What this option is
57% of your money is in growth assets.
The remaining 43% 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.
Classification evidence
Original fund labelsmartMonday Lifecycle - smartMonday Lifecycle 71
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.
