Document ID: chunk:federal_register_of_legislation:F2024C01249:clause:10_220
Version: federal_register_of_legislation:F2024C01249
Segment Type: clause
Provision Reference: sch 10 cl 220
Character Range: 2200439–2201695

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.

CCIVs
 (3) If a retail CCIV does not offer a balanced investment option, the example should be based on:
 (a) where the CCIV offers a default investment option—that option; and
 (b) where the CCIV does not offer a default investment option—the investment option under which the CCIV has the most funds invested.

Division 7—Consumer Advisory Warning