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Cbus super: Performance, features and fees

Cbus is an industry super fund aligned to the building and construction industries and open to all Australians to join.

Cbus super options

You'll initially be invested in the Growth option which is the default MySuper product, however you can change investment options at any time after joining.

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Name Last 1 year performance (p.a.) Last 3 year performance (p.a.) Last 5 year performance (p.a.) Last 10 year performance (p.a.) Fees on $50k balance (p.a.)
Cbus Growth
Industry fund
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Cbus Conservative Growth
Industry fund
Last 1 year performance (p.a.)
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Cbus Conservative
Industry fund
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Cbus High Growth
Industry fundHigher risk
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The information in the table is based on data provided by Chant West Pty Ltd (AFSL 255320) which is itself supplied by third parties. While such information is believed to be accurate, Chant West does not accept responsibility for any inaccuracy in such information. Chant West’s Financial Services Guide is available at https://www.chantwest.com.au/financial-services-guide . Finder offers no guarantees or warranties about the data and we recommend that users make their own enquiries before relying on this information. Performance, fees and insurance data is based on each fund's default MySuper product. Where the performance, fees and insurance data for the MySuper fund vary according to the member's age, results for individuals between 40-49 years of age have been shown. Past performance is not a reliable indicator of future performance.

*Past performance data is for period ending June 2023 and fee data is updated monthly.

Features of Cbus super

  • Industry super fund. Cbus is an industry super fund, which means it's run to benefit members rather than shareholders. It began as a fund for the building and construction sector; however, anyone is now free to join.
  • Choose from 5 ready-made investment options. Choose between 5 pre-mixed investment portfolios.
  • MySuper investment option. The Cbus Growth option is the default low-fee, no-frills MySuper option for members who don't wish to choose their own investment option. It's designed to suit most members.
  • Invest in the building industry. Cbus investments include investment in infrastructure which in turn supports the industry that many of its members work in.
  • Default insurance cover. Eligible members receive automatic death and total permanent disablement (TPD) cover.
  • Consolidate your super online. You can opt to consolidate your existing super into your new Cbus account when joining or any time after you've joined by logging into your online portal.

Cbus investment options

Pre-mixed investment portfolios

You can choose between a range of ready-made diversified investment portfolios, or stick with you default MySuper option. Each portfolio offers a different mix of high-risk growth assets and low-risk defensive assets. As such, each portfolio carries a different risk level. You can see what assets are classed as growth and defensive below:

  • Growth assets: Australian and international shares, private equity, infrastructure and property, alternatives.
  • Defensive assets: Infrastructure, property, fixed income and cash (such as term deposits).

If you don't want to make a choice, you'll be placed in the Growth option, which is the authorised MySuper option.

Portfolio Risk level Benchmark asset allocation
Growth (MySuper)

This is the default option, and is designed to suit most members. It invests in more growth assets and aims to deliver consistent, high returns over the long term.

Medium to HighGrowth assets: 72%

Defensive assets: 28%


This is the lowest risk portfolio option, offering more reliable returns and less possibility of negative returns in the short term. However this option doesn't aim for as high of returns as the other options over the long term. It has about two thirds of your balance invested in defensive assets.

Low to mediumGrowth assets: 31%

Defensive assets: 69%

Conservative Growth

This portfolio invests in growth and defensive assets equally, offering some growth plus the stable returns of fixed interest and cash.

MediumGrowth assets: 52%

Defensive assets: 48%

High Growth

This option has the highest allocation to growth assets, and aims for higher returns over the long term.

HighGrowth assets: 92%

Defensive assets: 8%

What insurance options are available with Cbus?

You can choose a level of cover that suits you based on how manual our job is. All members will receive the following insurance automatically when you join the fund, provided you have no pre-existing conditions:

  • Death. This is paid to your beneficiary (usually your spouse or a member of your immediate family) in the event of your unexpected death.
  • Total and permanent disability (TPD). This is paid to you in the event you become disabled and can no longer work.

If you're under 25 with a low balance (less than $6000) you won't have any insurance cover applied automatically. You can increase, reduce or cancel your cover altogether at any time after joining. You also have the option of adding income protection insurance and life insurance cover at any point.

How to join Cbus super?

You can join online at any time. The application process is simple and should take you less than 20 minutes to complete.

As well as your full name and date of birth, make sure you have the following details handy before you start the application:

  • Your Australian residential address
  • Your phone number and email address
  • Your tax file number (TFN)
  • Your chosen investment option and insurance cover
  • Details of your existing super fund if you'd like to consolidate your funds during the application process

Once your application has been completed successfully, you'll receive your membership details by email.

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14 Responses

    Default Gravatar
    DeanOctober 31, 2023

    Hi I had a phone call from a financial advisor/ super fund asking me to roll my existing super fund over to them. Telling me they could earn me a lot more money better insurance ect. I was caught of guard a bit and expected there offer gave them my details singed there forms sent them a copy of my drivers license. (2 days ago ) I am now regretting my actions of signing my super over to them is there any way I can stop this before it is rolled over or put a block on my existing super fund form this happening

      SarahNovember 1, 2023Finder

      Hi Dean, We recommend you call your existing super fund directly and explain the situation and ask what your options are. If they are not able to assist, contact the new super fund and ask to halt the transcation. There is often a cooling off period, though the rules on cooling-off periods vary between states and territories. If you believe you’ve been pressured into taking action you didn’t want to take, you may be able to lodge a complaint with AFCA: https://www.afca.org.au/make-a-complaint/superannuation

      Hope this helps!

    Default Gravatar
    ClayJune 13, 2023

    Is AustralianSuper high growth better performing fund than Cbus high growth over the the long term?

      AlisonJune 22, 2023Finder

      Hi Clay,
      AustralianSuper High Growth has reported a return of 9.74% p.a. over the 10 years to Dec 2022. Over the same time period, Cbus High Growth reported a return of 9.83% p.a., so the funds have had very similar returns over the past decade.

    Default Gravatar
    AndrewMay 29, 2023

    Can you manage your own super, as to what percentage goes into investments and direct cash etc.

      AlisonJune 1, 2023Finder

      Hi Andrew, Cbus isn’t an SMSF so you don’t have 100% control over where each dollar is invested. However, you can split your balance up between a range of different investment options available using their single asset class investment options.

    Default Gravatar
    MichelleMarch 15, 2023

    Does CBus have Binding Nominated Beneficiaries – for Death benefit nominations?

      SarahMarch 17, 2023Finder

      Hi Michelle,

      Yes, if you make a valid binding benefit nomination for your Cbus account, they will pay your funds to people you nominate, in the percentages you choose.

      Without a binding nomination, Cbus will determine who the money goes to and in what percentages, based on who your dependants are and who would expect to receive your ongoing financial support at the date of your death.

      Hope this helps!

    Default Gravatar
    DarrenAugust 1, 2019

    what will it cost me to transfer all my super to Cbus

      FayeAugust 2, 2019Finder

      Hi Darren,

      Thanks for contacting Finder.

      I’m afraid we currently don’t have that information. Please visit the Cbus website or please contact them directly.


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