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What investments can I choose with Superhero Super?

Superhero Super offers a wide range of investment options across Diversified, Single Sector, Thematic and Direct Investments. Our Diversified and Single Sector options are managed by global investment leader Mercer. Our thematic investments are managed by global ETF providers including Betashares and iShares, and our Direct Investments include individual shares in the S&P/ASX300 Index and a range of over 200 ETFs, LICs and Hybrids.

The full list of investments can be found in the Additional Information Guide for Diversified, Single Sector and Thematic investment options and in the Direct Investment Menu for Direct Investments.

What is the difference between Diversified, Single Sector and Thematic Investments?

Diversified, Single Sector and Thematic investments provide a various range of investment strategies and investment exposures for members.

Diversified: our Diversified Investment Options include High Growth, Growth, Moderate and Conservative. These investment options invest in a mixture of growth and defensive assets across most asset classes, including Australian and international shares, property, fixed interest and cash.

Single Sector: our Single Sector Investment Options include Australian Shares, International Shares, Diversified Shares, Australian Listed Property, Australian Fixed Interest, International Fixed Interest (hedged) and Cash. These investment options are focused on a single asset class for members who wish to have a higher allocation to specific asset classes.

Thematic: our Thematic Investment Options include a range of ETFs targeted towards a particular investment theme. These options include U.S. Tech Giants, Asia Tech Tigers, Global Healthcare, Aussie Sustainability Leaders, Global Sustainability Leaders (unhedged), Global Sustainability Leaders (hedged) and Gold.

Which shares and ETFs can I invest in with Superhero Super?

Superhero Super offers members the flexibility to invest in a range of Direct Investments including individual shares in the ASX300 and a range of over 200 ETFs, LICs and Hybrid securities.

The full list of Direct Investments available with Superhero Super are listed in our Direct Investment Menu, including the maximum limits for each individual investment.

How do I invest in ASX shares and ETFs with Superhero Super?

Our Direct Investments option allows you to invest up to 75% of your balance in direct shares listed in the S&P/ASX300 Index, as well as a range of ETFs, LICs and Hybrids alongside the Diversified, Single Sector and Thematic investment options.
As a member of Superhero Super investing in the Direct Investments option, you have access to:

  1. Live market data
  2. Market, limit, recurring and stop loss order types
  3. Company news
  4. Brokerage from $2 (greater of A$2 or 0.10% of brokerage fee per trade)

For full details of the Direct Investments available with Superhero in addition to the applicable fees and costs, please read the Direct Investment Guide and Direct Investment Menu.

How many investments can I choose with Superhero Super?

You are able to select any number of investment options with Superhero Super, with a minimum of one of either our Diversified or Single Sector investment options.

Superhero Super has a range of investment limits which can be found in the Additional Information Guide. To summarise these limits:

  • All members must allocate a minimum of 25% of their balance to an investment from the Diversified or Single Sector investment options
  • Members can allocate a maximum of 50% of their balance across Thematic investment options, with a maximum of 20% in one Thematic investment option
  • Members can allocate a maximum of 75% of their balance to Direct Investments, with the maximum limit for each individual investment ranging from 10% – 50% as listed in the Direct Investment Menu.

Which investment option should I choose?

There are three key factors you should consider when you choose an investment option for your super:

  1. How long you’re investing for (in other words, how far you are from retirement).
  2. Whether you’d like to actively manage your investment options or let the professionals handle it.
  3. How comfortable you are with risk and balancing risk with potential returns.

Members who don’t want to actively manage their investments may want to look at our Diversified Investment Options, while those who want to take a higher degree of control over their super portfolio may wish to invest in Direct Investments, which include shares listed in the S&P/ASX300 index, as well as a range of ETFs, LICs and Hybrids.

Can I invest in shares that aren’t currently listed on Superhero Super?

You are only able to invest in shares that are listed on the Superhero Super Member Portal. Please note, these may change from time to time. 

All available Direct Investments (which includes ASX 300 shares and a select range of ETFs, LICs and Hybrids) are listed in our Direct Investment Menu.

Do I earn interest on cash held in my Superhero Cash Account?

Any funds held in cash in your Superhero  Cash Account are held by a custodian (or sub-custodian) in an account/s with an authorised deposit-taking institution (ADI). Any interest earned will be added to your Superhero  Cash Account.

How do I switch to another investment option?

There are four different ways you can change your investment options for Superhero Super.

Change your contribution and/or rollover allocations

If you would like to change how your balance is allocated across investment options, including adding or removing an allocation to a particular investment option, you are able to do so via the Investments tab in your Superhero Super account. If you would like to add Direct Investments you can also do so here.

Rebalance existing holdings

If you would like to match your existing holding percentages to your most recent allocation settings, you can rebalance your existing holdings to these percentages. Keep in mind that there may be fees incurred as a result of changing your investments.

Switch investment options

If you do not want to change your allocations but wish to move an existing holding from one investment option to another, you can do this by using the ‘switch’ option from the Investments tab of your Superhero Super account.

Buy/sell Direct Investments

If you have allocated a portion of your balance to Direct Investments, you will receive any new funds allocated to your balance as cash for you to then invest. Direct Investments can be bought and sold during the hours that the Australian Securities Exchange is open.

How much does it cost to transfer between investment options?

The fees for changing your investment options depends on which investment options you are moving from/to.

Transaction costs for Diversified and Single Sector options differ depending on the investment option, details can be found in the Additional Information Guide.

Each transaction in the Thematic investment options category will incur brokerage costs of 0.11% of the transaction value.

Each transaction in the Direct Investments category will incur brokerage of the greater of A$2 or 0.10% of brokerage fee per trade

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