Share markets rallied considerably over the 2023–24 financial year, driving positive returns for most Hostplus Self-Managed Invest (SMI) options.
Excitement about artificial intelligence drove these strong returns, particularly for the large tech companies. This optimism outweighed market worries about high interest rates and inflation.
Nine out of ten of Hostplus' SMI options delivered positive returns for the year.
Listen to Sam Sicilia, Chief Investment Officer, provide an update on our investment performance.
Hostplus’ Self-Managed Invest options delivered positive returns over 3 and 5 years.
Over the long term, the Hostplus SMI options with longer histories have delivered positive returns over three and five years.
Source: Hostplus data as at 30 June 2024. Returns are net of investment fees and costs. Admin and other fees apply. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a superannuation fund.
These great long-term results show that our investment strategy is working hard for Hostplus members and investors. That’s a plus.
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