What this option is
72% of your money is in growth assets.
The remaining 28% 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
76bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
6.9%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelEquipsuper 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
USI33813823017672
Performance testPass
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 Ethical Retail Superannuation Fund Balanced (accumulation) | 71% | 119bp | 6.7% |
AustralianSuper AustralianSuper MySuper | 73% | 71bp | 7.8% |
CareSuper Balanced (MySuper) | 71% | 97bp | 7.0% |
IOOF Portfolio Service Superannuation Fund IOOF MySuper | 74% | 106bp | 6.7% |
