Historical performance results
What sort of returns has the Fund achieved?
In the long term, one of the most significant factors affecting your retirement benefit will be the investment returns you receive from your fund, after costs, fees and taxes are deducted. When you're looking at a super fund you should check what sort of returns the fund has achieved and whether you have a choice of investment options.
You should also examine the investment objectives of the fund or investment option you will be investing in, both to assess the level of risk involved and to establish whether they have been meeting their goals. However, remember that past returns are not a reliable indicator of future results. You should also check whether fees and charges are deducted before or after returns are applied to your account. (HESTA's declared interest rates are after payment of investment management fees, the trustee operating fee, member benefit protection costs and taxes).
How HESTA's investments have performed
| To 30 June 2012 |
HESTA Core Pool
(Balanced Fund) |
| 1 Year |
1.3% |
| 3 Years (p.a.) |
7.0% |
| 5 Years (p.a.) |
0.3% |
| Returns to 30 June 2012 |
Since
inception
(p.a.)
|
5 Years
(p.a.)
|
1 Year
|
| Conservative Pool (commenced 1/7/95) |
6.3% |
2.7% |
4.4% |
Core Pool
(commenced 1/8/87) |
8.4% |
0.3% |
1.3% |
Shares Plus
(commenced 1/7/95) |
7.5% |
-0.7% |
-0.7% |
Eco Pool
(commenced 1/2/00) |
3.5% |
-0.3% |
-0.2% |
| Your Choice Asset Classes (commenced 1/7/2001) |
| Cash |
4.0% |
3.7% |
4.3% |
| Global Bonds |
6.1% |
6.8% |
10.2% |
| Property |
5.6% |
-0.4% |
7.7% |
| Infrastructure |
7.5% |
5.2% |
8.6% |
| International Shares |
0.2% |
-4.1% |
-3.3% |
| Australian Shares |
7.7% |
-0.9% |
-4.0% |
| Private Equity |
5.8% |
5.3% |
10.8% |
Predicting future returns
Previous returns on investment pools or investment classes are not a reliable indicator of future performance. This is because over time your investments may be affected by changing economic conditions, currency fluctuations, or other variables. For example, there are irregular cycles of 'bull' (growing) and 'bear' (contracting) share markets.
Year-to-date performance results
The returns shown below are for the period from 1 July 2012 to 30 April 2013 (they are not rates per annum). Subject to investment market movements, returns for the full financial year may be higher or lower than the returns for this period.
HESTA applies interest on a daily compounding basis, and the rounding of formulae means that the figures for the period below may not equal the sum of the monthly investment performance figures for the same period.
|
Investment option
|
Approximate return for period
1 July 2012 to 30 April 2013
|
| Ready-Made Investment Pools |
| Core Pool |
14.03% |
| Shares Plus |
17.23% |
| Conservative Pool |
8.70% |
| Eco Pool |
19.88% |
| Your Choice Asset Classes |
| Cash |
2.68% |
| Global Bonds |
4.99% |
| Property |
3.58% |
| International Shares |
15.92% |
| Australian Shares |
27.25% |
| Infrastructure |
6.47% |
| Private Equity |
5.84% |
Interim interest rates (non-guaranteed) will be used to calculate any benefit transactions subsequent to the period shown above.