If you do not have a SMSF, but wish to invest your superannuation into a fund with a strategic physical gold allocation, then ABC Bullion can help. We do this via our partnership with brightday, a market leading superannuation provider run by Yellow Brick Road, and Cor Capital, a specialist fund manager that typically invests up to a quarter of its portfolio in physical gold holdings stored in Australia.
This is a potential solution for any Australians wanting to diversify their superannuation investments, and include gold as part of their portfolio.
Getting started is easy – simply open a Complete Super account with brightday, transfer some or all of your existing superannuation money to the brightday platform, and then invest in the Cor Capital fund.
You can also ask your employer to direct future compulsory superannuation contributions to brightday, which can also be invested in Cor Capital.
Download our Superannuation and Physical Gold Investment Guide by clicking the image to the right.
Follow these steps to invest in Cor Capital, and build up your holdings of real physical gold using your super.
1). Open a brightday Complete Super Account
To open an account with brightday, the first step is to register via their platform. From there, the team at brigthday will contact you to help you open a Complete Super account with them. They will give you a product disclosure statement (PDS), which contains information about the key benefits and features of their offering, and they can also answer any questions you may have. Once your completed and signed application has been received, setup usually takes 1-2 business days.
2). Transfer some or all of your Superannuation to brightday
Once your brightday account is established, you can transfer your super from your current super fund, or funds. The transfer (or "rollover") is a straightforward process handled by brightday and you can opt to transfer only a portion of your super balance across. You can also elect to make additional contributions to your brightday account, such as employee and non-concessional contributions.
3). Invest in the Cor Capital Fund
Once your account is funded, you can purchase units in the Cor Capital Fund. The transaction can be completed through your brightday online account. Simply login and purchase the quantity you would like or have been advised as appropriate, much like online share trading. You even have the option to nominate a reinvestment plan for distributions or to dollar cost average for future purchases.
The information presented is general in nature and does not take into account your personal goals and objectives. This information does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision.
brightday Complete Super is a retail superannuation platform, fully owned and operated by Yellow Brick Road. Complete super offers a range of investment options, including managed funds, shares, cash and term deposits, as well as the Cor Capital Fund, a diversified investment portfolio with a strategic holding in physical gold. Complete Super also offers full insurance solutions including life and total and permanent disability, as well as income protection. It is the product of choice for ABC Bullion staff.
About Cor Capital
Cor Capital (AFSL 419924) is the manager of the Cor Capital Fund, a Registered Managed Investment Scheme with a strategic 25% allocation to physical gold. The strategy employed by the Fund has a history of generating stable long-term returns well in excess of inflation and with no material capital drawdowns, including during the GFC. The Cor Capital Fund has been rated Investment Grade by Atchison Consultants since 2015.