Class A - Single-strategy MySuper default - Growth

CONSTRUCTION AND BUILDING UNIONS SUPERANNUATION FUND - Growth (Cbus MySuper)

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

Class ADefault - Growth77% growth assetsSuggested timeframe: 7-10 yearsIncluded in ranked comparison

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

86bp

Total annual fee estimate for a $50,000 balance in the APRA data snapshot.

10-year net return

7.5%

Past performance is not a reliable indicator of future performance.

Classification evidence

Original fund labelGrowth (Cbus MySuper)

Standard bucketSingle-strategy MySuper default

Growth bandGrowth (75-90% growth)

Risk bandHigher risk - about 1 in 5 years with a negative annual return

USI75493363262473

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.

Evidence source Trustee source

Similar options

Fund / option	Growth	Fees	10y net
legalsuper MySuper Balanced	77%	110bp	7.2%
Australian Meat Industry Superannuation Trust AMIST MySuper	76%	74bp	7.0%
Brighter Super Fund LGIASuper MySuper	78%	70bp	7.0%
Building Unions Superannuation Scheme (Queensland) BUSSQ MySuper	76%	114bp	6.8%