What this option is
91% of your money is in growth assets.
The remaining 9% is in defensive assets such as bonds and cash. That puts this option in the High Growth band, typically used for 10+ years or longer.
Caveat: Higher growth means more potential upside over the long run, but also more volatility year to year. This option's risk label expects a negative annual return about 1 in 4 years.
Fees
88bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
7.3%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelAMP MySuper No.3 - AMP MySuper 1990s
Standard bucketLifecycle MySuper default
Growth bandHigh Growth (90-100% growth)
Risk bandHigh risk - about 1 in 4 years with a negative annual return
USI78421957449538
Performance testUnknown
Source statusComparable APRA metrics confirmed.
Comparison statusIncluded in ranked default comparison.
Data limitationNo public data limitations identified.
Similar options
| Fund / option | Growth | Fees | 10y net |
|---|
AMP Super Fund AMP MySuper No.3 - AMP MySuper 1970s | 91% | 90bp | 7.2% |
AMP Super Fund AMP MySuper No.3 - AMP MySuper 1980s | 91% | 89bp | 7.5% |
Australian Retirement Trust QSuper Lifetime - Aspire 1 Group | 90% | 67bp | 7.2% |
Australian Retirement Trust QSuper Lifetime - Outlook Group | 90% | 66bp | 7.0% |
