I had no idea where my lost super was or the names of the funds. I just new it was scattered everywhere and I should definitely have more than $3,000 in my super. Australian Super Finder found all 7 of my funds and now my balance is almost $50,000. Thank you so much for getting my super back on track. ? Leonie, Thomastown VIC

Super Investments Options

What Happens to Your Money Inside Super?

There are retail funds, industry funds, public sector, and self-managed super funds. They have different features and charge different amounts to manage your money.

There are ways in which a fund can invest your money in various things like buying shares and companies and property. The funds call this investment options. Most funds provide a range of choices from high-growth to conservative. Usually, if you don't choose an investment option, you'll be placed in your fund's MySuper option, that will have a balanced growth asset on occasion.

You can usually change your investment if you want to. In general, many individuals opt for high returns towards taking a high risk. When the funds earn income from investing in super, it adds back to your balance, so your super grows. This will add up over your lifetime. Making small but regular contributions can make a big impact over the long term.

Balanced Fund for Super

Did you know five fund classes will be classified by how much the fund is diluted with fund investments? By default, we're in a balanced fund which is approximately valid for 30% or more with cash. 30% of your money is not working.

In changing your fund class, you will instantly enhance your growth. You also increase your downside risk. But you can do something about it.

Super can be complicated. So to find out more on how to choose a super fund that suits you, go to www.australiansuperfinder.com.au.

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