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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.
You should contact your financial adviser or this fund before making an investment decision.

  • Platinum
  • 10 Year Platinum Performance
  • Infinity Recognised
Awards
Fund data valid as of May 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $119 $157 -$38
50k $483 $634 -$151
100k $888 $1,169 -$281

Investment Allocation

Intl shares 21.5%
Aus shares 26.5%
Property 13.0%
Alternative 24.0%
Fixed interest 12.0%
Cash 3.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.10%
Investment Fee 0.71%
Switching Fee $0
Exit Fee $35
Account Size Discount No
Employer Size Discount No

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 723,405
Total Assets $32,550,800,000
Year Started 1984
Target Market Construction & Building
Offered to Public? Yes
Fund Type Industry-Public Offer

Fund Highlights - provided by Cbus Industry Super

The major Industry Super fund for people in the building and construction industry.
Established over 30years ago, run to benefit members.
Offer advice services from single issue to referral for full financial plans.
Cbus directly invests in property through its wholly owned subsidiary company, Cbus Property Pty Ltd.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 6.25%
3.68%
10.05%
9.60%
13.90%
12.66%
16.20%
14.73%
1.60%
0.45%
8.70%
8.71%
Fund
Benchmark
High Growth 6.04%
3.45%
11.17%
11.66%
16.88%
15.76%
19.68%
20.40%
-1.34%
-3.15%
9.43%
9.40%
Fund
Benchmark
Capital Stable 4.63%
3.24%
5.95%
5.66%
8.02%
7.34%
8.88%
8.29%
5.16%
4.06%
6.37%
6.70%
Fund
Benchmark
Cash 1.70%
1.74%
2.10%
2.25%
2.29%
2.42%
2.74%
2.94%
3.86%
4.04%
4.16%
4.33%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

Cbus is a MySuper compliant, public offer fund with roots in the construction, building & allied industries. The fund continues to support members by investing partly in construction projects across Australia. The fund is Infinity recognised, reflecting a commitment to ethical and socially responsible investing throughout its operations.

Cbus offers members a selection of 3 diversified options and a Cash option. Choice members have access to Term deposits, ETFs, S&P/ASX 300 Shares, Property and Infrastructure through Cbus Self Managed. The Growth (Cbus MySuper) option has outperformed the SuperRatings Index over the short and long term. All other investment options have also provided generally strong returns to members.

Cbus' fees and charges are low and are clearly defined with transparent disclosure. No additional fees are charged for switching between standard investment options, although an exit fee applies.

Given the nature of the building industry, the fund offers reasonable Death & TPD insurance. Rates are somewhat difficult to compare so care needs to be taken with the guide shown overleaf. As the majority of members are covered under industry redundancy trusts, Income Protection cover is not directly available; however, members may apply through an external arrangement with the Cbus Income Continuance Portfolio.

Cbus offers members low cost retirement and financial planning services, health insurance and a free mobile app. The fund has also pleasingly taken an industry leading position in increasing transparency and corporate governance disclosures to members.


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