What this option is
73% of your money is in growth assets.
The remaining 27% 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
71bp
Total annual fee estimate for a A$50k balance in the APRA seed snapshot.
10-year net return
7.8%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelAustralianSuper MySuper
Standard bucketSingle-strategy MySuper default
Growth bandBalanced / Growth (60-75% growth)
Risk bandHigher risk - 1 in 5 years negative
USI65714394898856
Performance testPass
APRA data gradeC
Source stateManual Verification Required Bot Blocked
Blocking flags1
Similar options
| Fund / option | Growth | Fees | 10y net |
|---|
equipsuper Equipsuper MySuper | 72% | 76bp | 6.9% |
Prime Super MySuper | 74% | 109bp | 6.7% |
IOOF Portfolio Service Superannuation Fund IOOF MySuper | 74% | 106bp | 6.7% |
CareSuper Balanced (MySuper) | 71% | 97bp | 7.0% |