What this option is
64% of your money is in growth assets.
The remaining 36% is in defensive assets such as bonds and cash. That puts this option in the Balanced / Growth band, typically used for 7-10 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 5 years.
Fees
73bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
4.1%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelAMP MySuper No.3 - AMP MySuper Capital Stable
Standard bucketLifecycle MySuper default
Growth bandBalanced / Growth (60-75% growth)
Risk bandHigher risk - about 1 in 5 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 |
|---|
Aware Super MySuper Lifecycle - Manage - Age 64 | 64% | 80bp | 6.0% |
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 63 | 64% | 83bp | 4.3% |
AMP Super Fund AMP MySuper No.3 - AMP MySuper 1950s | 63% | 72bp | 4.2% |
Retirement Portfolio Service ANZ Smart Choice Super for employers and their employees - ANZ Smart Choice 1950S | 63% | 93bp | 5.3% |
