Member Direct

Want more control over your investments?

Member Direct is AustralianSuper’s self-managed investment option. It’s designed for members who want more control and choice. You can invest in stocks in the S&P/ASX 300 Index, Exchange Traded Funds (ETFs) and term deposits – all from an easy-to-use online platform. In fact, the Member Direct option offers many of the features of a self managed super fund at a fraction of the cost.

You can invest in this option if you’re an AustralianSuper member and meet the minimum total balance requirements shown below:

 Account Type
Minimum Total Balance
 Super $10,000
 Retirement income


  • Low administration and brokerage fees
  • Easy to use online platform
  • S&P/ASX 300 shares, ETFs and term deposits
  • Central cash transaction account
  • Live stock quotes and 20 minute delayed market data
  • Investment tools including watch lists and investment education

Like more information?

View our Member Direct Guide (PDF, 3 MB), Member Direct Investment Menu (PDF, 78kb) and Member Direct Terms and Conditions (PDF, 155kb)

You should read the Member Direct Guide before making a decision

We encourage you to seek professional financial advice before investing in this option. Find out more about the advice options for super members and for retirement income members with AustralianSuper.

Register for Member Direct

Class Actions

In our role as Trustee for all members, AustralianSuper carefully considers whether or not we will join a Class Action. We generally only consider participating if we had/have a large investment across our whole portfolio. Class Actions in relation to smaller investments, including those in Member Direct are not generally pursued. Members are unable to participate individually as they do not directly own the investment.

If we participate we do so on an anonymous basis to ensure we do not adversely affect other investments. If the Class Action is successful any proceeds, after costs, are apportioned back to the investment options that held the investment, based on the amount of investment held in the option. These proceeds are then used to offset some of the costs of the particular investment option. This includes any proceeds apportioned to the Member Direct investment option, that is, they do not go back to individual members.

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Read the guide

Learn more about how the Member Direct investment option works, its features and terms and conditions