About us
Quarterly Investment Update June 26
Learn about the latest Investment update market overview. Read more.
Read more...Moving to the next chapter
For the Transition to Retirement (TTR) account, 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.
Take a look at your options
If you don’t choose an option when you open a TTR account, your super will be invested in the Conservative Growth option.
Before making any decisions, make sure you read the Product Disclosure Statement (PDF).
Conservative Growth (default)
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% |
| 3 years p.a. | 7.49% |
| 5 years p.a. | 4.88% |
| Since inception p.a. | 5.97% |
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% |
| 3 years p.a. | 10.91% |
| 5 years p.a. | 7.63% |
| Since inception p.a. | 9.37% |
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% |
| 3 years p.a. | 10.05% |
| 5 years p.a. | n/a |
| Since inception p.a. | 7.60% |
Growth
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.
| 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 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 | 9.20% |
| 3 years p.a. | 9.36% |
| 5 years p.a. | 6.53% |
| Since inception p.a. | 7.81% |
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 |
* For this investment option shares comprise Australian and developed market global shares, and fixed interest comprises Australian and global government bonds and corporate credit.
| 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% |
| 3 years p.a. | 10.77% |
| 5 years p.a. | n/a |
| Since inception p.a. | 7.82% |
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 | 5.04% |
| 3 years p.a. | 5.74% |
| 5 years p.a. | 3.45% |
| Since inception p.a. | 4.27% |
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 |
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.
| Historical returns % (crediting rate) to 30 June 2026 | |
|---|---|
| 1 year | 10.90% |
| 3 years p.a. | 14.80% |
| 5 years p.a. | n/a |
| Since inception p.a. | 10.85% |
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 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 | 5.51% |
| 3 years p.a. | 9.40% |
| 5 years p.a. | n/a |
| Since inception p.a. | 7.79% |
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. after fees and tax, 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 - 100.0 |
Cash |
2.0 - 30.0 |
| Historical returns % (crediting rate) to 30 June 2026 | |
|---|---|
| 1 year | 11.47% |
| 3 years p.a. | 5.31% |
| 5 years p.a. | n/a |
| Since inception p.a. | 2.36% |
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. after fees and tax, 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 | 3.55% |
| 3 years p.a. | 4.71% |
| 5 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% |
| 3 years p.a. | 3.99% |
| 5 years p.a. | 2.98% |
| Since inception p.a. | 2.13% |
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.
1 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. The remaining Transition to Retirement investment options commenced on 1 July 2017 therefore historical returns and performance information for longer time periods is not applicable.
Investment performance is based on the crediting rate, which is the investment return minus investment fees, 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 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)
Advice Services
We’re here to help.
Email: advice@cbussuper.com.au
Or use our online form to request a call from Advice Services.
Financial Services Guide (PDF)
The Financial Services Guide (FSG) provides information about the financial product advice services we offer to help members decide whether to use them or to acquire one of our products.