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Your statement made easy
The language of super can be confusing. This easy-to-read guide will help you better understand the more technical aspects of your statement.
A
Net cash flows
The net cash flows include two components:
1 July 2014 - 31 December 2014
• money that is deposited into your account
over the statement period, such as
contributions made by:
1320021100002222020122001100000011000102011200202133310000310130013
005/2154/N/
Your member number: 12345678
000001-000001-0 S1
1300 HOSTPLUS (1300 467 875)
[email protected]
hostplus.com.au
Phone:
Email:
Visit:
.S4BN4BNQMF
4BNQMF4USFFU
4".1-&508/45"5&
%FBS.S4BNQMF
Dear
Mr Sample
Please find enclosed your six monthly HOSTPLUS statement. I would encourage you to take a few minutes to
check your account details and take a look at the Super update.
I’m pleased to say that the HOSTPLUS Balanced option returned 5.31% for the six months to 31 December 2014
– an above average result in the SuperRatings Fund Crediting Rate Survey. Results in this survey for the year to
31 December 2014 show the Balanced option returning 9.29% – a top quartile, top ten result over 1, 3, 5 and 10
years.
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Sam
If you have any questions about your super, please call us on 1300 HOSTPLUS (1300 467 875), 8am-8pm
(AEST), Monday to Friday and we’ll be happy to help. Thank you for choosing HOSTPLUS.
Best wishes,
David Elia
Chief Executive Officer
– you (eg. rollovers, transfers or
personal contributions)
– your employer on your behalf (eg.
Superannuation Guarantee, award or
salary sacrifice contribution)
– the government (eg. government
co-contributions).
• money that is rolled/transferred out of
your account or cashed out of your
account such as:
– transfers to other funds (including
payment to an Eligible Rollover Fund)
$24,012.42
$3,723.16
B
C
D
$1,358.53
$0.00
$39.00
$28,497.91
$485.18
$72.02
$0.00
A
Award winning performance you can count on
HOSTPLUS is proud to receive the SelectingSuper Awards for Super Fund of the Year and Retirement Product of the Year for
2014. Coming on the heels of our Money Magazine Best of the Best award for the Lowest-Cost Balanced Super Fund for our
Indexed Balanced Option, it’s another example of our commitment to award winning performance. It’s why we’ve enjoyed
Top 10 investment performance over the past 1, 3, 5 and 10 years as rated by SuperRatings.
Keep up to date with the latest news in our Super update in this statement, or visit hostplus.com.au
Page 1 of 7
– benefit payments.
Any amounts deposited into your account or
rolled/transferred out or cashed out of your
account after 31 December 2014 will appear on
your next statement.
B
Net investment returns
Net investment returns represent the rate of
return on each investment option, net of
investment-related fees, costs and taxes
allocated to your account for the statement
period depending on your chosen investment
option/s. If you’ve changed investment options
during this period, net investment returns will
be calculated using the net investment returns
that applies for each option you have chosen.
The amount will depend on how long your
super has been invested in each of those
options during the statement period. Net
investment returns can be positive or negative.
C
ChoicePlus investments
If you have ChoicePlus investments, the total
amount of your ChoicePlus investments will
appear here. Further details about your
ChoicePlus investments will be in your
statement.
D
Administration fee
The administration fee (also known as
the ‘member fee’) is a fee that relates to the
administration of your account and the broader
operations of the fund and is deducted from
your account. Our administration fee is
$1.50 per week, charged weekly and
deducted monthly.
Next page 2 ➤
INH_0584_0215
Your statement made easy continued…
E
1 July 2014 - 31 December 2014
If your details have changed you can update them on SuperSite - just login at hostplus.com.au
Name:
0U6DP6DPSOH
Mr
Sam Sample
Member No:
12345678
Address:
6DPSOH6WUHHW6ampletown
67$7(
1
Sample St, Sampletown VIC
3000
Email Address:
[email protected]
VVDPSOH#VDPSOHQHWFRP
TFN:
Yes. Thank you for supplying your Tax File Number.
Age next birthday: 45 years
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Sam
$28,497.91
$24,012.42
$38.85
$21,462.60
$18,228.09
$0.00
$28,459.06
$28,497.91
Jun 2013
Dec 2013
Jun 2014
Dec 2014
Your insurance as at 31 December 2014
No. of Units
E
Your Benefit
Death
1
$62,250.00
Total and Permanent Disability (TPD)
1
$62,250.00
Salary Continuance
NIL
Please note that in the event of a claim the amount of insurance cover outlined above is added on to your account balance and may differ from the account balance in force on 31
December 2014. In the event of a TPD or death benefit claim, your benefit payable will be based on the level of cover you held at the time of the event (this may be higher or
lower than the benefit amount shown above) and may be paid in addition to your account balance to either you, your dependents and/or your legal personal representative. Your
entitlement to the above mentioned insurance cover is subject to you meeting eligibility criteria and the terms of the insurance policy. You should refer to our Member Guide for
Your insurance benefits
In the event of a TPD or death benefit being
payable, this amount will be paid in addition
to your account balance to either you, your
dependants and/or your legal personal
representative. This amount depends on your
eligibility for cover and the date of the event
causing you to be totally and permanently
disabled – which as at 31 December 2014 may
be less than the amount shown on your
statement. Salary continuance benefits
(if applicable) are payable monthly. These
benefits may change over time.
F
Your nominated beneficiaries
In the event of your death, your dependants
or your personal legal representative will receive
your benefit. The trustee will determine who
will receive your benefit based on the type of
nomination you have made:
• Valid binding death nomination – this
nomination binds the trustee to pay your
death benefit as you have nominated,
provided your nominated beneficiary is your
dependant or personal legal representative.
If your nomination is binding the expiry date
will be shown. Binding death nominations
expire every 3 years.
