Crediting Rates

Quarterly crediting rates

For the current crediting rates, click here.

Crediting rate history

For QIEC Super’s crediting rate history, click here.

How is interest allocated to your account?

The Trustee declares an interest rate for each calendar quarter ended 30 September, 31 December, 31 March and 30 June. 

These rates are determined by the Trustee with regard to the actual investment return on the Fund’s assets, after estimated tax and expenses.

The declared quarterly interest rates are applied to members’ accounts following the end of each financial year, or on earlier exit, based upon the transactions in each quarter.

Interest is calculated from the date of each transaction for the number of remaining days of the quarter.  Interest then compounds at the end of each quarter.

The interest rate can also be negative, in line with movements in investments, in which case the interest applied will be negative.

Interim crediting rate policy

If you leave the Fund before the Trustee has declared the quarterly interest rate(s), an interim rate is used.

The Trustee determines the interest rate(s) based upon the actual investment return together with an estimate of future returns and an estimate for tax and expenses.

The interim rate(s) are reviewed regularly to reflect movements in investment markets and may change without notice.