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  5. HESTA Indexed Balanced Growth Super - Managed fund profile

HESTA Indexed Balanced Growth Super - Managed Fund

Fund Objective
To earn an after-tax return, after investment fees and indirect costs, equivalent to or higher than CPI 2.0%
Fund Strategy
Invests in a mix of low-cost asset class strategies that aim to closely match index returns. With a high exposure to growth assets, this option may experience high volatility.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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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% 1.87% 6.89% 20.13% 11.79% 5.96% -% -%
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
4.45%
Australian Equities
27.54%
International Equities
34.01%
Cash
5.65%
Property
6.82%
Fixed Interest
21.54%

General Information

Fund Details
Type Description
HESTA Indexed Balanced Growth Super
H.E.S.T. Australia Limited
Multisector Growth
starstarstarstar (as at 31 Oct 2024)
Superannuation Fund
10 Jan 2020
$428.61 million (as at 31 Oct 2024)
$1.4407 (as at 5 Nov 2024)
$1.4407 (as at 5 Nov 2024)
Open
Offer information
Type Description
MER 0.30% (as at 28 Sep 2024)

FAQs about the HESTA Indexed Balanced Growth Super

The objective of the HESTA Indexed Balanced Growth Super managed fund is To earn an after-tax return, after investment fees and indirect costs, equivalent to or higher than CPI + 2.0%

The strategy of the HESTA Indexed Balanced Growth Super managed fund is Invests in a mix of low-cost asset class strategies that aim to closely match index returns. With a high exposure to growth assets, this option may experience high volatility.

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

HESTA Indexed 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 Indexed Balanced Growth Super’s total return for the last three months was 1.87%. This was made up of a growth return of -% and an income return of -%%. These returns were calculated as at 31 Oct 2024.

HESTA Indexed Balanced Growth Super’s one-year total return is 20.13%. This was made up of a growth return of -% and an income return of -%. These returns were calculated as at 31 Oct 2024.

HESTA Indexed Balanced Growth Super’s one-year total return is 5.96%. 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 Indexed Balanced Growth Super managed fund is :

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

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

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

As at 31 Oct 2024, the size of the HESTA Indexed Balanced Growth Super managed fund was $428.61 million.

The HESTA Indexed Balanced Growth Super managed fund has an inception date of 10 Jan 2020.

The current entry price of the HESTA Indexed Balanced Growth Super managed fund is $1.4407 per unit and the current exit price is $1.4407 per unit (as at 5 Nov 2024).

The current exit price of the HESTA Indexed Balanced Growth Super managed fund is $1.4407 per unit and the current entry price is $1.4407 per unit (as at 5 Nov 2024).

The minimum initial investment amount for the HESTA Indexed Balanced Growth Super managed fund is $.

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.