Find out everything you need to know about our superannuation investment choices.
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Investment update August 2024
Learn more about the latest Investment update market overview.
Read more...For Retirement Scheme members, this page provides the most up to date information about your investment options, but not everything on this page is relevant to you. For example, you can only choose how you invest certain components of your account.
Find out everything you need to know about our superannuation investment choices.
To read the Cbus product disclosure statements go to Forms and Publications.
We’re here to help you get your super working. Call us on 1300 361 784.
Use the dashboard to better understand the fees, risks and performance of our default investment option.
View the dashboardCompare the Growth (MySuper) option to the average fund.
View the comparisonInvestment warning: Investment returns can go up and down. Past performance is not a reliable indicator of future performance. Investment performance is based on the crediting rate, which is the 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.
Growth (MySuper)^
Our default investment option is designed to suit most individuals. Suitable for those who can accept some years when returns are negative, but who expect that over the long term, returns will be well above inflation. This option is in our Pre-mixed category. ^ If you're a Retirement Scheme member, this option is called the Growth option.
Investment return objective | |
---|---|
Deliver a 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 | 74.75 |
Defensive |
25.25 |
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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 |
Alternative growth | 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 2024 | |
---|---|
1 year | 8.35% |
5 years p.a. | 6.43% |
10 years p.a. | 7.73% |
Since inception p.a. | 8.87% |
High Growth
Suitable for individuals seeking the highest returns over the long term and can accept more years of negative returns. This option is in our Pre-mixed category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 |
Alternative growth | 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 2024 | |
---|---|
1 year | 10.85% |
5 years p.a. | 8.29% |
10 years p.a. | 9.22% |
Since inception p.a. | 7.74% |
Growth Plus
Suitable for individuals seeking higher returns over the long term, and who can accept some years of negative returns. This option is in our Pre-mixed category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 |
Alternative growth | 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 2024 | |
---|---|
1 year | 9.45% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | 5.75% |
Indexed Diversified
Suitable for individuals seeking an option that invests in a mix of assets that aim to closely match index returns with a focus on keeping costs low. Returns are expected to be above inflation, but will also have an increased chance of negative returns. This option is in our Pre-mixed category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 2024 | |
---|---|
1 year | 11.42% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | 5.64% |
Conservative Growth
Suitable for individuals who can accept some years when returns are negative but who expect that over the long term, returns will be above inflation. This option is in our Pre-mixed category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 |
Alternative growth | 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 2024 | |
---|---|
1 year | 6.88% |
5 years p.a. | 4.61% |
10 years p.a. | n/a |
Since inception p.a. | 5.37% |
Conservative
Suitable for individuals who can accept lower returns on the basis that negative returns will be limited. This option is in our Pre-mixed category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 |
Alternative growth | 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 2024 | |
---|---|
1 year | 5.59% |
5 years p.a. | 2.97% |
10 years p.a. | 4.31% |
Since inception p.a. | 5.47% |
Overseas Shares
Suitable for individuals seeking to invest in a range of overseas shares. This option aims to deliver strong capital growth over the longer term but has a higher expectation of negative returns. This option is in our DIY category.
Investment return objective | |
---|---|
To deliver a return above the MSCI All Country World ex Australia Index (unhedged) after fees and adjusted for implied super tax. | 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of global credit.
Asset Allocation |
Range % |
---|---|
Global shares | 90.0 - 100.0 |
Cash | 0.0 - 10.0 |
Historical returns % (crediting rate) to 30 June 2024 | |
---|---|
1 year | 15.72% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | 8.06% |
Australian Shares
Suitable for individuals seeking to invest in a range of Australian shares. This option aims to deliver strong capital growth over the longer term but has a higher expectation of negative returns. This option is in our DIY category.
Investment return objective | |
---|---|
To deliver a return above the S&P/ASX 300 Accumulation Index after fees and adjusted for implied super tax | 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of global credit.
Asset Allocation |
Range % |
---|---|
Australian shares | 90.0 - 100.0 |
Cash | 0.0 - 10.0 |
Historical returns % (crediting rate) to 30 June 2024 | |
---|---|
1 year | 11.41% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | 7.20% |
Property
Suitable for individuals seeking to invest in a property assets. It invests in unlisted property and Global Listed Real Estate Investment Trusts (GREITs). This option is in our DIY category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 2024 | |
---|---|
1 year | -0.25% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | -2.11% |
Diversified Fixed Interest
Suitable for individuals seeking to invest in a range of Australian and global fixed interest and global credit. This option is in our DIY category.
Investment return objective | |
---|---|
Deliver a 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, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of 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 2024 | |
---|---|
1 year | 4.69% |
5 years p.a. | n/a |
10 years p.a. | n/a |
Since inception p.a. | 0.39% |
Cash
Suitable for individuals who want to avoid negative returns (expected negative returns are negligible). Returns over the long term are expected to be lower than the other Cbus investment options. This option is in our DIY category.
Investment return objective | |
---|---|
Deliver a return aligned with the RBA cash rate after fees and adjusted for implied super tax | Over rolling 3-year periods |
Likelihood of negative annual 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: Growth assets include Australian shares, global shares, emerging market shares, private equity, alternative growth, 50% of infrastructure, 50% of property and 50% of global credit. Defensive assets include cash, fixed interest, 50% of property, 50% of infrastructure and 50% of global credit. Please note the Cash savings option includes a 50% allocation with the Australia and New Zealand Banking Group Limited (ANZ).
Asset Allocation | Range % |
---|---|
Cash | 100.0 |
Historical returns % (crediting rate) to 30 June 2024 | |
---|---|
1 year | 4.12% |
5 years p.a. | 1.58% |
10 years p.a. | 1.66% |
Since inception p.a. | 2.19% |
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
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.
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.
A Self Managed Super Fund (SMSF) isn’t for everyone. Find out if an SMSF is right for you.
Cbus Self Managed‡ 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 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.
^ 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)
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.
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.
You can read more about the information covered on this page by clicking on the links to view relevant further reading on our website.