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Have one child. We get nothing tax a or tax b which I dont agree with I beleive we are being screwed. Over. With the 50% tax on super didnt explain myself to well I meant if I had to pull it out due to financial hardhsip they tax you 50%..
I dont really change that much over the last 10 years I have probably switched 3 or so times im at the point now where I dont really bother with it. Is Australian super though just an ameture super fund. For example is there a fund where you can individually pick which shares you want your super invested in ie CBA shares not just pick shares and they invest it in a mix of what they feel is best and return the %p.a that they feel fit to. Most years as well I have been lucky to get 3%pa returns whats the point.....
This is how AustralianSuper rates the risk of Australian Sustainable shares:
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Risk level for the time invested (Australian Sustainable shares)
Short term (If savings are required in 5 years or less): Very High (Risk Band 7)
Medium term (If savings are required after 5 to 20 years): High
Long term (If savings are required after 20 years or more): Medium to high
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Compare this with how AustralianSuper rates the risk of Australian Shares:
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Risk level for the time invested (Australian Shares)
Short term (If savings are required in 5 years or less): High (Risk Band 6)
Medium term (If savings are required after 5 to 20 years): Medium
Long term (If savings are required after 20 years or more): Low to medium
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You have chosen a higher risk investment option and you are attempting to blame AustralianSuper for how this is performing in the short term.
Not only that, the Australian Sustainable Shares option does not involve the potential of a higher yield or increased capital gain in exchange for the higher risk, it only means you will be investing in shares which "are performing well by financial as well as environmental, social and corporate governance standards."
In other words, you have invested in "feel good" shares and now you complain about the short term outcome.
In answer to your specific question, AustralianSuper allows people to invest directly in the share market from a range of 300 ASX shares (including CBA shares although this would most likely not be a good investment at this time) and ETFs. However, this method of investing is not suitable for you. You have demonstrated by investing in Australian Sustainable Shares rather than Australian Shares (for example) that you are likely to make very poor investment decisions based on factors such as "feeling good".
In the short term I would suggest at the very least that you move your super funds out of the Australian Sustainable Shares option and place it in the Australian Shares options. I don't know how well Australian Shares are going to do, but there is no upside for Australian Sustainable Shares that is not also available to Australian Shares, with Australian Shares having less risk.
In the longer term you might be better off placing your super funds in the "Balanced" option which spreads the risk over multiple investment options.
I don't really want to advise you on this because superannuation decisions and investment risk is very personal but I cannot see any benefit at all (apart from "feeling good") of having your super funds in Australian Sustainable Shares rather than Australian Shares (for example).