HESTA

In our latest investment update, we highlight how our MySuper Balanced Growth and Income Stream Ready-Made options have shown strong performance for our members over the past year. For Super members, the Balanced Growth option achieved a return of 13.09%* over the past 12 months to 30 September 2024. For Retirement Income Stream (RIS) members, the Balanced Growth option delivered a return of 14.61%*, and the Conservative option returned 9.23%* over the same period. Additionally, we are proud to share that the Responsible Investment Association Australasia (RIAA) has recertified our Sustainable Growth investment option, and has met the requirements of the ‘Sustainable Plus’ classification**. The certification and classification recognises that Sustainable Growth meets the strict operational and disclosure practices required under the Responsible Investment Certification Program. We continue to seek and use our expertise and influence to provide strong long-term returns*, while accelerating our contribution to a more sustainable world. To read the investment performance and quarterly market recap, visit: https://lnkd.in/gsEmGWM2 #HESTASuper #SuperWithImpact #Investment Issued by H.E.S.T. Australia Ltd ABN 66 006 818 695 AFSL 235249, the Trustee of HESTA ABN 64 971 749 321. Product awards and ratings are only one factor to be considered when making a decision. *Investments may go up or down. Past performance is not a reliable indicator of future performance. Returns are net of investment fees and costs, transaction costs and taxes. View the latest performance for all options at http://hesta.co/6047tHnZX. Before making a decision about HESTA products you should read the relevant product disclosure statement (call 1800 813 327 or visit http://hesta.co/6049UECuW for a copy) and consider any relevant risks (http://hesta.co/6040UECuo). The target market determination for HESTA products can be found at http://hesta.co/6041UECuU. For more info on Super with impact™ go to http://hesta.co/6041tHnZb **The Responsible Investment Certification Program provides general advice only and does not take into account any person’s objectives, financial situation, or needs. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Because of this, you should consider your own objectives, financial situation and needs and also consider the terms of any product disclosure document before making an investment decision. Certifications are current for 24 months and subject to change at any time.

HESTA recently returned to Nine’s Prime Time podcast, and this time our CEO Debby Blakey sat down with host Bec Wilson, and it was great to keep the conversation going around what HESTA is doing to help our members prepare for retirement. Debby and Bec discussed the retirement planning considerations for women, how they can access tailored retirement advice, and how HESTA supports its around 80% of members who are women through a range of specialised advice and services to ensure a secure retirement. Listen to the full episode: http://hesta.co/PrimeTime #HESTASuper #Retirement #WomeninFinance

We recently caught up with Sarah Kennedy, HESTA Digital Product Lead, who shared her valuable insights on career progression and the evolving digital landscape in superannuation. Sarah’s exciting career journey includes stints as an internet salesperson, personal assistant, youth group worker, and even a banana farmer. Coupled with her unique mix of studies in politics and an MBA in accounting, these diverse experiences reflect her commitment to staying curious and open to all learning opportunities. “You don’t necessarily have to know what you want to do from the beginning. Trying new things and learning what you're good at can really help you progress in your career,” Sarah shared. This mindset came to life when Sarah took on a role manually entering insurance applications. She noticed an opportunity to improve the process, which caught the attention of her colleagues and led her into a digital product owner role. This change coincided with the rise of digital services, where enhanced service availability and self-service became central to the experience design process. Sarah's passion for putting customers at the heart of the digital design ultimately brought her to her current role at HESTA. Since joining HESTA three years ago, Sarah has significantly developed her leadership skills through managing a team, crediting the Leadership programs available at HESTA for playing a significant role in her growth. These leadership skills have enabled her to oversee critical digital projects, including the HESTA App, from its inception and launch to its ongoing enhancements, as well as Future Planner, HESTA's online digital tool, which enables members to see how different actions can impact their retirement. If you think HESTA might be the right place for your next career opportunity, explore the possibilities by visiting https://lnkd.in/gsdwgEkh #WomenInDigital #CareerDevelopment #Leadership

Earlier this week, HESTA’s Head of Portfolio Management Jeff Brunton attended a ceremony to celebrate the topping out of the Health Translation Hub (HTH) in Sydney’s Randwick Health and Innovation Precinct, a 15-storey health education and research building that has been under construction since September 2023. The project was backed by a consortium including ISPT and superannuation funds UniSuper and HESTA (through its healthcare property mandate with ISPT), as well as developer the Plenary Group. The ceremony was also attended by the NSW Minister for Health, The Hon. Ryan Park, MP. Around 80% of HESTA’s 1 million plus members work in healthcare and community services, and this investment will contribute to delivering stable long-term returns for members, supported by strong expected future demand for tenancy in what promises to be one of Australia’s pre-eminent health precincts. #HESTASuper #HTH #Education #Infrastructure Image by Ken Leanfore

