🌱 A Healthy Start HESTA was established in 1987 with a clear purpose: to provide superannuation for the dedicated individuals working in Australia's health and community services sector. The fund was created to support a workforce that is predominantly comprised of women.
👩⚕️ For Members, Not Profit As an industry super fund, HESTA is run only to benefit its members. From its headquarters in Melbourne, the fund has grown to serve over one million members, more than 80% of whom are women, advocating for a fair financial future for its community.
🏆 Investing with Impact HESTA is committed to achieving strong long-term investment performance for its members. The fund believes in responsible investing, aiming to generate competitive returns while making a positive and meaningful difference in the world.
Assets Under Management
$95 Billion
Total Members
1,000,000 Members
ESG Options
Ethical Options
Est. Annual Fee
$437 on $50k
HESTA's default Balanced Growth option targets a growth-oriented asset allocation, investing mainly in shares, private equity, property, and infrastructure, with a smaller allocation to debt and cash. The fund integrates responsible investment considerations across all options. With a suggested minimum investment timeframe of five to seven years, the Balanced Growth option aims to deliver medium to long-term growth while accepting some short-term volatility.
At an estimated $437 per year on a $50,000 balance, HESTA sits below the industry median of $467. The fund's administration fee comprises a $52 annual fee plus 0.15% of the account balance, with the percentage-based component capped at balances of $500,000. This structure means members with smaller balances pay proportionally less in dollar terms.
HESTA suits workers in health and community services seeking a fund that understands their sector, but membership is open to all Australians. It is particularly well-suited for members who value responsible investing, want a competitive default option without actively managing their portfolio, and appreciate member-focused benefits such as parental leave insurance support.
Default Option as at 30 June 2025
| Option Name ↑ | 1 Year ↕️ | 3 Year ↕️ | 5 Year ↕️ | 10 Year ↕️ |
|---|---|---|---|---|
| Australian Shares | +8.07% | +8.20% | +8.22% | +9.05% |
| Balanced Growth | +7.77% | +8.12% | +7.15% | +7.89% |
| Cash and Term Deposits | +3.58% | +3.82% | +2.68% | +2.05% |
| Conservative | +5.16% | +5.31% | +4.49% | +5.22% |
| Diversified Bonds | +1.89% | +2.40% | +0.23% | +1.75% |
| High Growth | +9.64% | +10.24% | +8.98% | +9.72% |
| Indexed Balanced Growth | +9.40% | +9.78% | +7.65% | N/A |
| International Shares | +9.63% | +14.79% | +9.16% | +11.18% |
| Property and Infrastructure | +5.74% | +3.31% | +6.03% | +5.75% |
| Sustainable Growth | +2.74% | +5.38% | +4.49% | +7.69% |
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