For full details of the fees and costs including definitions and explanations, please refer to the Product Disclosure Statement.
- Hostplus members pay an administration fee of $1.50 per week. (Separately, (and on a per member basis), an amount of $30.64 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 for a MySuper product
This table gives an example of how the ongoing annual fees and costs for the default Balanced investment option for this superannuation product can affect your superannuation investment over a 1 year period. You should use this table to compare this superannuation product with other superannuation products.
| Example - Hostplus Balanced option | Balance of $50,000 | |
|---|---|---|
| Administration fees | $78.00 p.a. (deducted from your Hostplus account) plus $30.64 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 $108.64 regardless of your balance1 |
| PLUS Investment fees and costs | 0.89% | And, you will be charged or have deducted from your investment $445 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 year you will be charged fees and costs of $603.64 for the superannuation product. | |
Note: Additional fees may apply. 1. Please note that the $108.64 referred to above (comprising the $78 deducted from your Hostplus account and the $30.64 deducted from the Fund’s Administration Reserve) is applicable regardless of your account balance. Additional administration fees and costs are not payable by you if your account balance exceeds $50,000. |
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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 | $603.64 |
| Capital Stable | $373.64 |
| Conservative Balanced | $438.64 |
| Socially Responsible Investment (SRI) - Balanced | $268.64 |
| Indexed Balanced | $138.64 |
| Shares Plus |
$603.64 |
| Cash | $118.64 |
| Diversified Fixed Interest |
$158.64 |
| Property |
$533.64 |
| Infrastructure |
$413.64 |
| Australian Shares |
$508.64 |
| International Shares |
$443.64 |
| International Shares - Indexed |
$143.64 |
| International Shares (Hedged) - Indexed | $143.64 |
| Macquarie - Australian Fixed Interest |
$113.64 |
| BlackRock - International Fixed Interest | $183.64 |
| Industry Super Fund Property Trust - Property | $303.64 |
| Lend Lease Managed Australian Prime Property Funds | $673.64 |
| IFM - Australian Infrastructure | $393.64 |
| IFM - Australian Shares | $123.64 |
| Paradice Investment Management (Small Cap) | $688.64 |
| Neuberger Berman - International Shares | $408.64 |
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 | 0.61% | 0.28% | 0.10% | 0.99% |
| 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% | 0.01% | 0.60% |
