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Significant

Event notices (SENS)

Hostplus will always advise its investors about any material changes to the Hostplus PST. A change or event could include any decisions that will affect an investors investment, including a change to fees and costs or changes to the product offering.

The key message announcing the decisions and impact is referred to as a Significant Event Notice (SEN) which is sent to affected investors. Hostplus aim is to provide information to investors in a clear, concise manner that will enable them to understand the nature of the change or event and the effect it could have on them.

  • A change or event which is an increase in fees or charges will be sent at least 30 days before the change takes effect.‍
  • A change or event which is not an increase in fees or charges will be sent as soon as possible but not later than three months after the change takes effect.
  • A change that is not an increase in fees or charges and Hostplus reasonably believes is not adverse to an investor’s interest, or that an investor would not be affected by a delay in receiving the information, will be sent within 12 months of the change taking effect.

Timing of a Significant Event Notice (SEN)

 

Notice DateNature of event/changeImpact of change
Financial year 2022/23

8 December 2023

The 8 December 2023 SEN for Hostplus Self-Managed Invest is available here.

Frequently asked questions are available here.

We have updated our investment fees and costs for the Socially Responsible Investment (SRI) – Balanced and Infrastructure options in the Product Disclosure Statement (PDS) issued on 1 October 2023, based on the investment fees and costs incurred for the financial year ending 30 June 2023.This update reflects a material increase in fees and costs for the SRI – Balanced and Infrastructure options.

19 June 2023 

The 19 June 2023 SEN for Hostplus Self-Managed Invest (SMI) is available here.

 

Frequently asked questions are available here.

Introduction of three new investment options
From 28 November 2022, Hostplus SMI introduced three new pre-mixed investment options: Capital Stable, Conservative Balanced and Socially Responsible Investment (SRI) – Balanced.
Introduction of switching windows for Property and Infrastructure investment options
From 1 October 2023, switching “windows” will apply for the Property and Infrastructure options. Any switches into and out of the Property and/or Infrastructure options will be limited to a pre-determined and advised switching window each quarter.
Strengthening investment governance
We have enhanced our monitoring and controls around investment switching. 
Material changes to the investment fees and costs and/or transaction costs.Hostplus has re-estimated certain investment fees and costs, and the estimated investment fees and costs and/or transaction costs for 2 investment options have either materially increased or decreased.
Changes to asset rebalancing practices
The Trustee has reviewed its rebalancing policies and has determined that from 1 July 2023, rebalancing will now be proportionately
applied across all pre-mixed investment options, rather than across just the Balanced option.

26 September 2022   


The 26 September 2022 SEN for Hostplus Self-Managed Invest (SMI) is available here.

Increased estimated investment fees and costs and/or transaction costs for the following investment options: 
  • Property 
  • Infrastructure. 
Members invested in these 2 options were notified of the increased estimated investment fees and costs and/or transaction costs for these options. 
Financial year 2021/22

15 February 2022

The full 15 February 2022 SEN for Self-Managed Invest is available here.

  • Introduction of a trustee indemnity fee.
  • Closure of individual manger investment options.
  • Introduction of new sector investment options.

From 18 March 2022:

  •  Hostplus will introduce a trustee fee over the next three years. This is due to a change in legislation providing that superannuation trustees (and their directors) can no longer be indemnified from the assets of the Fund in relation to certain penalties. The trustee fee will be paid to the Trustee in relation to the risks of it carrying out its duties and obligations in acting as trustee. The Trustee will hold the trustee fee paid to it in a Special Purpose Reserve within the Trustee.
  • Hostplus will cease all new investments, contributions and switches into its individual manager options. The SEN provides information on any actions you need to take if you are invested in any of these options. The options will be formally closed on 30 June 2022.
  • Hostplus will introduce three new sector investment options. 

14 September 2021 

The full 14 September 2021 SEN for Self-Managed Invest (SMI) is available here.

Changes to investment information for SMI investors.

From 1 July 2021: 

Certain investment options had changes to their Strategic Asset Allocation Benchmark, Return target (CPI+ Objective) and Level of investment risk. 

An explanation of the investment relationship between the Balanced investment option and CPIplus.

Financial year 2020/21

20 April 2021 

The full 20 April 2021 SEN is available here.

Changes to investment information for Self-Managed Invest (SMI) investors.

From 15 February 2021: 

Various investment options had changes to their descriptions such as Return target (CPI+ Objective), Minimum Suggested Time Frame, Level of investment risk.

Financial year 2019/20

17 August 2020

The full 17 August 2020 SEN is available here.

Changes to  SMI investments

Changes to the strategic asset allocation ranges and benchmarks for a number of SMI investment options. 

Introduction of new Responsible Investment Policy to replace existing Environmental, Social and Governance Policy.

Changes affected investors in Hostplus Self-Managed Invest

27 February 2020 

The full 27 February 2020 SEN is available here.

Changes to SMI investment options descriptions

Various investment options have had changes to their descriptions such as:

  • Return target,
  • Level of investment risk,
  • Investment suitability,
  • Minimum suggested time frame, and
  • Strategic asset allocation.

Changes affected investors in these Hostplus SMI investment options.

24 October 2019 

The full 24 October 2019 SEN is available here.

Changes to SMI investment options descriptions.

Various investment options have had changes to their descriptions such as:

  • Return target,
  • Level of investment risk,
  • Investment suitability, 
  • Minimum suggested time frame, and
  • Strategic asset allocation.

Changes affected investors in these Hostplus SMI investment options.

Financial year 2018/19

3 April 2019

The full 3 April 2019 SEN is available here.

Changes to Infrastructure and Property investment optionsFrom 27 May 2019 the Hostplus PST will introduce two new investment options - Infrastructure and Property. These are in addition to our existing Infrastructure and Property options which will be re-named IFM – Australian Infrastructure and Industry Super Property Trust – Property.

20 March 2019

The full 20 March 2019 SEN is available here.

Changes to Infrastructure and Property investment options

From 29 April 2019 the Hostplus PST Infrastructure and Property investment options will include an increased number of specialist investment managers to provide greater diversification with a view to better risk-return outcomes in the long-term.

These changes resulted in increased investment fees and costs in these options.