• Non-binding death nomination – this
nomination tells the trustee who you would
like to receive your benefit. The trustee is
not bound by your nomination but will take
it into account when determining
who receives your benefit.
more information available at hostplus.com.au
F
Your nominated beneficiaries
6$0$7+$6$03/(67(3+$1,(6$03/(6$5$6$03/(
Next page 3 ➤
With BPAY you can use phone or online banking to make a personal contribution to your HOSTPLUS account.
Biller code: 58560
Reference number: 350011001457327
® Registered to BPAY Pty Ltd ABN 69 079 137 518.
MIIALL0101_622278
Page 2 of 7
INH_0584_0215
Your statement made easy continued…
G
The net investment returns, which can be
positive or negative, is the investment return for
each investment option, net of all investmentrelated fees, costs and expenses. Investment
expenses vary for each investment option
and are negotiated with investment managers
who manage the fund’s assets. Further
information is available in the HOSTPLUS
Member Guide at hostplus.com.au
1 July 2014 - 31 December 2014
Investment performance
The compound average effective rate of net investment returns (also known as net fund earnings), ending
31 December 2014. Your account is invested in the following options:
G
6 months
1 year
5.31%
9.29%
Balanced1
5 years p.a. 10 years p.a.
8.92%
7.14%
Please note that the investment returns shown above are provided for comparison purposes only. Weekly net investment returns
tes are ra
used for
calculating the actual earnings on your investment.
A full list of weekly net investment returns (also known as net fund earnings) for our investment options is available
hostplus.com.au
at
The long-term investment returns are not necessarily reflective of your actual return over the same period. This couldobe
you
due
moving
t
into or out of the
investment option at a time during the periods, or due to the splitting of your superannuation across more than one investment
option.
Past investment performance is not a reliable indicator of future performance.
1
From 1 July 2013, the Balanced option, our default option became our MySuper product. The product dashboard for our MySuper
ion can
opt
be found at
hostplus.com.au/dashboard
Your investment choice details
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Sam
Opening
balance as at
01.07.14
Switch*
Contributions
Transfers
in
Net
investment
returns
Benefit
payments
made
Provision
for
taxes
Administration Insurance
Account
fee
premiums balance as at
31.12.14
Balanced
$24,012.42
-$12,525.00
$2,233.34
$0.00
$834.00
$0.00
-$242.61
-$19.50
-$36.02
$14,256.63
TOTAL
$24,012.42
$0.00
$3,723.16
$0.00
$1,358.53
$0.00
-$485.18
-$39.00
-$72.02
$28,497.91
* See Your investment switches for a summary of the switches you made in this period.
Your future contributions
In accordance with your instructions, your future contributions will be invested as follows:
Balanced
50.00%
Shares Plus
50.00%
Your transactions
Trans
date
Description
Payment Period
Weeks Employer
Member
paid SG/award contributions
Salary
sacrifice
Employer
additional
01.07.14 YOUR OPENING BALANCE
PLUS NET CASH FLOWS
H
29.10.14 - 25.11.14
4
143.51
227.24
144.12
142.76
164.96
236.12
91.80
0.00
134.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
488.55
0.00
600.00
0.00
550.00
200.00
250.00
0.00
150.00
0.00
200.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
743.51
227.24
694.12
342.76
414.96
236.12
241.80
488.55
334.10
I
Subtotal - net cash flows
$3,723.16
PLUS NET INVESTMENT RETURNS
$1,358.53
J
MINUS DEDUCTIONS
K
L
Government contributions tax - 15%
Administration fee
Insurance premiums
-$485.18
-$39.00
-$72.02
Subtotal - deductions
-$596.20
31.12.14 YOUR CLOSING BALANCE
H
Deductions
Deductions represent what has been taken
out of your account over the statement period
including administration fees, government taxes,
insurance premiums and any financial planning
fees. However, it excludes amounts rolled over,
transferred or cashed out of your account.
TOTAL
$24,012.42
28.05.14 - 24.06.14 4
01.04.14 - 30.06.14 13
25.06.14 - 29.07.14 5
30.07.14 - 26.08.14 4
27.08.14 - 30.09.14 5
01.07.14 - 29.09.14 13
01.10.14 - 28.10.14 4
Net investment returns
$28,497.91
Indirect costs of your investment: $112.38. This approximate amount has been deducted from your investment and includes amounts that have reduced
the return on your investment but are not charged directly to you as a fee. The amount includes indirect investment costs. This is a notional amount and
may not be an accurate estimate.
Total fees you paid: $111.02. This approximate amount includes all the fees and costs which affected your investment during the period.
Page 3 of 7
I
Tax
As determined by the Federal Government,
superannuation taxes are deducted from your
account and paid directly to the Australian
Taxation Office. These may include the
contribution tax (on employer contributions),
anti-detriment contribution tax refunds, the
superannuation surcharge for previous financial
years (if applicable) and surcharge interest.
Please note: The surcharge was abolished on
1 July 2005. This section may also include an
additional tax which is imposed by the
Government for not providing your tax file
number. This section also includes ‘no TFN
tax refunds’.
J
No TFN contribution tax if applicable
This tax is applied on your super contributions
if you have not provided your Tax File Number
(TFN) to HOSTPLUS. Any information received
after the cut-off date of 30 June each year will
be taken into account in the next end of
financial year statement.
K
Administration fee
The administration fee (also known as
the ‘member fee’) is a fee that relates to the
administration of your account and the broader
operations of the fund and is deducted from
your account. Our administration fee is
$1.50 per week, charged weekly and
deducted monthly.
L
Insurance premiums
Insurance premiums (fees), where applicable,
are charged weekly and deducted monthly.
This amount represents the total premiums
deducted from your account over the
statement period.
INH_0584_0215