What this option is
78% of your money is in growth assets.
The remaining 22% 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
103bp
Total annual fee estimate for a $50,000 balance in the APRA data snapshot.
10-year net return
6.5%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelMySuper - MySuper Age 55
Standard bucketLifecycle MySuper default
Growth bandGrowth (75-90% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI70732426024883
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 |
|---|
Mercer Super Trust Mercer SmartPath - Mercer SmartPath - Born 1964 to 1968 - CSD | 78% | 84bp | 7.0% |
MLC Super Fund MySuper - MySuper Under 55 | 78% | 103bp | 6.5% |
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 50 | 78% | 82bp | 6.3% |
AMP Super Fund AMP MySuper No.3 - AMP MySuper 1960s | 79% | 83bp | 5.5% |
