Wrong.
Super funds don't have to buy cba by default. They have investment managers and investment guidelines. They may buy the asx index and get cba as a consequence of that, but not all use the index.
Also, lots of super funds have ethical investment mandates. I think some actively avoid cba because of its ethics.
Also, most super funds won't be loaded up on shares. They will have bonds, cash, short term money markets, infrastructure, commodities and the like. Shares will only be part of their investments
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Price($) | Vol. | No. |
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