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.

Investment fee1

0.37% p.a.

Investment base 0.21% p.a. and an investment performance 0.16% p.a. Total investment fee 0.37% p.a. More details on fees

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 1.82%


5.57% 6.44% 6.20% 4.76%
Income 1.95% 6.07% 6.02% 7.15% 6.99% 5.33%
Asset allocation3 Ranges4
58.7% 40 - 70%
Fixed interest5 10.1% 2.5 - 17.5%
Real estate 3.7% 0 - 10%
Equities* 17.1% 12.5 - 27.5%
Infrastructure 6.8% 0 - 10%
Commodities 0.7% 0 - 7.5%
Alternative assets 3.0% 0 - 12.5%

* Equities includes Australian Shares (3.8%), International Shares (11.4%) and Private Equity (1.9%).

Australian shareholdings

Top ten Australian shares by value.

# Stock
1 Commonwealth Bank of Australia
2 Westpac Banking Corporation
3 ANZ Banking Group Limited
4 National Australia Bank Limited
5 BHP Billiton Limited
6 CSL Limited
7 Telstra Corporation Limited
9 Woodside Petroleum Limited
10 Transurban Group

The Australian shares portfolio is managed by the following investment managers:

International shareholdings

Top ten international shares by value.

# Stock
1 Samsung Electronics
2 Taiwan Semiconductor MFG
3 Anheuser-Busch Inbev
4 Fresenius Medical Care
5 McDonald's Corporation
6 Alphabet Inc
7 Dominion Resources 
8 America Movil 
9 Danone
10 Southern Company

The International shares portfolio is managed by the following investment managers:

1. The investment base fee and investment performance fee figures are based on the actual fee for the year ended 31 March 2017 and may differ from the future fee. Past fees should not be taken as an indication of future fees as each year the expenses of managing QSuper’s investment options may vary. Both the investment fee and an administration fee of 0.20% are deducted daily from the unit price before the unit price is declared.You may be charged additional fees for insurance and other services, but you’ll find all the information in the Product Disclosure Statement for Accumulation and Income Accounts.
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.