Member Direct

Tap into your inner investor and take control of your investments with our self-managed investment option.

What is Member Direct?

Member Direct offers you more control and choice over the investment of your super or retirement income. Through the Member Direct investment option you can invest in shares, Exchange Traded Funds (ETFs), Listed Investment Companies (LICs), Term Deposits and cash through an easy-to-use online platform.

You also get access to real-time trading, market information, independent research and investment tools to help you make informed investment decisions and manage your portfolio. Member Direct investment 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)
  • Listed Investment Companies (LICs)
  • term deposits

To invest you will need to open a cash 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 the cash account back into your other AustralianSuper options.

Eligibility criteria apply before you can invest in the Member Direct investment option and there are important conditions you must comply with when you invest in the option. Refer to the Member Direct guide for more information.

Features

Control and flexibility

You can tailor your investment strategy by combining the options you choose in shares, ETFs, LICs, term deposits and cash with the investments AustralianSuper make on your behalf in other investment options.

Less paperwork

AustralianSuper takes care of all the administration, compliance and reporting requirements, so you don’t have to.

Lower costs

There aren’t any set-up costs and ongoing fees are lower compared to average operating costs for Self-Managed Super Funds1.

  • Guides, forms and fact sheets (4)

    Member Direct investment option: Guide - pdf, 3.8MB

    Member Direct online platform: Terms and conditions - pdf, 663KB

    Member Direct: Investment menu - pdf, 926KB

    Seamless Transfer your Member Direct account - pdf, 310KB

  1. ATO self managed super funds statistical report - the latest copy is available at www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/self-managed-super-funds-smsf/in-detail/statistics/annual-reports
  2. Personal financial product advice is provided under the Australian Financial Services Licence held by a third party and not by AustralianSuper Pty Ltd. Some personal advice may attract a fee, which would be outlined before any work is completed and is subject to your agreement. With your approval, the fee for advice relating to your AustralianSuper account may be deducted from your AustralianSuper account subject to eligibility criteria.
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