Updated - 20 May 2026 - Q2 2026 dataIndependent research desk - General information only, not personal financial adviceMelbourne, Australia
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Class A - Single-strategy MySuper default - Balanced / Growth

CareSuper - Balanced (MySuper)

Representative MySuper/default products that can be compared under one single-strategy peer group.

Class ADefault - Balanced / Growth71% growth assetsSuggested timeframe: 7-10 yearsIncluded in ranked comparison
What this option is

71% of your money is in growth assets.

The remaining 29% 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
97bp

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 labelBalanced (MySuper)
Standard bucketSingle-strategy MySuper default
Growth bandBalanced / Growth (60-75% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI74559365913178
Performance testPass
Source statusComparable APRA metrics confirmed.
Comparison statusIncluded in ranked default comparison.
Data limitationExcluded from ranked comparison until source and cohort data are confirmed.
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