Class B - Lifecycle MySuper default - Conservative / Balanced

Smart Future Trust - smartMonday Lifecycle - smartMonday Lifecycle 68

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

Class BLifecycle - Conservative / Balanced59% growth assetsSuggested timeframe: 5-7 yearsIncluded in ranked comparison

What this option is

59% of your money is in growth assets.

The remaining 41% is in defensive assets such as bonds and cash. That puts this option in the Conservative / Balanced band, typically used for 5-7 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 8 years.

Fees

83bp

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

10-year net return

3.6%

Past performance is not a reliable indicator of future performance.

Classification evidence

Original fund labelsmartMonday Lifecycle - smartMonday Lifecycle 68

Standard bucketLifecycle MySuper default

Growth bandConservative / Balanced (40-60% growth)

Risk bandMedium risk - about 1 in 8 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
Australian Retirement Trust QSuper Lifetime - Focus 3 Group	59%	54bp	5.1%
Smart Future Trust smartMonday Lifecycle - smartMonday Lifecycle 67	59%	83bp	3.6%
Colonial First State FirstChoice Superannuation Trust FirstChoice Employer Super - CFS Lifestage (1945-1949)	60%	74bp	4.5%
Colonial First State FirstChoice Superannuation Trust FirstChoice Employer Super - CFS Lifestage (1950-1954)	60%	73bp	4.5%