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  5. HESTA Balanced Growth Super - Managed fund profile

HESTA Balanced Growth Super - Managed Fund

Fund Objective
Medium-term (5 years) CPI 3.5% Long-term (10 years) CPI 4% Core Pool aims to optimise returns while only occasionally having a crediting rate less than zero.
Fund Strategy
The fund invests in a diversified but balanced mix of assets and aims to provide a less volatile return than would otherwise be expected in an investment with fund's investment objective.

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% 1.48% 5.19% 14.81% 9.98% 5.56% 7.06% 7.65%
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

HESTA Balanced Growth Super
Australian Equities
22%
International Equities
41%
Cash
5%
Property
6%
Fixed Interest
19%
Alternatives
7%
Average Allocation of Peers
Australian Equities
27.51%
International Equities
34.07%
Cash
5.57%
Property
6.79%
Fixed Interest
21.68%
Alternatives
4.38%

General Information

Fund Details
Type Description
HESTA Balanced Growth Super
H.E.S.T. Australia Limited
Multisector Growth
starstarstarstarstar (as at 31 Oct 2024)
Superannuation Fund
3 Aug 1987
$65934.49 million (as at 31 Oct 2024)
$3.8099 (as at 5 Nov 2024)
$3.8099 (as at 5 Nov 2024)
Open
Offer information
Type Description
MER 0.83% (as at 28 Sep 2024)
Minimum initial investment $50,000
Minimum additional investments
Minimum redemption amount

FAQs about the HESTA Balanced Growth Super

The objective of the HESTA Balanced Growth Super managed fund is Medium-term (5 years) CPI + 3.5% Long-term (10 years) CPI + 4% Core Pool aims to optimise returns while only occasionally having a crediting rate less than zero.

The strategy of the HESTA Balanced Growth Super managed fund is The fund invests in a diversified but balanced mix of assets and aims to provide a less volatile return than would otherwise be expected in an investment with fund's investment objective.

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

HESTA Balanced Growth Super’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 Super’s total return for the last three months was 1.48%. 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 Super’s one-year total return is 14.81%. 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 Super’s one-year total return is 5.56%. 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 Super managed fund is :

Australian Equities
22%
International Equities
41%
Cash
5%
Property
6%
Fixed Interest
19%
Alternatives
7%

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

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

As at 31 Oct 2024, the size of the HESTA Balanced Growth Super managed fund was $65934.49 million.

The HESTA Balanced Growth Super managed fund has an inception date of 3 Aug 1987.

The current entry price of the HESTA Balanced Growth Super managed fund is $3.8099 per unit and the current exit price is $3.8099 per unit (as at 5 Nov 2024).

The current exit price of the HESTA Balanced Growth Super managed fund is $3.8099 per unit and the current entry price is $3.8099 per unit (as at 5 Nov 2024).

The minimum initial investment amount for the HESTA Balanced 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.