Class B - Lifecycle MySuper default - Growth

Smart Future Trust - smartMonday Lifecycle - smartMonday Lifecycle 42

Age-based default products tracked separately until a representative cohort method is finalised.

Class BLifecycle - Growth83% growth assetsSuggested timeframe: 7-10 yearsIncluded in ranked comparison

What this option is

83% of your money is in growth assets.

The remaining 17% 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

81bp

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

10-year net return

7.3%

Past performance is not a reliable indicator of future performance.

Classification evidence

Original fund labelsmartMonday Lifecycle - smartMonday Lifecycle 42

Standard bucketLifecycle MySuper default

Growth bandGrowth (75-90% growth)

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

USI68964712340051

Performance testUnknown

Source statusComparable APRA metrics confirmed.

Comparison statusIncluded in ranked default comparison.

Data limitationNo public data limitations identified.

Evidence source Trustee source

Similar options

Fund / option	Growth	Fees	10y net
Colonial First State FirstChoice Superannuation Trust FirstChoice Employer Super - CFS Lifestage (1970-1974)	83%	73bp	7.4%
Essential Super Essential Super - Lifestage 1970-74 option	83%	72bp	7.3%
Retirement Portfolio Service ANZ Smart Choice Super for employers and their employees - ANZ Smart Choice 1980S	83%	100bp	7.6%
Retirement Portfolio Service ANZ Smart Choice Super for employers and their employees - ANZ Smart Choice 1990S	83%	99bp	7.6%