Hi,

i would like to get a bit more control of my super with out setting up a smsf whic is not viable at the this time for me.

i am interested in having it invested in Gold (paper gold or physical gold but not actual shares in gold mining companies) or silver or other precious metals or in a fixed term deposit with an ADI or an any combination of these. i dont want it in "fixed interest" such as any kind of bond.

the closest i have found to this is mcquaries super manager

com.au/mgl/au/personal/superannuation/superannuation-plans/super-manager

but im still waiting for them to get back to me to ask some questions.

they allow investment in "CHESS sponsored ASX listed securities, including shares and other listed securities such as property trusts and self-funding instalment warrants" and i heard that bullion vault had an asx listing which gives u exposure to gold so i was hoping
i could get into that somehow but im guessing it wont meet their criteria.

other than that i dont know what options there are. does anyone have any advice?

thanks in advance.

So i take it that its not in a SMSF at the moment. Is it with a industry superfund ?

The ASX listed 'bullion' I suspect you are referring to is GOLD which is an ETF.

the Macquarie site says:

ASX listed securities
Access to all approved CHESS sponsored ASX listed securities, including shares and other listed securities such as property trusts and self-funding instalment warrants.

Term deposits
Purchase term deposits within your Wrap account to take advantage of higher rates of return. A range of different terms and rates is available.



AustralianSuper is a 'industry fund' that allows directs share ownership. However, from their website

"ASX 200 Shares option may be for you. If you are eligible, investing in the ASX 200 Shares option gives you the opportunity to invest in one or more companies listed in the S&P/ASX 200 Index.
The value of the money you have in the ASX 200 Shares option will increase or decrease, as the prices of shares you have invested in increase or decrease.
You will receive any dividends, distributions or franking credits payable, less taxes and charges as a cash contribution (and not reinvested in ASX 200 stock), credited to your AustralianSuper account as dividends.
...
Am I eligible?
To invest in the ASX 200 Shares option you must: Have a minimum account balance of $10,000 ...."

Unfortunately ETFs , as well as LICs, are not part of the S&P/ASX 200 Index
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so Macquarie looks a better option.

It is a wrap account - check the fees. no point in paying 2% to earn 6% on a TD. Don't gear in super is my only thought. "Gearing merely provides an illusion of wealth". there are few tax benefits for such strategies. Look out for their "structured products" - if you don't understand the complexity, don't partake. The (fee) structure is in favour of the other side.
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but ultimately, sounds like U are taking a punt; on gold and then locking in to interest bearing TDs.