HESTA Transition to Retirement performance

View the latest returns for our various Transition to Retirement investment options.

we're changing your investment options

As of 1 October 2020 our investment options have changed.

1 July 2017 changes

Changes to superannuation legislation from 1 July 2017, means that investment earnings in a transition to retirement income stream are now subject to up to 15% tax.  

 

Investment choices

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† Previously named Core Pool. Commenced 1 August 1987 | * Previously named Conservative Pool. Commenced 1 July 1995 | ^ Commenced 1 October 2020 | § Previously named Eco Pool. Commenced 1 February 2000 | ‡ Previously named Shares Plus. Commenced 1 July 1995 | + Previously named Cash; changed to include Term Deposits on 1 Oct 2020. Performance history before 1 October 2020 based on Cash. Commenced 1 July 2001 | Ø Previously named Property; changed to include Infrastructure on 1 Oct 2020. Performance history before 1 October 2020 based on Property. Commenced 1 July 2001 | ± Previously named Global bonds. Commenced 1 July 2001 | # Commenced 1 July 2001

Returns are net of investment fees, Indirect Cost Ratio (ICR) and taxes. Rounding has been applied to the graph to the nearest dollar

Financial year-to-date performance 

Subject to investment market movements, returns for the full financial year may be higher or lower than the returns for the financial year-to-date period.

 

Weekly performance 

The change in unit prices reflects changes in the value of the assets held by each investment option and is used to determine the weekly percentage investment return for each option. In times of poor investment performance, unit prices may fall and rates may therefore be negative.

Where a financial year end (i.e. 30 June) does not occur on a Tuesday (when we normally value assets), investment performance for part weeks will be displayed for both the last week of the financial year and the first week of the new financial year. 

HESTA applies returns on a weekly basis, and the rounding of formulae means that the investment performance figures over a longer period of time may not equal the sum of the weekly investment performance figures over the same period.

 

Historical performance results

In the long term, one of the most significant factors affecting your retirement benefit will be the investment performance after costs, fees and taxes are deducted. When you're looking at a super fund you should check what sort of performance 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 performance is not a reliable indicator of future performance.

 

Unit prices

We generally value our investment options as at the close of business every Tuesday and release corresponding unit prices on Friday. Your account balance will reflect the most recent unit price available.

 

Initial change to unit pricing

HESTA changed from crediting rates to unit pricing in December 2016.

Investment performance figures for the week 30 November – 6 December 2016 is a combination of a crediting rate and unit prices that applied over that period.

Prior to the week 30 November – 6 December 2016, investment performance figures are the historical crediting rates. There are no unit prices for these prior periods. 

Financial year-to-date performance 

Subject to investment market movements, returns for the full financial year may be higher or lower than the returns for the financial year-to-date period.

 

Weekly performance 

The change in unit prices reflects changes in the value of the assets held by each investment option and is used to determine the weekly percentage investment return for each option. In times of poor investment performance, unit prices may fall and rates may therefore be negative.

Where a financial year end (i.e. 30 June) does not occur on a Tuesday (when we normally value assets), investment performance for part weeks will be displayed for both the last week of the financial year and the first week of the new financial year. 

HESTA applies returns on a weekly basis, and the rounding of formulae means that the investment performance figures over a longer period of time may not equal the sum of the weekly investment performance figures over the same period.

 

Historical performance results

In the long term, one of the most significant factors affecting your retirement benefit will be the investment performance after costs, fees and taxes are deducted. When you're looking at a super fund you should check what sort of performance 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 performance is not a reliable indicator of future performance.

 

Unit prices

We generally value our investment options as at the close of business every Tuesday and release corresponding unit prices on Friday. Your account balance will reflect the most recent unit price available.

 

Initial change to unit pricing

HESTA changed from crediting rates to unit pricing in December 2016.

Investment performance figures for the week 30 November – 6 December 2016 is a combination of a crediting rate and unit prices that applied over that period.

Prior to the week 30 November – 6 December 2016, investment performance figures are the historical crediting rates. There are no unit prices for these prior periods.