HESTA Super Fund


More people in health and community services choose HESTA for their super.

With over 25 years of experience in the sector, we have more than 800,000 members and $34 billion in assets.

HESTA is the fund for health and community services. Our members include those working in aged care, private and public hospitals, community services, primary health care and early childhood education and care.

HESTA's size means we can keep our fees low and provide education and advice to members about their super, at no extra cost.

There are 13 Trustee Directors on HESTA's Board, with equal appointments from employee and employer organisations in health and community services and an Independent Chair. This ensures member and employer voices are heard and their views considered when decisions are made.

HESTA maintains the highest rating from all ratings agencies including SelectingSuper's AAA Quality Rating. In 2015, HESTA won SelectingSuper's Workplace Super Product of the Year  Value Category.

Product Inception Date




Year Established


Fund Value

$34 billion

Fund Membership


Key Features

  • Our default option, Core Pool, has a long-term investment objective of CPI+4% because we recognise the importance of strong investment returns to the retirement savings of our members.
  • Low fees - no entry, exit or contribution fees.
  • Australia-wide membership - the HESTA app including your digital member card makes it easier to take HESTA to your new job and keep track of your super.
  • Default Income Protection Cover to age 67 and Death Cover to age 75.
  • Lump sum Total and Permanent Disablement Cover also available.
  • Members can access personal advice about super at no extra cost, and comprehensive financial planning on a fee-for-service basis.
  • Easy employer administration - QuickSuper clearing house is SuperStream compliant and available free to HESTA employers, with administrative support available to all.
  • Professional fund management - our investment managers are monitored by our investment consultant, in conjunction with our Investment Strategy Unit, and Board.
  • Investment choice - HESTA offers four Ready-Made Investment Pools, seven Your Choice Asset Classes or members can customise their own mix.
  • Incorporating Environmental, Social and Governance (ESG) factors - HESTA is one of Australia's largest investors in renewable energy, climate solutions and other green investments. HESTA's fund managers are required to consider ESG
  • factors when evaluating the companies we invest in.
  • Post-work options - stay with us when you retire or while transitioning to retirement with HESTA Income Stream.

Information provided by H.E.S.T. Australia Ltd ABN 66 006 818 695 AFSL 235249, the Trustee of Health Employees Superannuation Trust Australia (HESTA) ABN 64 971 749 321. Before making a decision about HESTA products you should read the relevant Product Disclosure Statement (call 1800 813 327 or visit hesta.com.au for a copy), and consider any relevant risks (hesta.com.au/understandingrisk).

Investment Option Descriptions

Investment Option Names Description Medium term (5yrs) investment objective Long term (10yrs) investment objective
Conservative Pool Invests in a diversified portfolio, including unlisted assets, with a growth weighting around 33%. CPI+1.5% CPI+3%
Core Pool (our MySuper default option) Invests in a highly diversified portfolio, including unlisted assets, with a growth exposure of around 71%. CPI+3.0% CPI+4%
Shares Plus Invests in a diversified portfolio including assets other than shares, such as global credit and unlisted assets. CPI+4.0% CPI+4.5%
Eco Pool Has a diversified portfolio of assets, while investing in companies demonstrating best practice sustainability performance. CPI+3.0% CPI+4%
Your Choice Members can choose from seven asset class options, which can be blended to create a tailored investment approach. Based on benchmarks for each asset class Based on benchmarks for each asset class

Investment Option Performance

Investment Option Names Growth Asset Weighting 1 year 3 years 5 years
Conservative Pool Defensive 66.1% Growth 33.9% 4.42% 6.50% 6.62%
Core Pool Defensive 29.0% Growth 71.% 3.03% 8.68% 8.35%
Shares Plus Defensive 10.3% Growth 89.7% 1.65% 9.26% 8.97%
Eco Pool Defensive 28.0% Growth 72% 6.55% 11.15% 10.78%
Cash Defensive 100% Growth 0% 2.1% 2.46% 3.02%
Global Bonds Defensive 100% Growth 0% 3.06% 4.62% 6.02%
Property Defensive 63.5% Growth 36.5% 9.92% 10.19% 8.79%
Infrastructure Defensive 55% Growth 45% 10.94% 9.77% 9.33%
International Shares Defensive 0% Growth 100% -6.44% 12.64% 8.88%
Australian Shares Defensive 0% Growth 100% -5.66% 6.35% 6.7%
Private Equity Defensive 10% Growth 90% 12.59% 16.23% 13.83%

Growth Asses Weighting as at 1 September 2016, Performance to 30 June 2016

Insurance Options Available

Death only, Death & TPD, Income Protection

Extra Benefits Available

Financial advice - limited, financial advice - full financial planning, online account access, online investment switching, business loans*, home loans*, insurance - private health*. Special banking benefits through ME

Member Communications

Newsletters for members, education seminars, PDSs available on our website, monthly investment performance is available on our website. A half-yearly record of contributions in addition to an annual statement, access to regular email updates about super and investing.

Employer Services

SuperStream-compliant clearing house ? QuickSuper ? offered free to HESTA employers, national support service with Client Relationship Managers for every state/territory, monthly contribution advices, newsletters, employer magazines.

Fees & Charges

Investment fee Nil
Administration fee* $1.25 per week, plus 0.08% p.a. for Core Pool and 0.10% for other options (subject to a fee cap)*
Buy-sell spread Nil
Switching fee Nil
Exit fee Nil
Advice fees relating to all members Nil
Other fees and costs See Fees and costs at hesta.com.au/pds for information about activity fees, insurance fees and advice fees for personal advice
Indirect cost ratio Range of 0.04% to 3.4% p.a.
Core Pool 0.75%

*The percentage based Administration Fee is not charged on any amount of your account balance in excess of $350,00.
Fees at 1 September 2016

Service Providers

Service Providers
Administrator Australian Administration Services Pty Ltd (part of LINK group)
Asset Consultant Frontier Advisors Pty Ltd
Auditor PricewaterhouseCoopers
Custodian JPMorgan Chase Bank
Insurer CommInsure
Lawyer Holding Redlich
Mills Oakley Lawyers
HWL Ebsworth
Corrs Chambers Westgarth

$34 billion
SelectingSuper's Super Fund of the Year Award
Principal Contact
Debby Blakey
Member Telephone
1800 813 327
Employer Telephone
1800 813 327
Member Fax
1300 368 636
Locked Bag 5136, Parramatta, NSW 2124
Member Email
Employer Email
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