Information for members previously in the ASX 200 shares option
The ASX200 option has now been replaced by the AustralianSuper Member Direct investment option. Register now to access your shares and explore the features of the Member Direct investment option.
Only members with $10,000 in their AustralianSuper account can register for the Member Direct investment option.
Compare the features
Feature
|
Member Direct option
|
ASX 200 option
|
| Easy to use online investment platform |
Yes |
No |
| Central cash transaction account |
Yes |
No |
| S&P/ASX 200 shares |
Yes |
Yes |
| S&P/ASX 300 shares |
Yes |
No |
| Exchange traded funds |
Yes |
No |
| Term deposits |
Yes |
No |
| Real-time online trading |
Yes |
No |
| Live stock qotes and 20-minute delayed market data |
Yes |
No |
| Comprehensive company and market information |
Yes |
No |
| Independent company research and recommendations |
Yes |
Yes |
| Investment tools including watchlists and charting |
Yes |
No |
| Investment education and tutorials |
Yes |
Yes |
| Consolidated portfolio tax and reporting |
Yes |
No |
| Low administration and brokerage fees |
Yes |
Yes |
What you need to do?
| I want to participate in the Member Direct option |
| From 28 November 2011 |
Register online for the Member Direct investment option and explore the features at the same cost you pay now ($39 pa) until 29 May 2012, or you make your first buy order. |
| 29 May 2012 |
If you don’t register for the Member Direct investment option by 29 May 2012 and still own shares from the ASX200 investment option, the monthly fee and terms and conditions will automatically apply. |
|
I don't want to participate in the Member Direct option
|
| By 29 May 2012 |
If you want to sell your shares you will need to first register for the Member Direct investment option. You can then sell your shares from the Member Direct online platform. If you do this by 29 May 2012 you won’t pay the new monthly administration fee. |
|
I'm not sure
|
| Until 29 May 2012 |
If you’re not sure you can still register online for the Member Direct investment option and explore the features at the same cost you pay now ($39 pa) until 29 May 2012, or until you make your first buy order. |
| 29 May 2012 |
If you don’t register for the Member Direct investment option by 29 May 2012 and still own shares from the ASX200 investment option, the monthly fee and terms conditions will automatically apply. |
Changes to fees
The Member Direct investment option has a portfolio administration fee of $15 per month ($180 per annum), which gives you access to the Member Direct investment option’s features. For members in the ASX 200 Shares option, this fee won’t apply until 29 May 2012, or when you place your first ‘buy’ order in the Member Direct investment option – whichever happens earlier.
This means you can register for the Member Direct investment option and explore its features for the same cost you pay now ($39 pa) cost until 29 May 2012, unless you make an investment first. You can close your Member Direct account at any time before 29 May 2012 at no additional cost to you.
Brokerage and ETF management fees also apply.
Read the Guide to the Member Direct investment option for more details on the features, fees and terms and conditions.
How to register
You access the Member Direct investment option through an online platform. This platform is different to your online AustralianSuper account so you need to register and create a separate log in. Follow these steps to register from 28 November 2011.
- 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 will 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.