Tasmanian Hospitality Review - August / September 2023

Hostplus

David Elia

Hostplus delivers positive returns for members. That’s a plus.

The financial year ending 30 June 2023 was a bit of a bumpy ride in investments. Hostplus remained steadfast through the ups and downs though. In the 12 months though to 30 June we delivered 8.00% for the Balanced MySuper option. We’re pleased to be able to provide such positive results to your employees. Our positive net returns mean higher account balances for your employees and a boost on their journey to retirement. We’re proud of these latest returns, but super is about having an eye to the long game. Over the past 20 years, our Balanced MySuper option has delivered an average net return of 8.76% each year, where the median return is 7.61%1. That’s after all investment fees, costs and taxes have been paid2. And in more great news, our MySuper Balanced option is ranked number one for investment performance over 7, 10, 15 and 20 years.3

Why choose Hostplus? https://hostplus.com.au/choose-hostplus

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 68 657 495 890 198.

Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a superannuation fund. Administration and other fees and costs apply. This information is general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS), available at hostplus.com.au 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. 1Source: SuperRatings Accumulation Fund Crediting Rate Survey – SR50 Balanced (70-76) Index and Growth (77–90) Index, June 2023. The rating is issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings). Ratings are general advice only and have been prepared without taking account of your objectives, financial situation or needs. Consider your personal circumstances, read the product disclosure statement and seek independent financial advice before investing. The rating is not a recommendation to purchase, sell or hold any product. Past performance information is not indicative of future performance. Ratings are subject to change without notice and SuperRatings assumes no obligation to update. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2022 SuperRatings. All rights reserved. 2Administration fee comparison is based on the total administration fees and costs assuming a $50k account balance and SuperRatings fee data for public offer MySuper products extracted from SMART platform on 11/04/2023. Other fees and costs apply. Refer to the PDS for more information. Investment fees include costs which are based on estimated and actual information from the previous financial year. The costs payable in future years may be higher or lower. Administration and other fees also apply. For a full breakdown of fees and costs, see our fees and costs page or Section 6 of the Member Guide 3Source: SuperRatings Accumulation Fund Crediting Rate Survey – SR50 Balanced (60–76) Index, May 2023. Past performance is not a reliable indicator of future performance and should never be the sole factor considered when selecting a superannuation fund.

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