This document shows fees and other costs that you may be charged. These fees and costs may be deducted from your money, from the returns on your investment or from the fund assets of the superannuation entity as a whole. Other fees , such as activity fees , advice fees for personal advice and insurance fees may also be charge but these will depend on the nature of the activity, advice or insurance chosen by you. Entry fees and exit fees cannot be charged.
Taxes, insurance and other costs relating to insurance are set out in another part of this document. You should read all the information about fees and costs because it is important to understand their impact on your investment. The fees and other costs associated with an investment in Hostplus , are set out below. For a breakdown of the fees and costs for each investment option, refer to section 6. Additional Fees and Costs. If your account balance for a product offered by the superannuation entity is less than $0at the en.
See full list on pds. You should use this table to compare this superannuation product with other superannuation products. Note: additional fees may apply. 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. For full details of the fees and costs including definitions of each fee and cost, please refer to the Product Disclosure Statement. Administration fee: $ 1. Investment fees and costs: Varies according to your chosen investment option (s) Example of annual fees and costs.
For every $50you have in the Balanced option you will be charged $2each year. An you will be charged $2in administration fees regardless of your balance. PLUS Indirect costs for the Pension product. Big hospitality industry fun HostPlus collected comprehensive advice fees totalling just over $1.
That’s more than times cheaper. The Balanced Fund has of its investments in illiquid investments (like toll airports, toll roads, and power plants) which don’t trade each day on the stock exchange and are therefore hard to price, and hard to sell in a pinch. As an industry super fun Hostplus administration fees are a low $1.
Like all super funds, investment costs do apply. But we do strive to ensure our investment costs are competitive. It is an excellent option for people that have lower super balances. However, if you are in your 40’s and 50’s then your goal must be to minimise fees whilst at the same time maximising returns. Become a registered Hostplus employer in less than minutes and make super payments to your staff right away.
Starting a Hostplus Pension or joining Hostplus if you’re not already a member is easy. Simply complete the Membership Form at the back of the Pension Guide. Fee data may not include all costs being charged such as platform and adviser fees. For the effect of fees on your cumulative returns, please see our report How Fees Can Destroy Your Wealth. Before the amalgamation, Hostplus had around 1. Commenting on the decision, Hostplus chief executive David Elia said the lower pension administration fee would make the company one of the lowest cost and best value pension product providers among major super funds in the Australian market.
Hostplus , like most super funds, charges a variety of fees to its members in return for managing their superannuation savings. At the time of writing, some of Hostplus ’s super fees include: Investment fee : Between 0. Hostplus Investing your super with Hostplus gives you access to low administration fees , competitive performance and a host of free tools. Here, your goals are ours, and we’re ready to reach them together. Hostplus is the industry fund for those that live and love Australian hospitality, tourism, recreation and sport – we’re proud to support.
HostPlus are an outlier in an otherwise bloated Australian Super industry, with fees of 0. The Hostplus Product Disclosure Statement (PDS) contains all of the information you need to get the most from your super. Indexed Balanced super fund (plus $annual fee ). The nine sections provide full details about all our products and services and are designed to accompany the Product Disclosure Statement (PDS).