What this option is
81% of your money is in growth assets.
The remaining 19% 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
6.9%
Past performance is not a reliable indicator of future performance.
Classification evidence
Original fund labelsmartMonday Lifecycle - smartMonday Lifecycle 45
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.
Similar options
| Fund / option | Growth | Fees | 10y net |
|---|
Aware Super MySuper Lifecycle - Manage - Age 58 | 81% | 87bp | 7.5% |
Russell Investments Master Trust GoalTracker - RIMT GOALTRACKER 56 | 81% | 95bp | 6.6% |
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 46 | 81% | 81bp | 6.8% |
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 44 | 82% | 81bp | 7.1% |
