If you want short to medium-term stability, but want some exposure to assets that will potentially give you higher returns, Moderate may be suitable for you. Just remember though that in return for shorter-term stability you may be sacrificing the potential for higher long-term returns.


CPI + 2.5% p.a.

To achieve a return of CPI + 2.5% p.a. after fees and tax, measured over rolling 3-year periods.


3 years

Suited to investors with an investment timeframe of more than three years.

Total fee1

0.60% p.a.

Total fee includes administration fees (0.16%), investment fees and indirect cost ratio.
View detailed fee breakdown

Investors should be aware that a negative return is expected between 0.5 and once in every 20 years.

Low risk

Read more about the standard risk measure.

Account 3 months2 1 year2 3 years p.a.2 5 years p.a.2 7 years p.a.2 10 years p.a.2
Accumulation -0.36%


4.22% 4.90% 5.79% 5.92%
Income -0.42% 2.42% 4.74% 5.38% 6.49% 6.57%
Asset allocation3 Ranges4
55.9% 40 - 70%
Fixed interest5 11.6% 2.5 - 17.5%
Real estate 4.2% 0 - 10%
Equities* 16.8% 12.5 - 27.5%
Infrastructure 8.2% 0 - 10%
Commodities 0.5% 0 - 7.5%
Alternative assets 2.9% 0 - 12.5%

* Equities includes Australian Shares (3.2%), International Shares (10.7%) and Private Equity (2.9%).

Australian shareholdings

Top ten Australian shares by value.

# Stock
1 CSL Limited
2 Commonwealth Bank of Australia
3 Transurban Group
4 AGL Energy
5 Westpac Banking Corporation
6 National Australia Bank Limited
7 Ramsay Health Care Limited
8 Amcor Limited
9 Wesfarmers Limited
10 ANZ Banking Group Limited

The Australian shares portfolio is managed by State Street Global Advisors

International shareholdings

Top ten international shares by value.

# Stock
1 Samsung Electronics
2 Taiwan Semiconductor MFG
3 Southern Company
4 Novo Nordisk
5 Dominion Energy Incorporated
6 McCormick & Company
7 America Movil
8 Anheuser-Busch
9 Eli Lilly and Company
10 Church and Dwight

The International shares portfolio is managed by State Street Global Advisors

1. This figure comprises of the investment fee and indirect cost ratio which are based on the fees and costs for the financial year ended 30 June 2018 and the administration fee which reduced from 0.18% to 0.16% from 1 July 2018. The total fees and any other applicable fees are deducted daily from the unit price before the unit price is declared and may differ from future fees and costs.
2. Past performance is not a reliable indicator of future performance. For periods of one year or less, the return is net of fees and tax. For periods greater than one year, the return is a compound annualised return, net of fees and tax.
3. These figures have been rounded for member reporting.
4. QSuper has the flexibility to invest within these predetermined ranges.
5. In the Lifetime option and Diversified options these assets provide diversification, a hedge against inflation and target yield enhancement. This asset class is also referred to as bonds.