At HESTA, everything we do is to benefit our members. With more than 1 million members and $74 billion* in funds under management, we've learned a thing or two about looking after super. We're the specialist industry super fund that invests in and for people who make our world better. We're committed to creating better futures for the retirement of our members, women and in fact, all Australians.
We keep member fees down, and our costs low, keeping more of our members' money for their future. We help them take control of their future through education and advice using online tools, nation-wide information sessions or personalised consultations.
Over 30 years of experience in super, combined with our focus on our members' needs and strong long-term performance, has earned us the highest rating from agencies including Rainmaker Information's AAA Quality Rating^.
Investment Performance | Growth Asset Weighting | 1 year (pa) | 3 years (pa)* | 5 years (pa)* | 10 years (pa) |
Australian Shares | 100% | 14.70% | 11.93% | 7.55% | 8.82% |
Balanced Growth | 68.00% | 9.59% | 8.61% | 6.56% | 8.02% |
Cash and Term Deposits | 0.00% | 2.56% | 0.97% | 1.15% | 1.65% |
Conservative | 34.00% | 5.74% | 4.27% | 4.28% | 5.45% |
Diversified Bonds | 0.00% | 0.44% | -2.31% | 0.47% | 2.25% |
High Growth | 84.00% | 12.58% | 11.27% | 8.30% | 9.46% |
Indexed Balanced Growth | 75.00% | 12.47% | N/A | N/A | N/A |
International Shares | 100.00% | 17.96% | 10.65% | 8.13% | 10.19% |
Property and Infrastructure | 50.00% | 3.74% | 8.47% | 5.38% | 7.63% |
Sustainable Growth | 72.00% | 9.94% | 7.63% | 7.28% | 9.28% |
Performance - as at 30 September 2023
Fees | |
Contribution fee | Nil |
Administration fee | $1.00 per week plus 0.15% p.a of your account balance (subject to fee cap)* |
Investment fee | 0.61% - Balanced Growth 0.01% - 0.09% for other investment options |
Buy-sell spread | Nil |
Switching fee | Nil |
Advice fee | Nil |
Other | Plus 0.04% pa (Additional administration costs may be paid from fund assets, not your account. The amount shown is an estimate of the costs deducted for the 12 months to 30 September 2023.) |
Indirect cost ratio | 0.05% pa - Balanced Growth 0%-0.09% for other investment options, deducted from investments before earnings are applied, capped at 3% of account balances under $6,000 at end of year. |
Fee discounts | Nil |
Service Providers | |
Administrator | Australian Administration Services Pty Ltd (part of Link group) |
Asset Consultant | Frontier Advisors Pty Ltd |
Auditor | PwC, KPMG |
Custodian | JPMorgan Chase Bank |
Insurer | AIA Australia |
Lawyer | Allens Linklaters |
Technology Providers | Tecala Group Pty Ltd |
Principal Contact
Debby Blakey (Chief Executive Officer)
Member Telephone
1800 813 327
Member Fax
8660 1650
Address
PO Box 615, Carlton South VIC 3053 Australia
Member Email
[email protected]Website
https://www.hesta.com.au2023
2022