ASIC Corporations (Disclosure of Fees and Costs) Instrument 2019/1070
220If there is no generic MySuper product or balanced investment option
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220 If there is no generic MySuper product or balanced investment option
Superannuation entities
(1) If a superannuation entity does not offer a generic MySuper product, the example should be based on:
(a) where the superannuation entity offers a balanced investment option—the balanced investment option under which most assets of the superannuation entity are invested; and
(b) where the superannuation entity does not offer a balanced investment option—the investment option under which most assets of the superannuation entity are invested.
Managed investment schemes
(2) If a managed investment scheme does not offer a balanced investment option, the example should be based on:
(a) where the scheme offers a default investment option—that option; and
(b) where the scheme does not offer a default investment option—the investment option under which most assets of the scheme are invested.