What is Member Direct?
Member Direct offers you greater control and choice in the investment of your super or retirement income. You can invest in shares, Exchange Traded Funds (ETFs), term deposits and cash – all from an easy-to-use online platform.
You also get access to real-time trading, extensive market information, independent research and investment tools to help you make informed investment decisions and manage your portfolio. This option suits members who want to be actively involved in managing their investments.
How does it work?
You make your own strategy by investing in your choice of:
- shares in the S&P/ASX 300 Index
- Exchange Traded Funds (ETFs)
- term deposits
To invest you will need to open a cash transaction account, which works like an online bank account and earns a competitive interest rate on the cash that is held in the account.
You transfer money from your other AustralianSuper investment options into this account, and then use this money to invest. You can also do the reverse and transfer money from this transaction account back into your other AustralianSuper options.
Control and flexibility
You can tailor your investment strategy by combining the options you choose in shares, ETFs, term deposits and cash with the investments AustralianSuper make on your behalf in other investment options.
AustralianSuper takes care of all the administration, compliance and reporting requirements, so you don’t have to.
There aren’t any set-up costs and ongoing fees are low.