What this option is
76% of your money is in growth assets.
The remaining 24% is in defensive assets such as bonds and cash. That puts this option in the 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
74bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
7.0%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelAMIST MySuper
Standard bucketSingle-strategy MySuper default
Growth bandGrowth (75-90% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI28342064803589
Performance testPass
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 |
|---|
Building Unions Superannuation Scheme (Queensland) BUSSQ MySuper | 76% | 114bp | 6.8% |
First Super First Super MySuper | 76% | 108bp | 7.3% |
HESTA HESTA MySuper | 76% | 76bp | 7.4% |
Retail Employees Superannuation Trust REST Super | 76% | 81bp | 6.5% |
