Through an online platform, eligible members can invest directly in companies in the S&P/ASX 300 index, 16 exchange-traded funds, and term deposits from two banks.
In an announcement yesterday, Cbus stated it is proposed that Cbus’s self-managed option will expand investment asset classes to include property and infrastructure.
Cbus chief executive David Atkin said the fund is responding to consumer expectations by offering the control and flexibility features of SMSFs.
“There is a small cohort [of members] who want to have a greater say in managing the spread of their investments and are prepared to pay a bit extra to do so,” Mr Atkin said.
“They can enjoy the flexibility to do this while continuing to have access to the administrative and compliance services that the fund provides.”