Super is a long-term investment and one of the keys to a comfortable retirement lifestyle.

As a Super SA Select member, you can choose to invest your super in either the Balanced or Cash option. You can switch between these two investment options at any time.

All your super must be invested in one of two investment options.

Before choosing an investment option you should think about:

  • your current financial position
  • your age
  • when you plan to retire
  • how long your super will need to last
  • your risk and return preferences.

Each option has different objectives1 and characteristics for you to consider.

Note that changes to the Balanced investment option will be made on 1 January 2016. For details see the Investments page.

Investment option Target rate of return Investment time horizon Risk of negative returns
Balanced CPI + 3.5% 7 yrs + On average 3 to 4 years in 20
Cash Maintain value of capital 0 yr + On average less than 0.5 years in 20

Generally speaking, as the risk of negative returns rises, so does the potential for a higher return.

As well as understanding the general risks of investing it's important to consider the level of risk involved with each investment option.

Take an interest in how your super is invested.

Find out more about each investment option and use the ‘What Type of Investor Am I?’ Calculator along with a professional financial adviser to help you assess your situation and understand your options.

Keep tabs on how your super is growing with the latest unit prices.

Analysing the market as a whole and knowing how different sectors and shareholdings are performing can help you. Find out more in the Investments section.


1 Investment objectives state what each option aims to achieve. They are designed to help members with their investment decisions. The objectives have been determined having regard for the long term performance and characteristics of financial investment markets and taking into account expert advice from Wills Towers Watson. There is no guarantee, however, that the objectives will be met. This is because financial markets are volatile and future returns may vary from past returns. Indeed, for funds with exposure to growth assets there is a material likelihood that returns may be negative in any particular year.