Income hits monthly.
Straight into your Superhero Wallet. Decide whether to reinvest back into your TermPlus account or invest in other securities on Superhero.
Monthly income with Target rates up to 8.50% p.a.^
TermPlus provides everyday Australian investors with steady, attractive monthly income, offering a simple way to achieve competitive returns.
Why invest with TermPlus
Invest within the Superhero App
Manage your TermPlus investment alongside your shares, ETFs and Super on the award-winning Superhero app, winner of WeMoney’s Best for Mobile Experience 2023 award.
No Set up fees or monthly account fees.
Access TermPlus through Superhero with no setup or monthly account fees. The target rate displayed is net of any fees, so you know exactly what you’re earning.
Term Lengths and Target Rates
Start with a minimum balance of $2,000.
1 Year Account
7.35% p.a.^
RBA Cash Rate + 3.00%
2 Year Account
8.00% p.a.^
RBA Cash Rate + 3.65%
5 Year Account
8.50% p.a.^
RBA Cash Rate + 4.15%
Target rates are set as a fixed margin above the RBA Cash Rate. Variable over the course of the term.
Get started with TermPlus
TermPlus offers a fixed term investment with monthly income. Access it through Superhero and start investing today.
| Income paid monthly | |
|---|---|
| Choose between monthly income or reinvesting | |
| Quick & Easy online application | |
| Setup Fees | $0 |
| Monthly Account Fees | $0 |
| Invest with individual, company, trust and SMSF accounts | |
We're invested in your questions
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 invests in mature and diversified global private credit markets, a sector historically used by institutional investors to general stable income-focused returns.
- Your term account target rate is tied to the RBA cash rate plus a fixed margin, meaning it adjusts with interest rate movements.
- Unlike equities or crypto, private credit isn’t directly affected by market volatility.
- The portfolio is diversified across high-quality credit assets, aiming to provide steady income and capital stability.
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.
The issuer of units (Term Accounts) in TermPlus (ARSN 668 902 323) is Pengana Capital Limited (Pengana) (ABN 30 103 800 568, AFSL 226 566). Any advice provided is general in nature and does not take into account your particular objectives, financial situation or needs. You should consider the TermPlus PDS and TMD before investing in TermPlus.
^ Any reference to a target rate is current as of today, and is a reference to the investment objective for the relevant account option in TermPlus, which may vary during the term. Importantly, target rates are not guaranteed, and any investment is subject to investment risks. Any forecasted returns may not reflect actual performance, and past performance is not a reliable indicator of future performance.
Pengana is not a bank and is not regulated by the Australian Prudential Regulation Authority. Investing in TermPlus is not the same as depositing money with a bank. For further details, please see the Important Information page on our website.