over rolling 10 year periods
Likelihood of negative annual investment returns	3 to 4 in every 20 years
Risk level	Medium to High

SAA Growth vs Defensive Allocation
Growth	73.50
Defensive	26.50

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	5.0 - 38.0
Global shares	7.0 - 39.0
Emerging market shares	0.0 - 16.5
Private equity	0.0 - 12.0
Growth opportunities	0.0 - 13.0
Alternative defensive	0.0 - 13.0
Infrastructure	0.0 - 28.0
Property	0.0 - 28.0
Global credit	0.0 - 17.0
Australian fixed interest	0.0 - 23.0
Global fixed interest	0.0 - 23.0
Cash	1.0 - 18.0

Historical returns % (crediting rate) to 30 June 2026
1 year	9.25%
5 years p.a.	6.48%
10 years p.a.	8.13%
Since inception p.a.	8.92%

High Growth

It may suit members seeking the highest long-term return from our diversified options and who can accept more negative years. This option is in our Pre-mixed category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	3.75% p.a. over rolling 10 year periods
Likelihood of negative annual returns	5 to 6 in every 20 years
Risk level	High

SAA Growth vs Defensive Allocation
Growth	90
Defensive	10

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	15.0 - 48.5
Global shares	17.0 - 50.0
Emerging market shares	0.0 - 19.0
Private equity	0.0 - 13.0
Growth opportunities	0.0 - 17.0
Alternative defensive	0.0 - 17.0
Infrastructure	0.0 - 23.0
Property	0.0 - 23.0
Global credit	0.0 - 10.0
Australian fixed interest	0.0 - 10.0
Global fixed interest	0.0 - 10.0
Cash	0.0 - 10.0

Historical returns % (crediting rate) to 30 June 2026
1 year	10.06%
5 years p.a.	7.65%
10 years p.a.	9.85%
Since inception p.a.	7.96%

Growth Plus

It may suit members seeking strong long-term returns and who can accept some negative years. This option is in our Pre-mixed category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	3.50% p.a. over rolling 10 year periods
Likelihood of negative annual returns	4 to 5 in every 20 years
Risk level	High

SAA Growth vs Defensive Allocation
Growth	82.25
Defensive	17.75

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	10.0 - 45.0
Global shares	10.0 - 45.0
Emerging market shares	0.0 - 19.0
Private equity	0.0 - 13.0
Growth opportunities	0.0 - 13.0
Alternative defensive	0.0 - 13.0
Infrastructure	0.0 - 28.0
Property	0.0 - 28.0
Global credit	0.0 - 17.0
Australian fixed interest	0.0 - 15.0
Global fixed interest	0.0 - 15.0
Cash	0.0 - 15.0

Historical returns % (crediting rate) to 30 June 2026
1 year	9.75%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	7.86%

Indexed Diversified

It may suit members looking for a mix of assets* that aim to track index returns, with a focus on keeping costs low. This option is in our Pre-mixed category.

*Shares include Australian and developed market global shares. Fixed interest includes Australian and global government bonds and corporate credit.

Investment return objective
Deliver an after-tax and fee return of inflation plus	2.25% p.a. over rolling 10 year periods
Likelihood of negative annual returns	5 to 6 in every 20 years
Risk level	High

SAA Growth vs Defensive Allocation
Growth	75
Defensive	25

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	15.0 - 55.0
Global shares	20.0 - 60.0
Emerging market shares	0.0 - 10.0
Australian fixed interest	0.0 - 40.0
Global fixed interest	0.0 - 40.0
Cash	1.0 - 40.0

Historical returns % (crediting rate) to 30 June 2026
1 year	9.21%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	7.81%

Conservative Growth

It may suit members seeking long term returns above inflation and who can accept occasional negative years. This option is in our Pre-mixed category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	2.25% p.a. over rolling 10 year periods
Likelihood of negative annual returns	2 to 3 in every 20 years
Risk level	Medium

SAA Growth vs Defensive Allocation
Growth	51.75
Defensive	48.25

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	1.0 - 31.0
Global shares	0.5 - 32.0
Emerging market shares	0.0 - 14.0
Private equity	0.0 - 10.0
Growth opportunities	0.0 - 12.5
Alternative defensive	0.0 - 12.5
Infrastructure	0.0 - 25.0
Property	0.0 - 25.0
Global credit	0.0 - 18.0
Australian fixed interest	0.0 - 48.0
Global fixed interest	0.0 - 48.0
Enhanced income	0.0 - 47.0
Cash	0.0 - 47.0

