For full details of the fees and costs including definitions and explanations, please refer to the Product Disclosure Statement.
- Hostplus Pension members pay an administration fee of $4.50 per week. (Separately, (and on a per member basis), an amount of $40.38 p.a. is deducted from the Fund’s Administration Reserve throughout the year. This amount is not deducted from a member’s account balance.)
- Investment fees and costs vary according to a member’s chosen investment option(s).
Example of annual fees and costs
This table below gives an example of how the ongoing annual fees and costs for the Hostplus Balanced option for this superannuation product 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 | |
|---|---|---|
| Administration fees and costs | $234.00 p.a. (deducted from your Hostplus account) plus $40.38 p.a. (deducted from the Fund’s Administration Reserve) | For every $50,000 you have in the superannuation product, you will be charged or have deducted from your investment $0 in administration fees and costs, plus $274.38 regardless of your balance1 |
| PLUS Investment fees and costs | 0.86% | And, you will be charged or have deducted from your investment $430 in investment fees and costs |
| PLUS Transaction costs | 0.10% | And, you will be charged or have deducted from your investment $50 in transaction costs |
| EQUALS Cost of product | If your balance was $50,000 at the beginning of the year, then for that yearyou will be charged fees and costs of $754.38 for the superannuation product. | |
Note: Additional fees may apply. Please note the Hostplus Pension default investment option is the Cash option, not the Balanced option demonstrated and these fees will vary from option to option. The inclusion of a Balanced option example is required by law. |
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Cost of product for 1 year
The cost of product gives a summary calculation about how ongoing annual fees and costs can affect your superannuation investment over a 1-year period for all superannuation products and investment options. It is calculated in the manner shown in the Example of annual fees and costs.
The cost of product information assumes a balance of $50,000 at the beginning of the year. Additional fees such as a buy-sell spread may apply: refer to the Product Disclosure Statement.
You should use this figure to help compare superannuation products and investment options.
| Investment option | Cost of product |
|---|---|
| Balanced | $754.38 |
| Capital Stable | $539.38 |
| Conservative Balanced | $604.38 |
| Socially Responsible Investment (SRI) - Balanced | $434.38 |
| Indexed Balanced | $304.38 |
| Shares Plus |
$769.38 |
| Cash | $284.38 |
| Diversified Fixed Interest |
$324.38 |
| Property |
$699.38 |
| Infrastructure |
$579.38 |
| Australian Shares |
$674.38 |
| International Shares |
$609.38 |
| International Shares - Indexed |
$309.38 |
| International Shares (Hedged) - Indexed | $309.38 |
| Macquarie - Australian Fixed Interest |
$279.38 |
| BlackRock - International Fixed Interest | $349.38 |
| Industry Super Fund Property Trust - Property | $469.38 |
| Lend Lease Managed Australian Prime Property Funds | $839.38 |
| IFM - Australian Infrastructure | $559.38 |
| IFM - Australian Shares | $289.38 |
| Paradice Investment Management (Small Cap) | $854.38 |
| Neuberger Berman - International Shares | $574.38 |
| CPIplus | $754.38 |
Additional explanation of fees and costs
| Estimated Hostplus Superannuation Fund - 30 June 2021 Fees and costs | ||||
|---|---|---|---|---|
| Investment Option | Investment fees and costs (Excluding Performance Fees) |
Performance Fees |
Transaction Costs |
Total investment fees and costs |
| Balanced | 0.58% | 0.28% | 0.10% | 0.96% |
| Capital Stable | 0.35% | 0.11% | 0.07% | 0.53% |
| Conservative Balanced | 0.43% | 0.14% | 0.09% | 0.66% |
| Socially Responsible Investment (SRI) – Balanced | 0.25% | 0.00% | 0.07% | 0.32% |
| Indexed Balanced | 0.04% | 0.00% | 0.02% | 0.06% |
| Shares Plus | 0.63% | 0.25% | 0.11% | 0.99% |
| Cash | 0.02% | 0.00% | 0.00% | 0.02% |
| Diversified Fixed Interest | 0.05% | 0.00% | 0.05% | 0.10% |
| Property | 0.58% | 0.04% | 0.23% | 0.85% |
| Infrastructure | 0.55% | 0.02% | 0.04% | 0.61% |
| Australian Shares | 0.48% | 0.18% | 0.14% | 0.80% |
| International Shares | 0.56% | 0.01% | 0.10% | 0.67% |
| International Shares – Indexed | 0.07% | 0.00% | 0.00% | 0.07% |
| International Shares (Hedged) – Indexed | 0.07% | 0.00% | 0.00% | 0.07% |
| Macquarie – Australian Fixed Interest | 0.01% | 0.00% | 0.00% | 0.01% |
| BlackRock – International Fixed Interest | 0.07% | 0.00% | 0.08% | 0.15% |
| Industry Super Property Trust – Property | 0.35% | 0.00% | 0.04% | 0.39% |
| Lendlease Australian Prime Property Funds – Property | 0.73% | 0.00% | 0.40% | 1.13% |
| IFM – Australian Infrastructure | 0.57% | 0.00% | 0.00% | 0.57% |
| IFM – Australian Shares | 0.03% | 0.00% | 0.00% | 0.03% |
| Paradice (Small Cap) Australian Shares | 0.91% | 0.00% | 0.25% | 1.16% |
| Neuberger Berman – International Shares | 0.60% | 0.00% | 0.00% | 0.60% |
| CPIplus | 0.58% | 0.28% | 0.10% | 0.96% |
The total investment fees and costs listed against the CPIplus option does not impact (diminish) the net value of return of CPIplus. These costs represents the cost incurred by the Balanced investment option, which is where CPIplus assets are invested. CPIplus returns are based on a predetermined rate based on CPI + 'n'. No further investment costs or fee are deducted from that return.
Administration and investment fees and costs are estimated for thefinancial year ended 2021. Because the fees and costs are estimatesbased on the previous financial year’s, fees and costs payable inrespect of each future year may be higher or lower.
This website is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68657495890198. Hostplus Self-Managed Invest (SMI) is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Pooled Superannuation Trust (PST) ABN 13 140 019 340. Please read the relevant Hostplus Product Disclosure Statement (PDS) or Hostplus SMI PDS before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au. You can view detailed disclaimers here.
