Industry Super Fund Hostplus has been presented with Rainmaker SelectingSuper award for Long-Term Performance at the 2019 SelectingSuper Awards in Melbourne last week.
This marks a back to back win for the well-regarded industry fund for hospitality, tourism, recreation and sport, having been recognised in the same category during the 2018 awards.
Hostplus CEO David Elia said it was a privilege and an honour to be acknowledged once again for the Fund’s ongoing dedication to improving members’ retirement outcomes.
“As a super fund we have one simple objective, and that is to help our members retire with more money in their pockets. Awards like this are a testament to the incredible efforts we put in every day to achieve this objective and a powerful incentive to keep pushing ourselves to deliver our very best.”
With a comparatively young member base Hostplus is well positioned to invest for the long term and so these awards closely align with their ongoing investment strategy.
A finalist in six categories, the Fund also picked up the award for Best Performance – Fixed Income, once more mirroring their success at the 2018 event.
According to Alex Dunnin, Executive Director, Research & Compliance at the Rainmaker Group: “Hostplus has shown itself to be one of Australia’s leading and most consistent high performance super funds in Australia.”
“The enviable performance and proven track-record of its flagship MySuper product through the years should give their many members and employer partners tremendous confidence they have chosen a super fund that has the runs on the board, is smartly led, good value, and which is an acknowledged investment leader.”
Hostplus was founded in 1988 and has grown to be one of the largest, and most well-regarded Industry Super Funds with over 1.2 million members and more than $49 billion in funds under management.
The Fund recently opened its Self-Managed Invest product allowing SMSF trustees and other institutional investors to opportunity to take advantage of the Fund’s lauded investment track record.