We offer a range of investment options to suit our members’ goals, time frames and preferred levels of risk and invest across a wide range of asset classes in Australia and overseas including shares, property, infrastructure, private equity, fixed interest and cash.
Each investment option across our product suite has set investment objectives and we review these objectives every year to ensure they meet members’ needs, looking at a range of factors including member demographics, the economic environment and how we expect different types of assets to perform.
As a result of the FY2025/26 annual review, we have made the following changes effective 29 June 2026:
Asset class changes
- The existing ‘Alternatives’ asset class will be split into two asset classes named ‘Growth Opportunities’ and ‘Alternative Defensive’.
New Asset class descriptors:
- Growth Opportunities are investments in a range of growth orientated assets from different markets and securities, such as shares, credit and fixed interest, venture capital, currency and real assets. Derivative-based strategies may also be used to generate additional investment returns.
- Alternative Defensive are investments in a range of different markets and securities, such as credit and fixed interest, shares, venture capital, currency, insurance linked securities and real assets. This asset class is focused on income orientated investments and/or investments that provide diversification benefits. Investment returns are expected to have a lower sensitivity to share markets and interest rate risks.
Strategic Asset Allocation changes
For our Accumulation investment options, the following changes apply:
Growth (MySuper) investment option:
- Increase in the allocation to the ‘Global shares’ asset class from 28.0% to 28.5%
- Increase in the allocation to the ‘Emerging market shares’ asset class from 2.5% to 3.0%
- Reduction in the allocation to the ‘Australian shares’ asset class from 22.5% to 21.5%
The following table shows the strategic asset allocations and their ranges:
|
Growth (MySuper) investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
21.5 |
5.0 - 38.0 |
|
|
Global shares |
28.5 |
7.0 - 39.0 |
|
|
Emerging market shares |
3.0 |
0.0 - 16.5 |
|
|
Private equity |
3.0 |
0.0 - 12.0 |
|
|
Growth opportunities |
1.5 |
0.0 - 13.0 |
|
|
Alternative defensive |
1.5 |
0.0 - 13.0 |
|
|
Infrastructure |
13.5 |
0.0 - 28.0 |
|
|
Property |
9.0 |
0.0 - 28.0 |
|
|
Global credit |
6.5 |
0.0 - 17.0 |
|
|
Australian fixed interest |
4.0 |
0.0 - 23.0 |
|
|
Global fixed interest |
4.0 |
0.0 - 23.0 |
|
|
Cash |
4.0 |
1.0 - 18.0 |
High Growth investment option:
- Increase in the allocation to the ‘Global shares’ asset class from 38.0% to 39.0%
- Increase in the allocation to the ‘Emerging market shares’ asset class from 3.5% to 4.0%
- Reduction in the allocation to the ‘Australian shares’ asset class from 30.5% to 29.0%
The following table shows the strategic asset allocations and their ranges:
|
High Growth investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
29.0 |
15.0 - 48.5 |
|
|
Global shares |
39.0 |
17.0 - 50.0 |
|
|
Emerging market shares |
4.0 |
0.0 - 19.0 |
|
|
Private equity |
4.5 |
0.0 - 13.0 |
|
|
Growth opportunities |
4.0 |
0.0 - 17.0 |
|
|
Alternative defensive |
2.0 |
0.0 - 17.0 |
|
|
Infrastructure |
9.0 |
0.0 - 23.0 |
|
|
Property |
6.0 |
0.0 - 23.0 |
|
|
Global credit |
0.0 |
0.0 - 10.0 |
|
|
Australian fixed interest |
0.0 |
0.0 - 10.0 |
|
|
Global fixed interest |
0.0 |
0.0 - 10.0 |
|
|
Cash |
2.5 |
0.0 - 10.0 |
Growth Plus investment option:
- Increase in the allocation to the ‘Global shares’ asset class from 33.0% to 33.5%
- Increase in the allocation to the ‘Emerging market shares’ asset class from 3.0% to 3.5%
- Reduction in the allocation to the ‘Australian shares’ asset class from 26.5% to 25.5%
