Switching between PreMixed and DIY Mix options
You can make an investment switch by logging into your account. Applications to switch between investment options made during the week are processed after close of business the following Monday, and are effective from the next day. Transaction details will appear on your account from the Wednesday. Cut-off times for submitting your instructions for PreMixed or DIY Mix options are:
- Paper (written) applications - close of business Friday
- Online applications - midnight Sunday.
If more than one Investment Choice form or online instruction is received in the same week the last instruction received by that week’s deadline is the one that will apply.
Example – when switches apply
A switch request is made on Thursday 14 February to switch from 100% Balanced to 50% Balanced and 50% Cash.
The switch will be processed after close of business the following Monday and be effective from Tuesday 19 February.
To process the switch, your account balance will be determined at the close of business Monday 18 February using the daily crediting rates for the Balanced option. The switch will show on your online account from Wednesday 20 February.
Switching your future contributions
When you request a change to the option in which your future contributions are invested, this will take effect from the date the instruction is received by AustralianSuper.
Cancelling switches
To cancel a written switch instruction, you must call AustralianSuper on 1300 300 273 prior to 8pm (AEST) on Friday of the week in which AustralianSuper received the instruction.
To cancel an instruction submitted online, you must email AustralianSuper at asmic@superpartners.com.au by midnight Sunday of the week in which the instruction was submitted.
How your account balance is calculated when a switch is made
For information on how your account balance is calculated when you make a switch, see Calculating investment returns.
Member Direct investment option
You’ll need to register for the Member Direct online platform to switch money from a PreMixed or DIY Mix option to the Member Direct investment option. Fees and terms and conditions apply.
Once you’ve registered for the Member Direct investment option, you can also switch money between your other AustralianSuper investment options (excluding the Member Direct option). Find out more...