subscribe to our newsletter
Industry fund introduces ‘self-managed’ investment offering

Industry fund introduces ‘self-managed’ investment offering

Reporter
09 September 2014

Cbus Super has launched a self-managed investment option to match the control and flexibility elements of SMSFs, with plans to integrate property into this offering next year.

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.”

Industry fund introduces ‘self-managed’ investment offering
smsfadviser logo
join the discussion

Do your clients plan to add additional members to their SMSF if the new six member limit is passed as law?

SUBSCRIBE TO THE
SMSF ADVISER BULLETIN

Get the latest news and opinions delivered to your inbox each morning

In this month's issue:

  • Time wrap
  • The tech bull run
  • From hobby to passion
  • Golden Years
  • An untimely reminder
  • Why change is so difficult
  • Key Strategies for equalising super