HESTA Superannuation Review
HESTA Super is an industry superannuation fund founded in 1987, initially formed for people working in health and community services.
HESTA is now a public offer super fund and HESTA Super is open to anyone to join.
Who are HESTA Super?
HESTA merged with Mercy Super in 2022 and absorbed their members and FUM within their scheme.
HESTA Super currently has over 1 million members and almost $82 billion in retirement funds under management.
All prices / returns quoted as of 30 June 2023 unless otherwise stated.
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Frequently asked questions
Who owns HESTA Super?
HESTA Super is run by a trustee company called H.E.S.T. Australia Limited.
What does HESTA Super invest in?
HESTA Super invests globally and their allocation depends on the investment option chosen. HESTA Super invests in a wide range of primarily Australian and international shares, infrastructure and private equity, along with some exposure to alternatives, property, debt and cash.
What is the 10 year return of HESTA Super?
HESTA Super’s MySuper Balanced Growth product saw a 10 year average return of 8.0% p.a.