Default investment strategy
Designed to adapt to your stage in life, our default investment strategy helps you get the most from your super
A strategy for your future
We want to make super easy for you, so if you don't want to choose your investment option, your super will automatically be invested using our default strategy.
It’s quite simple: we’ll invest your money in a suitable MySuper option according to your age.
Before you turn 51, your super is invested in the Growth Plus option, then gradually moves to the Balanced Growth option.
MySuper - how our default strategy works
If you are 47 years old, with 100% of your super invested in the Growth Plus option, the default strategy would change as follows:
- When you turn 51, we will switch 1/3 of your money from the Growth Plus option to the Balanced Growth option.
- When you turn 52, we will switch 1/2 of the remaining money from the Growth Plus option to the Balanced Growth option.
- When you turn 53, we will switch the remaining funds you have in the Growth Plus option to the Balanced Growth option.
All your money will then be invested in the Balanced Growth option. The switches between the MySuper options through the default strategy will happen automatically, within three months of each relevant birthday. Just as your account balance is transitioned from one investment option to another, any contributions received will be allocated to the Growth Plus and/or Balanced Growth option(s) proportionally according to your age. You can opt into or out of the default strategy at any time.
What is MySuper?
Since 1 January 2014, employers have been required to make Superannuation Guarantee (SG) contributions into an authorised MySuper product on behalf of members who have not made an investment choice with their super.
Catholic Super is authorised by the Australian Prudential Regulation Authority (APRA) to offer our Growth Plus and Balanced Growth investment options as our MySuper investment options.
We're here to help
We can help guide you if you have any questions about our default investment strategy.