Historical returns % (crediting rate) to 30 June 2026
1 year	7.12%
5 years p.a.	4.88%
10 years p.a.	n/a
Since inception p.a.	5.90%

Conservative

It may suit members seeking more limited negative years, while accepting lower long term returns. This option is in our Pre-mixed category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	1.00% p.a. over rolling 10 year periods
Likelihood of negative annual returns	1 to 2 in every 20 years
Risk level	Low to Medium

SAA Growth vs Defensive Allocation
Growth	30.75
Defensive	69.25

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	0.0 - 18.0
Global shares	0.0 - 18.5
Emerging market shares	0.0 - 9.5
Private equity	0.0 - 7.5
Growth opportunities	0.0 - 9.5
Alternative defensive	0.0 - 9.5
Infrastructure	0.0 - 17.0
Property	0.0 - 17.0
Global credit	0.0 - 21.5
Australian fixed interest	0.0 - 60.0
Global fixed interest	0.0 - 60.0
Enhanced income	0.0 - 59.0
Cash	0.0 - 59.0

Historical returns % (crediting rate) to 30 June 2026
1 year	5.03%
5 years p.a.	3.44%
10 years p.a.	4.39%
Since inception p.a.	5.50%

Overseas Shares

It may suit members seeking strong long-term growth from a range of overseas shares and can accept a higher chance of negative years. This option is in our DIY category.

Investment return objective
Deliver a return which meets the	MSCI All Country World ex-Australia Index (unhedged) after fees and taxes over rolling 10 year periods
Likelihood of negative annual investment returns	6 to 7 in every 20 years
Risk level	Very High

SAA Growth vs Defensive Allocation
Growth	100
Defensive	0

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Global shares	90.0 - 100.0
Cash	0.0 - 10.0

Historical returns % (crediting rate) to 30 June 2026
1 year	10.87%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	10.87%

Australian Shares

It may suit members seeking strong long-term growth from a range of Australian shares and can accept a higher chance of negative years. This option is in our DIY category.

Investment return objective
Deliver a return which meets the	S&P/ASX 300 Accumulation Index after fees and taxes over rolling 10 year periods
Likelihood of negative annual investment returns	6 to 7 in every 20 years
Risk level	Very High

SAA Growth vs Defensive Allocation
Growth	100
Defensive	0

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Australian shares	90.0 - 100.0
Cash	0.0 - 10.0

Historical returns % (crediting rate) to 30 June 2026
1 year	5.59%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	7.74%

Property

It may suit members looking to invest in property assets. It invests in unlisted property and listed Global Real Estate Investment Trusts (GREITs). This investment option is in our DIY category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	2.50% p.a. over rolling 10 year periods
Likelihood of negative annual returns	4 to 5 in every 20 years
Risk level	High

SAA Growth vs Defensive Allocation
Growth	71.25
Defensive	28.75

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Unlisted Property	0.0 - 85.0
Global Listed Real Estate Investment Trusts	15.0 - 100
Cash	2.0 - 30.0

Historical returns % (crediting rate) to 30 June 2026
1 year	11.55%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	2.51%

Diversified Fixed Interest

It may suit members looking to invest in Australian and global fixed interest and global credit. This investment option is in our DIY category.

Investment return objective
Deliver an after-tax and fee return of inflation plus	0.50% p.a. over rolling 10 year periods
Likelihood of negative annual returns	1 to 2 in every 20 years
Risk level	Low to Medium

SAA Growth vs Defensive Allocation
Growth	25
Defensive	75

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: Growth assets include Australian shares, global shares, emerging market shares, private equity, growth opportunities, alternative defensive and 50% of infrastructure, property and global credit. Defensive assets include cash, fixed interest and 50% of property, infrastructure and global credit.

Asset Allocation	Range %
Global credit	20.0 - 80.0
Australian fixed interest	0.0 - 50.0
Global fixed interest	0.0 - 50.0

Historical returns % (crediting rate) to 30 June 2026
1 year	3.56%
5 years p.a.	n/a
10 years p.a.	n/a
Since inception p.a.	2.35%

Cash

It may suit members seeking to minimise negative returns but accept that long term returns are expected to be lower than our other investment options. This option is in our DIY category.

Investment return objective
Deliver a return which meets the	RBA Cash Rate after fees and taxes over rolling 10 year periods
Likelihood of negative annual investment returns	Negligible in 20 years
Risk level	Very low

SAA Growth vs Defensive Allocation
Growth	0
Defensive	100

This strategic asset allocation information is current. Actual asset allocations may vary at any point in time due to market movements, cash flows and other activities, and are regularly monitored by the investment team and rebalanced back towards target, or in line with our views on opportunities and risks.

