What this option is
61% of your money is in growth assets.
The remaining 39% 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.
Classification evidence
Original fund labelMercer SmartPath - Mercer SmartPath - Born 1949 to 1953 - CSD
Standard bucketLifecycle MySuper default
Growth bandBalanced / Growth (60-75% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI19905422981252
Performance testUnknown
Source statusComparable APRA metrics confirmed.
Comparison statusIncluded in ranked default comparison.
Data limitationNo public data limitations identified.
