• HOSTPLUS
Investments Updated 30 October 2011

How the rates are calculated

HOSTPLUS publishes two different rates of return for your investment: the weekly net fund earning rates for super (or unit prices for Pension) and the monthly net fund earning rates for both super and Pension for comparison purposes.

Monthly net fund earning rates

The monthly net fund earning rates are for comparison purposes only. These monthly net fund earning rates are not used for actual calculations of earning rates for your super or Pension account.

Weekly net fund earning rates and unit prices

The weekly net fund earning rates (or unit prices for Pension) are used for calculating the actual earnings on your investment and are based on the actual investment performance data for the previous week ending Sunday, less any applicable fees and taxation.

The weekly net fund earning rate or unit price can be positive or negative depending on investment performance. A negative earning rate or fall in the unit price can result in a reduction in your account balance.

Generally, updates of the net fund earning rates and unit prices are published on our website on the third business day of each week.

However, for the last two weeks of June and December each year, declared net fund earning rates will not be finalised until 20-25 business days after end of the month. Pension unit prices will not be finalised until 14 days after 30 June each year.

Allocating net fund earnings to your account

Net fund earnings are allocated to your account:

  • At 30 June and 31 December each year (a statement is sent to you in September and March each year).
  • When you switch between investment options. You can switch between investment options as often as once a week free of charge. (Note: If your completed request is received in the HOSTPLUS Melbourne office before 4pm on a Friday, or in the case of online switches by 11.59pm on a Sunday, it will generally be processed the following Wednesday and back-dated to Monday.)
  • When you fully withdraw or transfer out of HOSTPLUS. The latest available declared net fund earning rates or unit prices are used to determine your final account balance

These rates and unit prices are calculated on the daily balance of your account and are compounded daily. This is important as it is likely that you will have different closing balances in your account throughout the year as a result of transactions in your account. For example, contributions, taxation, insurance and account keeping fees. 

You can find out more about calculating earnings on partial withdrawals and other adjustments in Section 5: How we invest your money in our Member Guide.

About HOSTPLUS Pension Unit Prices

The HOSTPLUS Pension investment options are unitised.

When you invest, we allocate units to you based on the investment options you have selected. We will redeem units from your investment options to pay withdrawals, process switches, make pension payments, to deduct account keeping fees and any other charges.

The value of your investment in an investment option is equal to the number of units held for you multiplied by the unit price at that time. Separate unit prices are calculated for each investment option. 

For more information about how unit prices are calculated and allocated to your Pension account, please refer to the Pension Guide

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