The stage of life approach brightday adopts also changes your allocation from growth to defensive investments according to your proximity to retirement – but it doesn’t reduce your exposure to growth assets as quickly or by as much as lifecycle funds do.
Managed investments
                                                  
                Beginner / Advanced
                                      
                7 m
                      What is a lifecycle fund?
A lifestyle fund reduces your exposure to growth investments as you get closer to retirement, but long-term the returns might not foot the bill.


