TermPlus is not a bank. It is a high-yield online term account, designed to deliver attractive and reliable monthly income.

Income can be paid directly into your Superhero wallet each month, or reinvested to generate compounding returns. TermPlus works with leading investment institutions such as Pengana Capital Group to help deliver better returns on your savings.

TermPlus’ goal is to make wealth-building simple, rewarding and reliable.

Superhero gives you seamless access to TermPlus alongside your trading and investing accounts.

• One platform for investing: Manage your TermPlus investment alongside your shares, ETFs and Super.

• Streamlined experience: No need for multiple logins or account setups.

• Trusted platform: Superhero provides a secure and simple way to invest with low fees and easy access to your portfolio.

By investing in TermPlus through Superhero, you get the benefits of a high-yield term investment while keeping all your financial assets in one place.

TermPlus could complement your Superhero investment portfolio by adding an option for a fixed-term income stream. Whether you're reinvesting for growth or using the income elsewhere, TermPlus just provides extra flexibility and diversification.

Global private credit is generally uncorrelated with listed share markets – that is, there is not a direct connection between share market performance and private credit.

In the case of volatility, TermPlus is also protected by a professionally constructed three-layer protection system designed to help safeguard your earnings. This system is underpinned by the TermPlus Support Account, which includes co-investment from Pengana to help absorb potential losses.

Importantly, your monthly income must be paid in full before any allocations are made to the Support Account. Term account holders have priority access to any income generated by the Support Account over the previous 12 months, which can be used to help meet monthly income targets.

If at maturity the total amount you receive from your Term Account is less than the amount you invested, the Savings Support mechanism may provide a top-up to help cover the difference.