Hostplus v AustralianSuper

Hi.
From what I hear hostplus Hostplus is a good option.

I am currently with AustralianSuper AustralianSuper | Award Winning, Low Fee Super Fund and considering a switch.

I am doing the usual research eg fees and past performance.

Keen to hear feedback from others.

 

AustralianSuper has been doing very well and is highly rated, why would you want to switch?

Unless you can guarantee Hostplus can do better!

 

Looking at ATO tool, AustralianSuper is cheaper from fee perspective. Below example is for $50K balance. Fee difference might be much bigger for larger balances.

There is very little separating them performance wise. I would stay with AustralianSuper.

 

Thanks for the compare.
I just ran the compare again on $250k and the fees are around $1700 for AustralianSuper and $2800 for Hostplus. This questions what the guy in the video said??

Always a good idea to check the info / advice that we receive.

These tools are all new to me, so learning what's available as I go. (I wish I had the tools 20years ago, I would have made better choices).

Anyways loving the forum and all the tools available Via ATO and super funds.

 

I am in Hostplus and the wife in Australian Super.

No major complaints, but I have noticed the cost of the various insurances (Life, TPD etc) seem quite a bit higher in Host if you are considering this. It's a little difficult to compare though as diff ages and incomes etc.

 

From memory AustralianSuper is among three cheapest funds when it comes to insurance. Their large size gives them a strong bargaining power. The other two were Unisuper and QSuper if memory doesn’t fail me.

 

Doesn't impact me but it may others when it comes to insurance within superannuation.

Anything and Everything about Superannuation

 

Thanks for above 3 replies.
I am now looking into insurance options.

So any other feedback appreciated.

 

Hey there William.

I'm with Hostplus, and my girlfriend is with AustralianSuper.

We are both not with the balanced (default) fund. We have proportioned our super to International Shares and Australian Shares. This is my personal choice as I do not want any exposure to the credit market (cash, bonds, etc) and potential unlisted assets (illiquid and valuation may be shonky)

Fees and Costs
Hostplus IFM Australian Shares - 0.03% Fee
Hostplus International Indexed Shares - 0.07% Fee


Super with Low Fees | Our Fees & Costs | AustralianSuper
AustralianSuper Australian Shares - 0.18% Fee
AustralianSuper International Shares - 0.44% Fee

 

Funds aren't like residential investors, they aren't fickle and sell at the hint of crystallising a gain.

Only ⅓ of a direct property portfolio is valued annually - by a team of valuers or several companies. Discussion will revolve around cap rates, risk, WALE, asset plans, redevelopment, repositioning of assets - alot less likely to have a few shonky operators trying to pull the wool over the eyes of a bank.

Yes, unlisted assets are harder to divest but these are core assets which are infrequently traded if ever eg 50 Bridge St Sydney was AMP's head office, it was demolished and reopening early 2022 (tenants fitout delayed due to covid). AMP have held this unlisted asset (essentially a whole CBD block) since it's establishment. Yet AMP has also increased it's stake in several regional shopping centres spending $B last year alone.

 

Does AustralianSuper provide an indexed fund option? Or is that last one what I'm looking at?

 

Fair enough Scott, I have to admit I don't know the exact nuts and bolts of how these unlisted assets are valued across multiple supers. But it is more so my individual preference to have no exposure to such assets.

Hey Jay,

I can not see any public information about an indexed option for AustralianSuper. Perhaps send them an email to clarify. I'd be interested to hear their response.

 

They have ETFs via Member Direct option. But escapes me why I would avoid unlisted assets when they often provide extremely high returns (like venture capital) or very stable income (like infrastructure). They also constitute a small percentage of the premixed options. But each to their own, people gotta do what they are comfortable with.

 

I switched away from them about 6 months ago and they didn't, so I was wondering if things had changed.

 

What are those options called in AusSuper terms? I'd like to learn more too, I'm not stuck in my ways.

 

Member direct info here Member Direct | AustralianSuper
Broadly speaking it’s using super to invest in listed assets including ETFs.

 

No I mean the unlisted options you spoke about, what do they call these products? I'm interested in learning more.

 

Look at their premixed options like balanced and high growth. Has infrastructure and private equity (depending on the option)