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  5. HESTA Balanced Growth Pension - Managed fund profile

HESTA Balanced Growth Pension - Managed Fund

Fund Objective
To earn an after-tax return, after investment fees and indirect costs, equivalent to or higher than CPI 3.0%
Fund Strategy
Invests in a wide range of mainly shares, property and infrastructure, with some private equity, alternatives, debt and cash investments. With a higher exposure to growth assets, this option may experience high volatility.

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 0% 1.64% 5.73% 16.45% 11.4% 8.7% -% -%
Growth return -% -% -% -% -% -% -% -%
Income return -% -% -% -% -% -% -% -%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return -0.43% 1.58% 7.38% 20.91% 12.04% 5.34% 6.61% 7.49%
As at 31 Oct 2024. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

No asset allocation data available.
Average Allocation of Peers
Alternatives
4.38%
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%

General Information

Fund Details
Type Description
HESTA Balanced Growth Pension
H.E.S.T. Australia Limited
Multisector Growth
starstarstarstarstar (as at 31 Oct 2024)
Allocated Pension
12 Dec 2007
$3682.54 million (as at 31 Oct 2024)
$2.869 (as at 5 Nov 2024)
$2.869 (as at 5 Nov 2024)
Open
Offer information
Type Description
MER 0.84% (as at 28 Sep 2024)
Minimum initial investment $50,000

FAQs about the HESTA Balanced Growth Pension

The objective of the HESTA Balanced Growth Pension managed fund is To earn an after-tax return, after investment fees and indirect costs, equivalent to or higher than CPI + 3.0%

The strategy of the HESTA Balanced Growth Pension managed fund is Invests in a wide range of mainly shares, property and infrastructure, with some private equity, alternatives, debt and cash investments. With a higher exposure to growth assets, this option may experience high volatility.

The APIR code of the HESTA Balanced Growth Pension managed fund is .

HESTA Balanced Growth Pension’s total return last month was 0%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

HESTA Balanced Growth Pension’s total return for the last three months was 1.64%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2024.

HESTA Balanced Growth Pension’s one-year total return is 16.45%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

HESTA Balanced Growth Pension’s one-year total return is 8.7%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

The asset allocation of the HESTA Balanced Growth Pension managed fund is :

Alternatives
100%
Australian Equities
0%
International Equities
0%
Cash
0%
Property
0%
Fixed Interest
0%

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

The HESTA Balanced Growth Pension managed fund belongs to the Multisector Growth sector/asset class.

As at 31 Oct 2024, the size of the HESTA Balanced Growth Pension managed fund was $3682.54 million.

The HESTA Balanced Growth Pension managed fund has an inception date of 12 Dec 2007.

The current entry price of the HESTA Balanced Growth Pension managed fund is $2.869 per unit and the current exit price is $2.869 per unit (as at 5 Nov 2024).

The current exit price of the HESTA Balanced Growth Pension managed fund is $2.869 per unit and the current entry price is $2.869 per unit (as at 5 Nov 2024).

The minimum initial investment amount for the HESTA Balanced Growth Pension managed fund is $50,000.

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.