22
November
2018
|
02:42
Australia/Melbourne

Hostplus recognised as Fund of the Year and Best in Show for long-term performance

Summary

The industry super fund for hospitality, tourism, recreation and sport was honoured to receive five accolades at the independently-assessed Rainmaker SelectingSuper 2018 Awards in Melbourne today – including Fund of the Year; Best in Show – MySuper Product; Best Long-term Performance; and, Best-MySuper Performance – Risk Weighted.

Rainmaker’s Executive Director of Research and Compliance Alex Dunnin said these awards recognised Hostplus’ relentless focus on putting their members’ best interests first – always.

“The sole purpose of a superannuation fund is to help prepare its members for retirement by delivering strong and consistent investment returns, reasonable fees, as well as providing appropriate and affordable insurance cover along the way.

“Against these key areas, Hostplus has repeatedly shown itself to be Australia’s top-performing default super fund and is regularly among the top performers across most of the personal and retirement segments in which it competes.

“Driving this is consistently impressive investment performance in the flagship asset classes of equities and bonds, which it supplements with innovative investments in private equity and unlisted infrastructure.

“Hostplus is moreover an engaging fund highly committed to its industries. Led by a dynamic strategically-focused trustee board, Hostplus also has a reputation for product development and innovation – in particular, among low-cost indexed products for its personal members, which incidentally, are also strong performers,” Mr Dunnin said.

Hostplus CEO David Elia said these awards were a positive affirmation of the industry fund’s unwavering focus on delivering the best possible value to its members.

“In celebrating our 30th anniversary since the fund’s inception, 2018 has been an important opportunity for our team to reflect on our proud industry fund heritage and the strong member outcomes we have been able to achieve through growth and scale.

“Our Board and leadership team have guided us to help over 1.1 million Australians keep their super savings safe and prosperous, in a top-performing fund, so they can retire with more. We do not take the privilege of this role lightly,” Mr Elia said.

Hostplus was also delighted to receive SelectingSuper’s Best Performance – Fixed Interest award and was a finalist in six other categories. Mr Elia also congratulated the fund’s long-term asset consultant JANA who was recognised as SelectingSuper’s Best Asset Consultant.

Media enquiries: Emily Martyn - 0438 215 177 or emartyn@hostplus.com.au

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About Rainmaker’s SelectingSuper Award Finalists:

Rainmaker's SelectingSuper Award Finalists are selected from among the best superannuation funds in Australia, which have already earned the status of AAA through Rainmaker's assessment process.

To determine the finalists and winners in the SelectingSuper Awards, the Rainmaker research team analyses the superannuation market through a rigorous process to identify the best funds that are leading the pack and performing at the top of their segments. Also, to recognise the funds that have been the most innovative and have contributed to the advancement of the superannuation industry.

Hostplus was the winner and finalist of the following 2018 awards:

Winner of Fund of the Year

Winner of Best in Show – MySuper Product

Winner of Best Long-term Performance

Winner of Best MySuper Performance – Risk Weighted

Winner of Best Performance – Fixed Interest

Finalist for Investment Leadership Award

Finalist for Best Personal Choice Product

Finalist for Best Millennial Super Product

Finalist for Best Performance – Australian Equities

Finalist for Best Performance – International Equities

Finalist for Best Performance – Property