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What the Researchers Say:

A "best value for money" superannuation fund. Well balanced across all key assessment criteria in a robust, secure and proven risk framework. The fund provides features that should assist most individuals to meet their retirement savings goals.

You should contact your financial adviser or this fund before making an investment decision.

  • MySuper Platinum
  • MySuper of the Year Finalist
Awards
Fund data valid as of May 31, 2016

Typical Fees

Balance This Fund Industry Average Difference
5k $124 $157 -$33
50k $538 $634 -$96
100k $998 $1,169 -$171

Investment Allocation

Intl shares 20.5%
Aus shares 27.5%
Property 15.0%
Alternative 27.0%
Fixed interest 2.0%
Other 8.0%

Fees & Charges

Administration Fee ($) $78
Administration Fee (%) 0.00%
Investment Fee 0.92%
Switching Fee $0
Exit Fee $0
Account Size Discount No
Employer Size Discount No

Fund Features

Financial Planning Service
Health Insurance
Home Loans
Credit Cards
Binding Nominations
Non-lapsing Binding Nominations
Insurance Life Event Increases
Anti-detriment Payments
Long Term Income Protection

About this Fund

Membership 965,327
Total Assets $18,882,123,541
Year Started 2013
Target Market Hospitality, tourism, leisure
Offered to Public? Yes
Fund Type Industry-MySuper

Fund Highlights - provided by HOSTPLUS Superannuation Fund - MySuper

Dedicated and passionate staff behind the product.
Dedicated in-house contact centre with formal customer service programs.
Formal employer and education programs (e.g. HR and CFO forums, Health Wealth, Business luncheons).
Offices in every state and territory in Australia.

Investment Option Performance

Asset Allocation Category FYTD FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Comparison
Balanced 5.13%
3.68%
11.00%
9.60%
13.60%
12.66%
16.30%
14.73%
1.00%
0.45%
10.11%
8.71%
Fund
Benchmark
  • Legend:
  • Outperformed average
  • Underperformed average
  • Negative returns

Annualised figures are the average per year returns of the rated option based on the cumulative returns for the past 5 years to 30/06/2015, past performance is not a reliable indicator of future performance. Performance and fee data is based on the option which is rated by SuperRatings and stated on each product's landing page.

Benchmark investment information - how performance is measured

To ensure comparability for consumers, the RateCity superannuation comparison is based on the asset allocation of each of the MySuper/Pension products, irrespective of the name of the investment option. This methodology allows consumers to compare products on a like for like basis and removes any ambiguities associated with the name of the investment option. For example, an investment option may be classified as growth, however its asset allocation may in fact mean it should be classified as high growth. By using the asset allocation as the dominant identifier, we believe this provides the most robust framework for consumers to compare funds and recognise that this is a consistent approach to that of SuperRatings methodology.

Option Type Percentage of Growth Assets
min-max %
High Growth 91-100%
Growth 77-90%
Balanced 60-76%
Conservative Balanced 41-59%
Capital Stable 20-40%
Secure 0-19%

What the researchers say

HOSTPLUS was established for the hospitality, tourism and leisure industries, and is now open to all employers and members. The Fund was a finalist of the 2016 MySuper of the Year award.

The Fund's MySuper offering comprises a single diversified investment option, the Balanced option, a rebadged version of their preceding default option. The fund has a track record of strong investment returns and the Balanced option has outperformed the SuperRatings Index over the short and long term.

HOSTPLUS's choice members also have access to Pre-mixed and Sector investment options, as well as, Direct Shares, Exchange Traded Funds (ETFs) and Term Deposits, and can choose to invest in HOSTPLUS Life, a life-stage investment comprising pre-mixed options selected for specific age brackets.

Fees are competitive and lower than the industry average across all account balances assessed. Members are able to switch investment options and make withdrawals at no cost.

HOSTPLUS provides a full suite of insurance cover, with employee members receiving automatic unitised Death and TPD insurance cover upon joining the fund. Income Protection is available with a maximum of 90% of salary with benefit payment periods of 2 years or to age 65 and a choice of 30, 60, or 90 day waiting periods.

HOSTPLUS offers added benefits to members including discounted banking, health insurance, travel and accommodation.