What this option is
77% of your money is in growth assets.
The remaining 23% 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
61bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
6.2%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelQSuper Lifetime - Aspire 2 Group
Standard bucketLifecycle MySuper default
Growth bandGrowth (75-90% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI60905115063256
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 |
|---|
Australian Retirement Trust QSuper Lifetime - Focus 1 Group | 77% | 61bp | 6.3% |
MLC Super Fund MySuper - MySuper Age 56 | 77% | 103bp | 6.5% |
MLC Super Fund MySuper - MySuper Age 57 | 77% | 103bp | 6.4% |
Russell Investments Master Trust GoalTracker - RIMT GOALTRACKER 58 | 77% | 95bp | 6.3% |
