To help you grow a healthy nest-egg for retirement, when you join AMP super, you’re given a choice about how you’d like it to be invested.
If you don’t make a decision or prefer to be a little more hands-off with your super investments, then you will be invested in the MySuper investment option.
If you want to be more involved with your super’s investment decisions, then you can choose up to 15 different options from our standard investment menu of around 30 options.
Choosing your own super investments
Choosing your own super investment mix gives you the flexibility and control to build your portfolio as you like. You can choose up to 15 investment options across a range of different investment approaches. More on these below.
To find out more about the options available in your super account, check out your investment guide or visit My AMP .
How to make an investment choice
Here’s a step-by-step approach to making an investment choice for your super, so you can feel more informed and in control.
Step 1 – Talk to an expert
We recommend you consider receiving advice from a financial adviser before selecting investment options.
If you don’t already have a financial adviser, and you’re an AMP Super member and would like advice about how your super’s invested, you can book complimentary simple super advice with one of our phone-based advisers.
Step 2 – Consider these things
Here are three things to consider before you start:
- Your investment goals: Are they short-term or long-term goals? How much will you need?
- Your timeframe: When do you want to retire? If you’ve already retired, how long will your money last? To get started, check out our retirement simulator.
- Your attitude to risk: Are you comfortable with negative returns in the short-term when seeking higher returns over the long-term? Or are you more comfortable with moderate and consistent returns? More on this below.
Step 3 – Understand your attitude to risk
Everybody has different goals for their super, when they’re planning to retire, and how they feel about risk. These goals will change over time too, depending on circumstances and life-stages.including
To help decide what investment approach might suit you, it’s a good idea to speak to a financial adviser. And in the meantime, you can also try our risk simulator tool - a quick way to help you work out your investment style and what types of investments you might consider, but it’s not a replacement for personalised financial advice.
Step 4 – Understand your options
There are a number of ways you can approach your super’s investments. Here are some key approaches to consider:
- Index investing also known as passive investing. This approach aims to match the median results of the market. It’s seen as a low-cost way to generate returns over the long-term.
- Active investing means active decisions are made about how your super is invested, with the goal of outperforming the market.
- ESG investing (or ethical, social and governance investing). For good reason, many people want to make sure their super is being invested responsibly.
- Growth assets eg shares and property. These usually have a higher level of volatility than defensive assets and their asset values can change day-to-day (sometimes by a lot). However, they have the potential for higher returns than defensive assets over the longer-term.
- Defensive assets eg cash and fixed interest. These are less volatile than growth assets, however their overall return potential is also lower.
Remember: You don’t have to choose one option. You can mix it up depending on your risk profile and goals.
Step 5 – Getting into the details
Once you’re clear about the style of investor you are, and general the approach you’d like your investments to take, there’s another layer or choice you can think about or discuss with your adviser.
|Single sector||Invests only in one asset class like Australian shares, global shares or Australian fixed interest.|
|Multi sector||Invests across multiple asset classes, providing more diversification across investments.|
We’ve adopted the AMP Capital ESG and Responsible Investing Philosophy for assets managed by AMP Capital - including MySuper, Future Directions and the Specialist range.. Check out your investment guide for more details.
We also have an ESG focussed option called Pendal Sustainable - Pendal has more than 35 years’ experience managing dedicated ethical and sustainable strategies.
The multi-manager approach to investing uses a range of investment managers within a single investment option.
By blending investment managers with different styles into a single investment portfolio, multi-manager investment options are expected to deliver more stable returns across different stages of the economic and market cycle than a single investment manager.
Step 6 – Make your investment choice
Once you’re clear about your goals, risk profile and options, you can start thinking about which investment choices you’re ready to make. A financial adviser can help you choose the options that suit you.
You can also make an investment choice and review your investments in My AMP.
Step 7 - Reviewing your choices
An annual review of your investment choices is usually worthwhile. This is because personal preferences, financial situations and long-term goals tend to change over time, meaning your investment strategy should be reviewed and adjusted to meet your new needs.
How your super is invested01 October 2021 When money goes into your super account, it gets invested for you, aiming to help your super balance grow over the longer term Read more
Investment risk and your super30 September 2021 With every investment comes risk, so it’s important to understand what the risks are and how they can be managed. Learn about the investment risks associated with super. Read more
What is MySuper?17 October 2021 MySuper is a simple default investment option. It is intended by the government to make comparing super products easier based on key differences like cost and investment performance. Find out more with AMP Read more
This information is general only, hasn’t taken your circumstances into account, and is provided by AWM Services Pty Ltd ABN 15 139 353 496 (AWM Services), which is part of the AMP group (AMP).
Products in the AMP Super Fund and the Wealth Personal Superannuation and Pension Fund are issued by N.M. Superannuation Proprietary Limited (N.M. Super) ABN 31 008 428 322 (trustee), which is part of the AMP group (AMP). Before deciding what’s right for you, it’s important to consider your particular circumstances and read the relevant Product Disclosure Statement, Target Market Determination or Terms and Conditions available from AMP at amp.com.au or by calling 131 267. Read AMP’s Financial Services Guide for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.
Simple super (intrafund) advice is provided by ipac Securities Limited ABN 30 008 587 595, AFS Licence No. 234656 (IPAC) to eligible members of the AMP Super fund. IPAC is a wholly owned subsidiary of AMP.