Note: The Cash investment option includes a 50% allocation with the Australia and New Zealand Banking Group Limited (ANZ). The balance of the investment option includes allocations to the four major Australian banks as well as other highly-liquid deposits and short-term investments issued by highly-rated banks.

Asset Allocation	Range %
Cash	100.0

Historical returns % (crediting rate) to 30 June 2026
1 year	3.67%
5 years p.a.	2.98%
10 years p.a.	2.04%
Since inception p.a.	2.39%

Cbus Self Managed

Suitable for eligible members who are comfortable taking an active role in managing their super savings.^^

Investment objective
Deliver an after tax return of inflation plus	varies by member based on investment selection
Likelihood of negative annual returns	varies by member based on investment selection
Risk level	varies by member based on investment selection

Investments available

a range of Australian shares
Exchange traded funds (ETFs)
Term deposits
Managed investments including property and infrastructure.

Refer to CBUS Self Managed for further information.

See CBUS Self Managed performance.

^{^^} If you're a Retirement Scheme member, you're not eligible to invest in this option.

Investment warning: Investment returns can go up and down. The crediting rate is based on investment returns minus investment fees and costs, transaction costs and investment-related taxes and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance.

Cbus also offers a range of super income stream options for members who are nearing retirement, or fully retired.

Read about super income stream investment options.

Thinking about a Self Managed Super Fund?

A Self Managed Super Fund (SMSF) isn’t for everyone. Find out if an SMSF is right for you.

Cbus Self Managed

Investment performance

Super investment option performance to 30 September 2026 ^‡

^‡ This table shows the most recent crediting rates (published monthly on or around 14 to 21 days following each months reporting period).

^{Please note, the Growth Plus, Indexed Diversified, Overseas Shares, Australian Shares, Property and Diversified Fixed Interest options commenced on 14 February 2022 therefore crediting rate information for longer time periods are not applicable.}

^{Investment performance is based on the crediting rate, which is the investment return minus investment fees and costs, transaction costs and investment-related taxes and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance.}

^{^} The Conservative Growth accumulation option commenced on 6 July 2017 therefore crediting rate information for longer time periods are not applicable.

Cbus has declared crediting rates daily since 4 October 2018. Prior to this rates were declared weekly.

Crediting rates are the investment earnings for each investment option. Cbus calculates crediting rates and declares these on a daily basis. Crediting rates go up and down during the year, reflecting movements in investment markets.

Learn about crediting rates (PDF)

Changing investment options

If you’re considering changing how your super is invested, it’s important to think long term.

In times of higher share market volatility, it may be tempting to invest your super in lower risk options to try to minimise losses over the short term. However, reacting to short-term changes may reduce your super balance over the long term.

So while monitoring your investment performance is important, frequent switching between options may not benefit you in the long run.

Read about changing options in response to short-term share market movements or watch our video to understand more about share market volatility and how Cbus invests.

Before you change how you invest your super, it’s important to understand the range of investment options available, your investment time frame and the impact of changing investment options.

We’re here to help you work through your options and answer your questions about investments.

Call Cbus Advice Services on 1300 361 784.

How do I change my investment options?

At any time, you can change the investment option for your super contributions. Changes for future contributions occur as soon as they are received.

You can change the investment options for your account in two ways. One is to change which options your whole account is invested in, another is to change how you direct your contributions.

Investment switches are processed on a daily basis. All switch requests must be received before 4.00pm (AEST/AEDT). The change will be effective from the start of the next national business day. You’ll see this reflected in your account two national business days later. If we receive your request after 4.00pm (or on a weekend or public holiday) it will take an extra national business day to process.

Login to your online account to change your investment options.
If you haven't logged in before, it's easy to register now.
Alternatively, complete the Investment choice form (PDF).
If you're a Retirement Scheme member, you can switch online or by using the Retirement Scheme Investment choice form (PDF).
Or call us on 1300 361 784 and we’ll post you a form.

Need advice?

Whatever your enquiry, we're ready to help you get your super working.

Your advice options

Getting started with CBUS

We offer a range of investment options to suit your goals, how long you’ll be invested for and how much risk you’re comfortable with. You can leave the investment decisions to our experts or take a more active role in choosing how your super is invested.

Investment basics

Investment guide

Product Disclosure Statement