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What’s MySuper?

MySuper is the default option for members who don’t choose how to invest their super. You can choose to invest in MySuper, select from our other investment options or you can have a combination of these. 

Our MySuper option invests in higher growth investments when you’re younger to give your super more opportunity to grow. 

As you get closer to retirement age, we’ll gradually replace a portion of the higher growth investments (such as shares and property) with more defensive investments (such as bonds and cash). 

  • You’re still a while off retirement, so we’ll concentrate on growing your super.

    Meet Ben

    25 years old

    Designer at an inner-city agency

    $23,000 in MySuper

    Saving for a deposit on an apartment

    Ben’s aiming for high growth and is prepared to accept the risks if there are falls in the market, as he intends on investing for a long time. Ben’s MySuper has 85% allocation to growth investments such as shares, property and infrastructure. They have potentially higher returns over the long term to help his super grow. However, they tend to have higher risk than investments like cash and fixed interest.
  • As you get closer to retirement, we’ll gradually move some of your MySuper towards more defensive investments such as bonds and cash that may help to reduce the impacts of market ups and downs. Your MySuper balance is adjusted every three months based on the date of your birthday.

    Meet Tracy

    58 years old

    Works part-time in retail

    $123,000 in MySuper

    Starting to think about retirement 

    Tracy’s more interested in growing and preserving the money she’s already saved as she doesn’t have as much time to add to her super. Her MySuper will gradually increase its proportion of defensive investments which may help to reduce the impacts from market volatility, although she still has the majority in growth investments such as shares, property and infrastructure to help it grow.

  • At this time, you may or may not choose to retire. Until you decide what you want to do with your money, we’ll keep investing your MySuper balance with 70% growth investments such as shares and property and 30% defensive investments such as bonds and fixed interest. When you retire, you can choose to withdraw a lump sum or receive a regular income stream from your super—or a combination of the two.

    Meet Hannah

    67 years old

    Works part-time in admin

    $171,000 in MySuper

    She and her partner have no mortgage, a small investment property and a modest share portfolio

    Hannah’s keeping her super balance invested in MySuper as she’s continuing to work part-time, even though she’s reached retirement age. Her MySuper continues to have a mix of growth investments to help it grow as well as some defensive investments which may help to reduce the impact from short-term market falls.

How MySuper changes as you get older

All investments come with some risk. Some investment options will have more risk than others, as it depends on an option’s investment strategy and assets.

The value of an investment with a higher level of risk, ie more growth investments will tend to rise and fall more often and by greater amounts than defensive investments with lower levels of risk.

Our MySuper investment option changes in line with your age. The table below shows how the balance of growth and defensive investments gradually changes depending on your age.


Age Benchmark total growth mix Benchmark total defensive mix
Under 55 years 85% 15%
55 85% 15%
56 84%
57 83%
58 82%
59 80%
60 79%
61 78%
62 77%
63 75%
64 72%
65 and over 70%

The percentage figures in the table above have been rounded to whole numbers.

Learn more about MySuper

Fees and costs

MySuper is designed to be simple and cost-effective – download our MasterKey Business Super PDS for further information on fees and costs.


Visit the Fund Profile Tool for the latest MySuper performance (investment return).


MySuper Dashboard

This dashboard aims to help you understand the performance (investment return), risks and fees for MySuper. Use the MySuper dashboard (PDF) to compare this option to other providers’ MySuper. 

If you decide MySuper is not right for you

It’s always up to you when it comes to investing your super. We offer a range of portfolios if you want to select your own investment options. 

Find out more


Important information

This document contains general information only and so doesn’t take into account your personal financial situation or individual needs. Before acting on the information you should consider whether it is appropriate to your personal circumstances. We recommend that you consider the Product Disclosure Statement (PDS) before you make any decisions about your superannuation. If you need any help in making a decision we recommend that you seek advice from a qualified financial adviser. To obtain a copy of the relevant PDS please contact us on 132 652. NULIS Nominees (Australia) Limited ABN 80 008 515 633 AFSL 236465. Part of the National Australia Bank Group of Companies. An investment with NULIS Nominees (Australia) Limited is not a deposit or liability of, and is not guaranteed by, NAB.