We all know we can’t control everything in life.
But at HOSTPLUS, we always do our best to control the things we can.
Like our member fee – a low $1.50 a week.
It’s remained unchanged for the last seven years, and we guarantee it will remain unchanged until at least 31 December 2012.
It’s also good to know that HOSTPLUS doesn’t pay commissions or fees to agents or dividends to shareholders. After taxes and investment expenses are deducted from investment returns, all profits are reinvested.
Like all super funds, investment expenses also apply.
Small differences in fees and costs can have a big impact on your super over the long-term, so when choosing a fund you should always compare fees.
Below is an outline of fees that you may be charged
| Fee type | Amount | How and when it's paid |
| Fees when your money moves in or out of HOSTPLUS |
| Establishment fee – the fee to open your investment | Nil | Not applicable |
| Contribution fee – the fee on each amount contributed to your investment, by you or our employer | Nil | Not applicable |
| Withdrawal fee – the fee on each amount you take out of your investment | Nil | Not applicable |
| Termination fee – the fee to close your investment | Nil | Not applicable |
| Management costs - the fees and costs for managing your investment.
|
Fees deducted from your account:
Member fee
| $1.50 per week ($78 per year)
| Calculated weekly after tax, and deducted from your super account half-yearly.
|
Expenses indirectly deducted:
Indirect cost ratio (ICR) or investment expenses and performance fees – the annual percentage fees for managing your investment.
View the amount you pay for each specific investment option
| Varies according to your chosen investment option(s). Ranges from 0.00% to 1.11 p.a.
| Deducted from investment returns before the after-tax fund earning rate is declared each week.
|
| Service fees | | |
| Investment switching fees – the fee for changing investment options. | Nil | Not applicable |
For more information about fees and costs please read our Member Guide - Section 7: Fees & costs.