The following table shows the strategic asset allocations and their ranges:
|
Growth Plus investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
25.5 |
10.0 - 45.0 |
|
|
Global shares |
33.5 |
10.0 - 45.0 |
|
|
Emerging market shares |
3.5 |
0.0 - 19.0 |
|
|
Private equity |
3.5 |
0.0 - 13.0 |
|
|
Growth opportunities |
3.0 |
0.0 - 13.0 |
|
|
Alternative defensive |
2.0 |
0.0 - 13.0 |
|
|
Infrastructure |
11.0 |
0.0 - 28.0 |
|
|
Property |
8.0 |
0.0 - 28.0 |
|
|
Global credit |
3.5 |
0.0 - 17.0 |
|
|
Australian fixed interest |
2.0 |
0.0 - 15.0 |
|
|
Global fixed interest |
2.0 |
0.0 - 15.0 |
|
|
Cash |
2.5 |
0.0 - 15.0 |
Index Diversified investment option:
- The range for the 'Global shares' asset class has reduced from 10.0 - 60.0 to 20.0 - 60.0
- Increase in the allocation to the ‘Global shares’ asset class from 43.0% to 44.0%
- Reduction in the allocation to the ‘Australian shares’ asset class from 32.0% to 31.0%
The following table shows the strategic asset allocations and their ranges:
|
Index Diversified investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
31.0 |
15.0 - 55.0 |
|
|
Global shares |
44.0 |
20.0 - 60.0 |
|
|
Emerging market shares |
0.0 |
0.0 - 10.0 |
|
|
Australian fixed interest |
10.0 |
0.0 - 40.0 |
|
|
Global fixed interest |
10.0 |
0.0 - 40.0 |
|
|
Cash |
5.0 |
1.0 - 40.0 |
Conservative Growth investment option:
- Increase in the allocation to the ‘Global shares’ asset class from 19.0% to 19.5%
- Reduction in the allocation to the ‘Australian shares’ asset class from 15.5% to 15.0%
The following table shows the strategic asset allocations and their ranges:
|
Conservative Growth investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
15.0 |
1.0 - 31.0 |
|
|
Global shares |
19.5 |
0.5 - 32.0 |
|
|
Emerging market shares |
2.0 |
0.0 - 14.0 |
|
|
Private equity |
0.0 |
0.0 - 10.0 |
|
|
Growth opportunities |
0.0 |
0.0 – 12.5 |
|
|
Alternative defensive |
2.5 |
0.0 – 12.5 |
|
|
Infrastructure |
10.5 |
0.0 - 25.0 |
|
|
Property |
7.0 |
0.0 - 25.0 |
|
|
Global credit |
8.0 |
0.0 - 18.0 |
|
|
Australian fixed interest |
9.0 |
0.0 - 48.0 |
|
|
Global fixed interest |
9.0 |
0.0 - 48.0 |
|
|
Enhanced income |
6.5 |
0.0 - 47.0 |
|
|
Cash |
11.0 |
0.0 - 47.0 |
Conservative investment option:
- Increase in the allocation to the ‘Global shares’ asset class from 9.0% to 9.5%
- Reduction in the allocation to the ‘Australian shares’ asset class from 7.0% to 6.5%
The following table shows the strategic asset allocations and their ranges:
|
Conservative investment option (Accumulation) |
Strategic asset allocation |
% |
Range % |
|
Australian shares |
6.5 |
0.0 - 18.0 |
|
|
Global shares |
9.5 |
0.0 - 18.5 |
|
|
Emerging market shares |
0.0 |
0.0 - 9.5 |
|
|
Private equity |
0.0 |
0.0 - 7.5 |
|
|
Growth opportunities |
0.0 |
0.0 - 9.5 |
|
|
Alternative defensive |
1.5 |
0.0 - 9.5 |
|
|
Infrastructure |
7.0 |
0.0 - 17.0 |
|
|
Property |
5.5 |
0.0 - 17.0 |
|
|
Global credit |
14.0 |
0.0 - 21.5 |
|
|
Australian fixed interest |
13.0 |
0.0 - 60.0 |
|
|
Global fixed interest |
13.0 |
0.0 - 60.0 |
|
|
Enhanced income |
8.5 |
0.0 - 59.0 |
|
|
Cash |
21.5 |
0.0 - 59.0 |
More information
If you have any questions about your account or your investments, please call our Advice team on 1800 640 886 at no additional cost for our members.
United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 as Trustee for the Construction and Building Unions Superannuation Fund ABN 75 493 363 262 offering Media Super products (Media Super).
This information is about Media Super. It doesn’t account for your specific needs. Please consider your financial position, objectives and requirements before making financial decisions. Read the relevant Product Disclosure Statement (PDS) and Target Market Determination to decide what’s right for you. Call 1800 640 886 or visit mediasuper.com.au