What this option is
88% of your money is in growth assets.
The remaining 12% 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
95bp
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 labelGoalTracker - RIMT GOALTRACKER 53
Standard bucketLifecycle MySuper default
Growth bandGrowth (75-90% growth)
Risk bandHigher risk - about 1 in 5 years with a negative annual return
USI89384753567742
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 1969 to 1973 - CSD | 88% | 81bp | 7.5% |
Aware Super MySuper Lifecycle - Grow - Age 55 and under | 89% | 91bp | 7.7% |
Colonial First State FirstChoice Superannuation Trust FirstChoice Employer Super - CFS Lifestage (1975-1979) | 89% | 73bp | 7.6% |
Essential Super Essential Super - Lifestage 1975-79 option | 89% | 72bp | 7.6% |
