SPEC Super - generating wealth An Industry SuperFund

Different Investment Choice for your Existing Account Balance and Future Account Balance (future contributions)

 

From 1 March 2009, you are able to nominate one investment option, or a mix of different options, separately for your Existing Account Balance and your Future Account Balance. Any such nomination will be effective from the start of the following month as per investment switching arrangements. For example, you may elect as follows:

• Existing Account Balance Mix of 50% Balanced / 50% Growth (High Risk)
• Future Account Balance 100% Cash

If you make no election in relation to your Future Account Balance, your nominated investment choice percentage for your Existing Account Balance will also apply to future contributions. Conversely, if you make no investment choice selection, your Existing Account Balance and Future Account Balance will be invested in the default Balanced option.

 

The ability to nominate a different mix of investment options for your existing account balance and your future contributions will provide additional flexibility, and will allow you to diversify your account, without necessarily having to undertake an investment switch.