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  5. HESTA High Growth Super - Managed fund profile

HESTA High Growth Super - Managed Fund

Fund Objective
Medium-term (5 years) CPI 5% Long-term (10 years) CPI 5% Shares Plus aims to provide higher long-term returns than Core Pool. Since there may be substantial year-to-year variation in returns, even in the longer term, Shares Plus may not outperform other Pools. It has a diversifi ed portfolio that includes assets other than shares.
Fund Strategy
The fund has a mixed asset allocation, with more exposure to the share market than Core Pool. However, its diversifi cation means that it has a lower risk profi le than an investment in shares alone.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.69% 7.03% 6.63% 13.86% 8.03% 9.64% 9.44% 9.03%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Agg Tgt Alloc NR AUD)
Total return 2.91% 7.77% 15.61% 18.4% 8.2% 8.89% 9.42% 9.28%
As at 29 Feb 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

HESTA High Growth Super
Australian Equities
32%
International Equities
44%
Cash
3%
Property
6%
Fixed Interest
5%
Alternatives
10%
Average Allocation of Peers
Australian Equities
33.54%
International Equities
47.02%
Cash
5.46%
Property
5.36%
Fixed Interest
5.29%
Alternatives
3.34%

General Information

Fund Details
Type Description
HESTA High Growth Super
H.E.S.T. Australia Limited
Multisector Aggressive
starstarstarstar (as at 31 Jan 2024)
Superannuation Fund
3 Jul 1995
$2777.1 million (as at 29 Feb 2024)
n/a
n/a
Open
Offer information
Type Description
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

FAQs about the HESTA High Growth Super

The objective of the HESTA High Growth Super managed fund is Medium-term (5 years) CPI + 5% Long-term (10 years) CPI + 5% Shares Plus aims to provide higher long-term returns than Core Pool. Since there may be substantial year-to-year variation in returns, even in the longer term, Shares Plus may not outperform other Pools. It has a diversifi ed portfolio that includes assets other than shares.

The strategy of the HESTA High Growth Super managed fund is The fund has a mixed asset allocation, with more exposure to the share market than Core Pool. However, its diversifi cation means that it has a lower risk profi le than an investment in shares alone.

The APIR code of the HESTA High Growth Super managed fund is .

HESTA High Growth Super’s total return last month was 2.69%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2024.

HESTA High Growth Super’s total return for the last three months was 7.03%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 29 Feb 2024.

HESTA High Growth Super’s one-year total return is 13.86%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2024.

HESTA High Growth Super’s one-year total return is 9.64%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 29 Feb 2024.

The asset allocation of the HESTA High Growth Super managed fund is :

Australian Equities
32%
International Equities
44%
Cash
3%
Property
6%
Fixed Interest
5%
Alternatives
10%

The Responsible Entity for the HESTA High Growth Super managed fund is H.E.S.T. Australia Limited.

The HESTA High Growth Super managed fund belongs to the Multisector Aggressive sector/asset class.

As at 29 Feb 2024, the size of the HESTA High Growth Super managed fund was $2777.1 million.

The HESTA High Growth Super managed fund has an inception date of 3 Jul 1995.

The current entry price of the HESTA High Growth Super managed fund is $ per unit and the current exit price is $ per unit (as at ).

The current exit price of the HESTA High Growth Super managed fund is $ per unit and the current entry price is $ per unit (as at ).

The minimum initial investment amount for the HESTA High Growth Super managed fund is $50,000. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.