HostPlus Index - How Does It Work?
I have recently changed my Superannuation from AMP to Hostplus and I have done a comparison between "balanced", "high growth" and "index" investment options.
From a basic analysis, taking into consideration of the different types of fees involved between the options, the Index tickles my fancy.
My question is…
when I allocate my money into the option, will Hostplus use my money to buy shares at the current market prices?
am I buying into an allocated pool of money where Hostplus has been positioned since inception?
Is it different between Super funds?