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Hostplus adds infrastructure and lifecycle options

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By Reporter
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3 minute read

Industry fund Hostplus has unveiled two new investment options: an Australian infrastructure option in partnership with Industry Funds Management, and a lifecycle option.

The Australian Infrastructure option, delivered in partnership with Industry Funds Management, gives Hostplus members access to a diversified pool of Australian infrastructure assets, said a statement by the fund.

"Infrastructure assets are typically regulated, have high barriers to entry for competitors and deliver stable, inflation-adjusted investment income, making them highly valued by long-term investors, who are unlikely to have access to investments like these other than through an investment option such as this," said Hostplus.

The Hostplus Life lifecycle option will "help members to manage volatility and reduce the risk of capital loss as they near their expected retirement date".

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As well as launching two new investment options, Hostplus has also made its direct investment option, Choiceplus, available to pension members.

Hostplus chief executive David Elia said the Choiceplus option has been a popular choice among fund members since its launch.

"We’re strong believers that our members’ engagement with their super, and with Hostplus more broadly, provides the best opportunity for us to help them make timely and beneficial decisions about their super," Mr Elia said.

"Part of that engagement includes listening to our members, and we recognise that there are some who would like the option of delegating to us the movement of their super from higher-risk, growth-orientated options to progressively more defensive, lower-risk options as they approach their retirement and seek to shelter their important retirement savings from investment market volatility."