HESTA Super Performance: Returns to June 30 2021
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| Conservative | 8.72% | 5.75% | 6.18% |
| Median | 7.90% | 4.60% | 4.80% |
| Conservative VS Median | 0.82% | 1.15% | 1.38% |
| Balanced Growth | 19.03% | 8.48% | 9.39% |
| Median | 17.60% | 8.0% | 8.80% |
| Balanced Growth VS Median | 1.43% | 0.48% | 0.59% |
| - | - | - | - |
| Median | - | - | - |
| VS Median | - | - | - |
| High Growth | 24.92% | 10.54% | 11.41% |
| Median | 22.40% | 9.20% | 10.40% |
| High Growth VS Median | 2.52% | 1.34% | 1.01% |
HESTA Fees
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| Conservative | 65 | 0.51% | $320 |
| Balanced Growth | 65 | 0.89% | $510 |
| HESTA Super | - | - | - |
| High Growth | 65 | 1.24% | $685 |
Asset Allocation
| Rank | Asset | % |
|---|
| Rank | Asset | % |
|---|
| Rank | Asset | % |
|---|
Insurance Rating
0
/100
OmniLife
HESTA Fund Information
ABN: 64 971 749 321
USI: HST0100AU
Address: Locked Bag 5136 Parramatta NSW 2124
About HESTA Super
Founded in 1987, HESTA Super is an Industry super fund and is linked to employees of the health and community service sectors.
HESTA Super has over 880,000 members with $60 Billion in assets under management.
HESTA Super Investment Options
HESTA Super has 5 ‘Ready-Made options’ and 5 ‘Your Choice options’
Ready-Made options:
Balanced Growth, Conservative, Indexed Balanced Growth, Sustainable Growth and High Growth.
Your Choice options:
Cash and Term Deposits, Diversified Bonds, Property and Infrastructure, International Shares and Australian Shares
HESTA Super Performance
HESTA Super’s Conservative, Balanced Growth and High Growth investment options have outperformed the median over 1, 3, and 5 years.
HESTA Super Fees
HESTA Super’s fees for their MySuper option are below the median compared to other funds’ MySuper options listed on Review My Super.
HESTA Super Insurance
HESTA Super offers life, TPD and income protection Insurance to their members.
You can apply to increase your cover above the default rates, with the following limits:
Death – $3 million.
TPD – $2 million.
Income protection – $25,000 per month, capped at the lesser of the monthly benefit equal to the units of cover
last accepted for that Insured member and 85% of the insured member’s Pre-Disability Income.
Insurance is provided by AIA Australia Ltd. You can compare the wider market and have the premiums paid via your super. Compare insurers here.
HESTA Super Financial Advice
HESTA Super can provide General and limited personal advice at no additional cost.
HESTA Super also provide Comprehensive personal advice. This will be provided by a financial adviser and a Statement of Advice issued, this will most likely come at a cost.
Advice is provided by H.E.S.T. Australia Ltd (the trustee) and Link Advice Pty Ltd.
A benefit of seeking advice through HESTA Super is it is free for general and basic advice and the advisers will be very familiar with HESTA Super and all its options.
A downside is they will not likely recommend funds other than HESTA Super, even if there are more suitable options.
To speak with an advisor that can consider all available funds and insurers in the market, please fill out the ‘Speak To An Advisor’ form on this page.
Frequently Asked Questions
HESTA’s growth, balanced and conservative options have outperformed the median over 1,3 and 5 years.
Fees are close to the median for these three options.
Based on this evidence, it would be reasonable to declare HESTA a good super fund.
Yes, HESTA Super is an APRA fund.
No, HESTA is not a self-managed super fund. It is regulated by APRA.
HESTA Super stands for Health Employees Superannuation Trust Australia.
Yes, HESTA Super is an Industry Super Fund.
HESTA Super is a not-for-profit fund with an industry membership base.
Yes, anyone can join HESTA Super.
Overall hesta is doing quite well as a super fund but constantly does out perform them .
every time i ph get the run around,