Investment News Update

At Cbus Super, we offer a range of investment options to suit our members’ goals, time frames and their preferred levels of risk. We invest across a wide range of asset classes including shares, property, infrastructure, private equity, fixed interest and cash both in Australia and overseas.

Each investment option across Accumulation, Transition to Retirement and Fully Retired has set investment objectives and we review these objectives every year to ensure they meet members’ needs. When we do this, we look at a range of factors including the age of our members, the economic environment and how we expect different types of assets to perform.

We have made the following changes effective 29 September 2023:

Strategic Asset Allocation changes

For our Accumulation suite of investment options, the following changes apply:
The Growth (MySuper) investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 22.5% to 23%
• Increase in the allocation to the ‘Global shares’ asset class from 26.0% to 26.5%
• Reduction in the allocation to the ‘Property’ asset class from 12.0% to 11.0%

The following table shows the strategic asset allocations and their ranges:

In addition to the above SAA changes, the 15% allocation to Global Real Estate Investment Trusts (GREITs) within the Property sector has been removed from the strategic asset allocation in the following investment options:

• High Growth
• Growth Plus
• Growth (MySuper)
• Conservative Growth
• Conservative

There has been no change to the GREIT allocation in the DIY Property investment option.

For our Transition to Retirement (TTR) investment options, the following changes apply:
The Growth investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 22.5% to 23.0%
• Increase in the allocation to the ‘Global shares’ asset class from 26.0% to 26.5%
• Reduction in the allocation to the ‘Property’ asset class from 12.0% to 11.0%

The following table shows the strategic asset allocations and their ranges:

In addition to the above SAA changes, the 15% allocation to GREITs within the Property sector has been removed from the strategic asset allocation in the following investment options:

• High Growth
• Growth Plus
• Growth (MySuper)
• Conservative Growth
• Conservative

There has been no change to the GREIT allocation in the DIY Property investment option.

For our Super Income Stream investment (SIS) options, the following changes apply:
The Growth investment option:

• Increase in the allocation to the ‘Australian shares’ asset class from 25.0% to 25.5%
• Increase in the allocation to the ‘Global shares’ asset class from 24.0% to 24.5%
• Reduction in the allocation to the ‘Property’ asset class from 12.0% to 11.0%

The following table shows the strategic asset allocations and their ranges:

In addition to the above SAA changes, the 15% allocation to GREITs within the Property sector has been removed from the strategic asset allocation in the following investment options:

• High Growth
• Growth Plus
• Growth (MySuper)
• Conservative Growth
• Conservative

There has been no change to the GREIT allocation in the DIY Property investment option.
 

United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as Trustee for the Construction and Building Unions Superannuation Fund ABN 75 493 363 262 (Cbus and/or Cbus Super).

This information is about Cbus Super. It doesn’t account for your specific needs. Please consider your financial position, objectives and requirements before making financial decisions. Read the relevant Product Disclosure Statement (PDS) and Target Market Determination to decide if Cbus Super is right for you.