Meet Phuong Minh Dao, one of our investment analysts who began her journey with HESTA through our Investment Intern Program. Initially unsure about a career in finance, Phuong discovered her passion in the investment world and now thrives in this dynamic environment. She loves HESTA's empowering culture, commitment to female leadership, and the meaningful work that benefits HESTA members - many of whom work in the health, early childhood and community sectors. As an investment analyst, Phuong plays a crucial role balancing strong returns with safeguarding HESTA members' savings by monitoring market movements and refining risk models. Phuong shares, “being able to tap into HESTA’s resources has broadened my knowledge of the investment space significantly. And of course, one of the most rewarding aspects has been the relationships I've built with my colleagues, who have supported and inspired me along the way.” Discover more about opportunities at HESTA: hesta.co/HESTA-Careers #HESTASuper #CareersWithImpact #WomenInFinance

We are pleased to be announced winners of the Net Benefit award at last night’s Super Review 11th Annual Super Fund of the Year Awards 2024. This award represents not only the drive and dedication of the HESTA team, but also the continuous commitment to making a difference in the financial futures of our more than 1 million members. #HESTASuper #SuperFundoftheYear #NetBenefit Product awards and ratings are only one factor to be considered when making a decision. Past performance is not an indicator of future performance. Before making a decision about HESTA products you should read the relevant product disclosure statement (call 1800 813 327 or visit http://hesta.co/6048kVmfo for a copy), and consider any relevant risks (http://hesta.co/6049kVmfU). The target market determination for HESTA products can be found at http://hesta.co/6040kVmfq Issued by H.E.S.T. Australia Ltd ABN 66 006 818 695 AFSL 235249, the Trustee of HESTA ABN 64 971 749 321

Earlier this week, HESTA CEO Debby Blakey met with Sanda Ojiambo, Assistant Secretary-General and CEO of the United Nations Global Compact, after she participated in the Uniting Business conference, an event focused on shaping the future of sustainable business in Australia. Ms Ojiambo leads the world’s largest corporate sustainability initiative. During their meeting, they discussed responsible investment, active ownership, and shared focuses such as climate action and its intersection with nature loss, gender equality, and decent work. We believe these areas are pivotal in shaping a better future for HESTA members and society. The United Nations estimates that 80% of people displaced by climate change are women, exacerbating economic vulnerabilities and risks of exploitation. Addressing climate change is crucial for protecting the rights of women and girls globally. #HESTASuper #Sustainability #ResponsibleInvestment #UnitingBusiness

Navigating the lead-up to retirement sees many of our members seek advice about several common scenarios and inevitabilities that come with transitioning into life after work. HESTA’s General Manager of Advice Development and Growth Jen Harding, joined Bec Wilson’s Prime Time podcast, to discuss some of the most common questions our team receives from members nearing retirement. Bec is a leading voice on modern retirement in Australia, the author of ‘How to Have an Epic Retirement’, and a money columnist for The Sydney Morning Herald and The Age.  Some of the questions covered include how much super is needed to retire comfortably, when super can be accessed, the impact of working after accessing super, and beneficiaries and processes in place. Visit https://lnkd.in/gz66z_5Z to listen to the full episode.  HESTA ABN 64 971 749 321 is issued by H.E.S.T. Australia Ltd ABN 66 006 818 695 AFSL 235249. Consider whether this product is appropriate for you by reading the PDS and Target Market Determination at hesta.com.au #HESTASuper #Retirement #Superannuation

Fantastic to have our CEO, Debby Blakey, appear earlier this week at The Australian Financial Review’s Super & Wealth Summit, representing our 1m+ members as she discussed the big issues in superannuation and retirement. As trusted stewards of our members’ hard-earned retirement savings, we focus on delivering Super with Impact™ to help create long-term investment value. This means engaging with companies we invest in on material issues, such as good governance and inequality, that we believe present a financial risk to our members’ investments. https://lnkd.in/g7UR8PYj #HESTASuper #Superannuation #Retirement

HESTA is proud to be a signatory on a statement to global governments addressing biodiversity loss at the United Nations Convention on Biological Diversity (COP16) in Cali, Colombia. Natural capital and biodiversity loss is not only a threat to the environment and communities that depend on it, but can also present a material financial risk to companies, shareholders, and the global economy. We firmly believe that investors have a crucial role in safeguarding the planet's biodiversity and by doing so, supporting the long-term performance of our portfolio and the retirement savings of our one million plus members. Kim Farrant, General Manager of Responsible Investment at HESTA said: “To address this systemic challenge, governments must implement strong policies, transition plans and ambitious national targets. Our more than one million HESTA members are typically invested in a diverse range of global assets, so greater government action to halt and reverse biodiversity loss can help protect their retirement savings." Learn more about HESTA’s commitment to biodiversity: https://lnkd.in/eh7RHqVd #HESTASuper #Biodiversity #NaturalCapital