Hostplus: Number One
Hostplus reports market-leading performance over the last 1, 3, 5, 7 and 15 years
Life is full of twists and turns. New jobs, new cities, new adventures. Wherever you go it’s important to have a super fund that moves with you. A fund that puts you first with competitive fees, comprehensive insurance options and consistent investment performance.
Hostplus is the number 1 super fund in Australia. Number 1 in the long term. Number 1 in the short term.
According to leading superannuation analysts, SuperRatings’ Balanced Fund Survey for 30 June 2018, Hostplus’ default, Balanced investment option returned an impressive 12.5% (after all fees and charges) to members accounts for the 2017-18 financial year.
In addition, as of 30 June 2018 the default investment choice, favoured by the majority of the fund’s members, has delivered a market-leading performance over the last 1, 3, 5, 7 and 15 years*.
SuperRatings CEO Kirby Rappell applauded the fund’s consistent outperformance.
“Hostplus members had another exceptionally strong year of returns bolstered by favourable domestic and international equity market conditions. This was accompanied by stable, long-term earnings from unlisted assets including property and infrastructure.
“Hostplus is to be congratulated on their sustained outperformance and for delivering strong returns for their one million hospitality members,” Kirby said.
Hostplus CEO David Elia attributed much of the fund’s consistent outperformance to its investment beliefs and long-term investment strategy, notably heavily investment in unlisted assets and active management.
“The past 12 months has seen another exceptional year of double-digit net returns. Our long-term investment in unlisted infrastructure and property continues to deliver strong, bedrock returns. While our proactive shift in the private equity asset class towards niche and bespoke investments is now also bearing fruit.
“Overlaying our long-term strategic asset allocation, active management continues to play a critical role in Hostplus outperforming the Australian equities market, delivering returns around 3 per cent above the share market benchmark,” he said.
Hostplus CIO Sam Sicilia added that the remainder of its strong performance could be attributed to its profit-for-member orientation, maximising benefits to members by reducing intermediary costs and eliminating the diversion of profits to shareholders.
“The not-for-profit super sector has a long history of pooling long-term assets to achieve greater scale and long-term investment returns. Our investment in domestic seaports and airports via IFM Investors are examples of unlisted assets which have strongly contributed towards our outperformance. They directly improve member adequacy, as well as drive broader economic benefits and strengthen the Federal budget position,” said Mr Sicilia.
In further key highlights for the year, Hostplus continued to experience significant growth in membership, funds under management and a doubling of its contribution flows which was underpinned by its ongoing marketing, partnerships and communication activities. This has enabled the fund to maintain the same $1.50 per week member administration fee, which has remained unchanged for the past 14 years.
“This has allowed us to continue to deliver genuine scale benefits to our membership whilst we continue to invest in new and enhanced member and employer services. We have been able to do this without having to charge our members additional percentage-based administration fees, fees to switch investment options or exit fees,” Mr Elia said.
To learn more about the ways the number 1 super fund can help your team reach their retirement goals, visit hostplus.com.au today.
*Number One Balanced Fund over 1 year (12.50%), 3 years (10.16%p.a.), 5 years (11.01%p.a.), 7 years (10.25%p.a.) and 15 years (8.63% p.a.) ¬– SuperRatings Balanced Fund Crediting Rate Survey, 19 July 2018. Past performance is not a reliable indicator of future performance. Consider the Host-Plus PDS and your objectives, financial situation and needs, which are not accounted for in this information before making an investment decision. Host-Plus Pty Limited ABN 79 008 634 704, AFSL No. 244392. Hostplus Superannuation Fund ABN 68 657 495 890. MySuper No. 68657495890198