Cbus - Growth (MySuper)
- Last updated on 13 Jul 2020
QSuper Lifetime
Pay no transaction or switching fees and enjoy a range of different investment options
$104
$524
Cbus Super was established in 1984 to service members employed within the building and construction industries, and now allows members from all industries to apply for membership. Cbus Super was the winner of the 2020 Momentum award and was also nominated as a finalist for the 2020 Career Fund of the Year, the 2020 MySuper of the Year, the 2020 Net Benefit and the 2020 Smooth Ride awards.The Growth (Cbus MySuper) investment option is the fund's default option, whilst choice members may also select from a range of other investment options. The Growth (Cbus MySuper) option outperformed the relevant SuperRatings Index over the 5 years to 30 June 2019.Fees for the MySuper product are lower than the industry average across all account balances assessed. The fund does not charge a buy-sell spread or an investment switching fee.Cbus Super's insurance offering allows eligible members to apply for up to $5 million of Death cover and up to $2 million of TPD cover. Members can also apply to increase cover following the occurrence of a prescribed Life Event without additional underwriting. Income Protection of up to 85% of salary, following a 30 or 90 day waiting period is available for professional and non-manual occupational categories only.Cbus provides members with financial advice services and a comprehensive suite of educational tools. The Cbus mobile app also caters for construction workers, with access to contribution transactions, account details, as well as building site tickets, RDO schedule and weather details.
Admin fee $104 | Health insurance |
Administration fee (%) 0.19% | Binding nominations |
Indirect cost ratio (%) | Anti-detriment payments |
Exit fee $0 | Switching fee $0 |
Financial planning service | Employer size discount |
Credit cards | Home loans |
Insurance life event increases | Non-lapsing binding nominations |
Investment fee 0.65% | Long term income protection |
Account size discount |
Fund fees vs. Industry average
Fund past-5-year return vs. Industry average
Investment allocation
Investment option performance
Product | Past 5-year return | Admin fee | Company | Calc fees on 50k | Features | SuperRatings awards | Go to site | |
|---|---|---|---|---|---|---|---|---|
6.23% | $104 | Cbus Corporate Super | $524 | Advisory services Death insurance Income protection Online access Term deposits Variety of options |   | More details | ||
6.23% | $104 | Cbus - Growth (MySuper) | $524 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
6.23% | $104 | Cbus Sole Trader | $524 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details | ||
6.23% | $104 | Cbus Industry Super | $524 | Advisory services Death insurance Income protection Online access Term deposits Variety of options |  | More details | ||
6.23% | $104 | Cbus Personal Super | $524 | Advisory services Death insurance Income protection Online access Term deposits Variety of options | | More details |
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