HESTA Superannuation Review

Fees, Investment Returns, and How to join

HESTA Super is an industry super fund founded in 1987, initially formed to serve people working in the health and community services sectors. Today, HESTA Super is a public offer super fund, meaning it is open to anyone who wants to join, regardless of their profession. With a long history of serving Australians, HESTA Super has grown to manage over $82 billion in retirement savings and serves over 1 million members.

Who is HESTA Super?

HESTA merged with Mercy Super in 2022, absorbing both its members and funds under management (FUM). HESTA Super continues to deliver services and investment solutions tailored to the needs of its diverse membership. HESTA’s head office is based in Melbourne, Victoria, serving members across the country.

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Frequently asked questions

Who owns HESTA Super?

HESTA Super is managed by a trustee company, H.E.S.T. Australia Limited, which oversees the operations of the fund.

What is the 10 year return of HESTA Super?

The 10-year average return for HESTA Super’s Balanced Growth MySuper option is 7.62% p.a., reflecting the fund’s long-term growth performance.

What does HESTA Super invest in?

HESTA Super offers a broad range of investment options to suit different risk profiles and financial goals. Its portfolio includes Australian and international shares, infrastructure, private equity, property, cash, and alternative assets. Members can select from various ready-made investment options or choose to build their own portfolio using HESTA’s Your Choice options.

By offering a diversified investment strategy, HESTA Super aims to provide members with steady long-term growth while managing risk.

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