Learn about the basics of investing your money.
Ever wonder how your super grows?
Here are some important things to understand.
Your super is invested... but it isn’t just one investment – it’s usually a portfolio of different investments in different markets. All markets experience their own fluctuations due to economic developments, market demand and even political factors. When individual investments fluctuate, your overall super balance will too. It can change daily... so taking a long-term view of super investments is important.
Our member app is a great way to keep an eye on your super. Tap on the investments tab to see how your super is spread over different investments. Everyone’s position is different, but your super might include a mix of lower-risk defensive assets like cash, and higher-risk growth assets like shares.
The app shows how many units you own in each investment and how its value contributes to your overall super balance. From time to time, you may want to change your investments... but remember that over the
long term and in challenging times such as during the Coronavirus pandemic, the markets’ ups and downs can balance out to help keep your super on track and growing for the future.
To learn more, visit our website today. cfs.com.au/app