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Pension Fees

It is important to understand the impact of fees and costs on your investment. Therefore, we encourage you to read this information closely. Fees or charges may change from time to time, which may affect the value of your investment.

For full details of the fees and costs including definitions of each fee and cost, please refer to the Pension Product Disclosure Statement.

  • Administration fee: $4.50 per week, $234 per year
  • Investment fees and costs: Varies according to your chosen investment option(s)

Example of annual fees and costs

This table gives an example of how the fees and costs for the Hostplus Balanced investment option can affect your pension over a 1 year period. You should use this table to compare this product with other pension products.

Example – Hostplus Balanced option Balance of $50,000

Investment fees
0.58% For every $50,000 you have in the Balanced option you will be charged $290 each year

PLUS Administration fees
$234 ($4.50 per week) And, you will be charged $234 in administration fees regardless of your balance
PLUS Indirect costs for the Pension product 0.33% And, indirect investment costs of $165 each year will be deducted from your investment

Equals Cost of product

If your balance was $50,000, then for that year you will be charged fees of $689 for the Pension product.
Note: Additional fees may apply. And, if you leave the superannuation entity, you may be charged an exit fee of $0 and a buy/sell spread which also applies whenever you make a contribution, exit, rollover or investment switch. The buy/sell spread for exiting is 0% (this will equal to $0 for every $50,000 you withdraw). Please note the Hostplus Pension default investment option is the Cash option, not the Balanced option demonstrated above and these fees will vary from option to option. The inclusion of a Balanced option example is required by law.

Estimated Hostplus Superannuation Fund - 30 June 2019 Investment fees and Indirect costs

The below table sets out the Investment fees and Indirect costs.

The Indirect Cost Ratio and the Investment fee is based on the expenses incurred from 1 July 2018 to 30 June 2019. As a result, these figures are indicative only and may change in subsequent years depending on (for example) the performance of each option. These costs are deducted before the net investment return for each investment option are declared and applied to members’ accounts.

Please note; all fees and costs are inclusive of GST (unless otherwise stated) less any input tax credits and stamp duty (if applicable). The fund passes on any tax deduction on investment costs in the form of higher returns.

The performance based fee component comprises actual fees paid and estimates of fees to be paid for the financial year ending 30 June 2019.

Investment Fees Indirect Cost Ratio (ICR)
Investment Option Management
Fees
Performance
Fees
Total Investment Fees Transaction Costs Operational Costs Total ICR
Capital Stable 0.36% 0.03% 0.39% 0.15% 0.10% 0.25%
Conservative Balanced 0.39% 0.04% 0.43% 0.15% 0.11% 0.26%
Socially Responsible Investment (SRI) – Balanced 0.78% 0.08% 0.86% 0.32% 0.09% 0.41%
Indexed Balanced 0.02% 0.00% 0.02% 0.02% 0.01% 0.03%
Balanced 0.49% 0.09% 0.58% 0.19% 0.14% 0.33%
Shares Plus 0.48% 0.09% 0.57% 0.17% 0.12% 0.29%
Cash 0.01% 0.00% 0.01% 0.00% 0.01% 0.01%
Diversified Fixed Interest 0.13% 0.00% 0.13% 0.02% 0.02% 0.04%
Property 0.51% 0.07% 0.58% 0.40% 0.14% 0.54%
Infrastructure* 0.35% 0.00% 0.35% 0.04% 0.28% 0.32%
Australian Shares 0.36% 0.04% 0.40% 0.25% 0.05% 0.30%
International Shares 0.45% 0.01% 0.46% 0.09% 0.08% 0.17%
International Shares – Indexed 0.02% 0.00% 0.02% 0.04% 0.03% 0.07%
International Shares (Hedged) – Indexed 0.02% 0.00% 0.02% 0.05% 0.00% 0.05%
Macquarie – Australian Fixed Interest 0.00% 0.00% 0.00% 0.00% 0.02% 0.02%
BlackRock – International Fixed Interest 0.07% 0.00% 0.07% 0.04% 0.01% 0.05%
Industry Super Property Trust – Property 0.27% 0.00% 0.27% 0.58% 0.11% 0.69%
Lendlease Australian Prime Property Funds – Property 0.67% 0.00% 0.67% 0.15% 0.09% 0.24%
IFM – Australian Infrastructure 0.37% 0.00% 0.37% 0.00% 0.23% 0.23%
Balanced Equity Management – Australian Shares 0.14% 0.00% 0.14% 0.12% 0.05% 0.17%
IFM – Australian Shares 0.02% 0.00% 0.02% 0.03% 0.02% 0.05%
Paradice (Small Cap) Australian Shares 0.76% 0.00% 0.76% 1.11% 0.06% 1.17%
Neuberger Berman – International Shares 0.61% 0.00% 0.61% 0.02% 0.10% 0.12%
* The Infrastructure option was introduced on 1 December 2019, therefore the Indirect Cost Ratio and the Investment Fee for this option is not based on actual expenses incurred from 1 July 2018 to 30 June 2019 but on reasonable estimates expected for the full 2019/20 financial year.

Borrowing and Property Operating Costs

The below table sets out the current Borrowing and Property Operating costs. Investment options not listed have nil Borrowing and Property Operating costs.

Investment Option Borrowing Costs Property Operating Costs
Capital Stable 0.14% 0.12%
Conservative Balanced 0.14% 0.12%
Socially Responsible Investment (SRI) – Balanced 0.00% 0.02%
Balanced 0.16% 0.14%
Shares Plus 0.12% 0.10%
Property 1.13% 1.19%
Infrastructure* 0.02% 0.00%
Industry Super Property Trust – Property 0.44% 1.07%
Lendlease Australian Prime Property Funds – Property 0.64% 0.72%
* The Infrastructure option was introduced on 1 December 2019, therefore the borrowing costs for this option is not based on actual expenses incurred from 1 July 2018 to 30 June 2019 but on reasonable estimates expected for the full 2019/20 financial year.
This website is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392, RSE L0000093 in its capacity as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, RSE R1000054, MySuper No: 68657495890198 which includes the Hostplus Pension. The information contained in this website is of a general nature only. Before making a decision on whether to acquire a Hostplus product or service, you should read the relevant Product Disclosure Statement (PDS) and consider your own personal objectives, financial situation or needs. You may also find it beneficial to obtain advice from a licensed financial adviser. The information contained in this website is current at the time of publication being the date specified on the webpage. Past performance is not a reliable indicator of future performance.

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