CPI
CPI stands for consumer price index, which is used as a measure of inflation.
Member age
How old you will be when we automatically invest you in this Lifetime group.
Lifetime balance
The amount of super you have in the Lifetime investment option, as opposed to other QSuper
investment options.
Return target
This is an estimated target for the expected investment returns above CPI (inflation) over a 10-year
period from 1 July 2023 - 30 June 2033. This target is
expected after any relevant tax and fees and costs.
Return
The 1-year investment return for a Lifetime group, which is the return to 30 June each year. This net return is shown after any relevant tax, administration fees and costs, investment fees and costs and transaction costs for the Lifetime investment option.
Find out more about our
performance.
Comparison between return target and return
The difference (if any) between the return target and the investment return actually received.
Level of investment risk
There are risks in any kind of investing. The main risk when investing your super is that your super
balance won't provide enough income over the course of your retirement.
Because there is always a risk, we automatically invest you in the Lifetime group with a level of
investment risk based on your age and when you can access your super savings. If you have a longer time
before you'll retire, you can afford to take more risk in order to potentially receive higher
investment returns over the long term. If you're retired or expecting to retire soon, you may be able
to take less risk, because you're investing within a shorter timeframe.
Find out more about investment
risk.
Standard risk measure (SRM)
The standard risk measure is used across super funds to help members compare the risk levels of
different investment options and different super funds generally.
The SRM is a guide to the likely number of negative annual returns you can expect over any 20-year period. Find out more.
Explanation of standard risk measure (SRM) levels
Very low
Investors should be aware that a negative annual return is expected less
than 0.5
times in any 20 years.
Low
Investors should be aware that a negative annual return is expected between
0.5
and 1 time in any 20 years.
There's a risk that your investment returns may not be high enough to keep up with inflation.
Low to medium
Investors should be aware that a negative annual return is expected between
1 and 2 times in any 20 years.
Medium
Investors should be aware that a negative annual return is expected between
2 and 3 times in any 20 years.
Medium to high
Investors should be aware that a negative annual return is expected between
3 and 4 times in any 20 years.
Balancing the risk that your super balance could be reduced by volatility, with the risk that your
investment returns may not be high enough to keep up with inflation.
High
Investors should be aware that a negative annual return is expected between
4 to 6 times in any 20 years.
QSuper doesn't invest any MySuper products at this increased risk level.
Very high
Investors should be aware that a negative annual return is expected 6 or
more times in any 20 years.
QSuper doesn't invest any MySuper products at this increased risk level.
There's a risk that your super balance could be reduced by investment markets going up and down
(volatility).
Statement of fees and other costs
This shows you the total fees and costs you could expect to pay for this investment option, based on a balance
of $50,000.
Find out more about our fees.