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Choosing a lifecycle option for your age group

Lifecycle super funds are an increasingly popular investment option, but they can be difficult to compare like with like.

The performance of traditional super funds is regularly reported in the media, along with fund rankings, but lifecycle funds tend to fly under the radar.

And yet, about 45% of MySuper default options, where most Australians are members, have a lifecycle design. If you are a member of a retail super fund, you are most likely to be invested in a lifecycle option.

While some industry funds have adopted a lifecycle default, most super funds use a traditional Balanced or Growth default, which have a pre-mixed asset allocation that is the same for all members.

What are lifecycle funds?

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