What this option is
84% of your money is in growth assets.
The remaining 16% 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
88bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
7.6%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelMySuper Lifecycle - Manage - Age 57
Standard bucketLifecycle MySuper default
Growth bandGrowth (75-90% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI53226460365073
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 |
|---|
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 40 | 84% | 81bp | 7.4% |
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 41 | 84% | 81bp | 7.3% |
Colonial First State FirstChoice Superannuation Trust FirstChoice Employer Super - CFS Lifestage (1970-1974) | 83% | 73bp | 7.4% |
Essential Super Essential Super - Lifestage 1970-74 option | 83% | 72bp | 7.3% |
