More control and choice for direct investors
AustralianSuper’s Member Direct investment option offers you a new level of control and choice with your super. It enables you to invest in stocks in the S&P/ASX 300 Index, selected Exchange Traded Funds (ETFs) and term deposits through an online investment platform. Find out how to register.
Key features
Feature
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Member Direct investment option
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Easy to use online investment platform
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Yes
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Central cash transaction account
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Yes
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S&P/ASX 300 shares
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Yes
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Exchange traded funds
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Yes
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Term deposits
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Yes
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Real-time online trading
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Yes
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Live stock quotes and 20-minute delayed market data
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Yes
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Comprehensive company and market information
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Yes
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Independent company research recommendations
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Yes
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Investment tools including watchlists and charting
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Yes
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Investment education and tutorials
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Yes
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Consolidated portfolio tax and reporting
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Yes
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Low administration and brokerage fees
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Yes
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Who can invest?
You must be an AustralianSuper member with at least $10,000 in your account to register for the Member Direct investment option. Pension and corporate members cannot currently invest in this option.
Once you register for the Member Direct option you must keep at least $5,000 invested in one or more of AustralianSuper’s other investment options and $200 in your Member Direct option transaction account at all times.
Provided you meet these conditions you can invest:
- up to 80% of your total AustralianSuper account balance in shares and ETFs
- as much of your remaining AustralianSuper account balance in term deposits as you like
Who does it suit
The Member Direct option is designed for members who want to have a high level of control over their super investment strategy and investment selection. It offers many of the advantages of a self managed super fund (SMSF) at a fraction of the cost of one.
Please note: Superannuation is a long-term investment, so the AustralianSuper Member Direct option is not suitable for members who want to ‘time’ the markets or make short-term investment decisions. We strongly recommend you consult a licensed financial adviser before investing in this option.
Fees and interest rates
View the Member Direct investment option fees and the current term deposit and transaction account interest rates.
How to register
Follow these steps to register
- Log in to your online AustralianSuper account
- click on ‘Update my super investments’ on the side navigation menu
- click on the ‘Register for Member Direct’ button.
- You'll now be transferred to Member Online where you’ll need to log in again
- enter your member number and password. If you’ve forgotten your Member Online password or don’t have one, click the ‘need a password’ button
- click on Investments on the side navigation menu, then click on the Member Direct sub-menu underneath
- click on the Register for Member Direct button
- You will be transferred to the Member Direct online platform where you can register
- click on the register button
- you can now create your Member Direct account