Aspire 1 is designed for medium to long-term investors aged 40 to 49, who have less than $50,000 invested in Lifetime. It has exposure to assets with potentially higher returns.


CPI + 4.5% p.a.

To achieve a return of CPI + 4.5% p.a. after fees and tax, measured over rolling 10‑year periods.


10 years

Suited to investors with a minimum investment timeframe of 10 years.

Total fee1

0.79% p.a.

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

You need to keep in mind that with Aspire 1, a negative annual return is expected between three and four times in every 20 years.

Medium to high risk

Read more about the standard risk measure.

As at 30 June 2019

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 4.29% 10.90% 9.11% 9.52% n/a n/a

As at 30 June 2019

Asset allocation3 Ranges4
7.5% 0 - 15%
Fixed interest5 23.7% 0 - 35%
Real estate 7.6% 0 - 25%
Equities* 36.6% 5 - 65%
Infrastructure 16.4% 0 - 25%
Commodities 1.5% 0 - 20%
Alternative assets 6.6% 0 - 30%

*Equities includes Australian Shares (6.9%), International Shares (23.4%) and Private Equity (6.3%).

As at 30 June 2019

Australian shareholdings

Top ten Australian shares by value.

# Stock
1 CSL Limited
2 Transurban Group
3 Ramsay Health Care Limited
4 Amcor Limited
5 Aristocrat Leisure Limited
6 APA Group
7 Sydney Airport
8 Cochlear Limited
9 Commonwealth Bank of Australia
10 AGL Energy

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
3 Anheuser-Busch
4 Southern Company
5 Novo Nordisk
6 America Movil
7 McCormick & Company
8 Dominion Energy Incorporated
9 Crown Castle
10 Entergy Corporation

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 2019 and the administration fee. 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 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.
6. The Lifetime groups Outlook, Aspire 1, Aspire 2, Focus 1, Focus 2 and Focus 3 commenced on 26 May 2014. Sustain 1 commenced on 16 December 2013. Sustain 2 commenced on 8 April 2013. The 10 year average return will be provided once 10 years of returns are available.
7. The statement of fees and other costs is indicative, based on current asset allocations and recent performance, and is subject to change. This applies for a representative member who is defined as a member who is fully invested in the Lifetime group, who does not incur any activity fees during the year and who has an account balance of $50,000 throughout that year. Excludes investment gains/losses on that $50,000 balance.