How to get more joy from retirement
After a lifetime of working, retirement is the time to enjoy yourself. How will you spend it?
All Super and Income Stream ready-made options have delivered strong returns over the 12 months to 30 September 2023. And importantly, these options have all achieved returns above their long-term 10-year objectives to 30 September 20231 (except Indexed Balanced Growth which only commenced on 1 October 2020).
For Super and Transition to Retirement (TTR) members, our Balanced Growth option returned 10.07% over the 12 months to 30 September 20231.
For Income Stream members, our Balanced Growth option returned 11.99% over the 12 months to 30 September 2023, and our Conservative option returned 7.04% over the same period1.
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.
HESTA for Mercy commenced 1 December 2022 and has the same investment options as HESTA. The past performance history shown here is the performance of the same investment options in HESTA.
You can view all our returns on our Super performance page or Transition to Retirement performance page.
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.
HESTA for Mercy commenced 1 December 2022 and has the same investment options as HESTA. The past performance history shown here is the performance of the same investment options in HESTA.
You can view all our returns on our Income Stream performance page.
In early October, the RBA kept interest rates at 4.1% for the fourth consecutive month. However, some economic indicators such as employment, wages growth and inflation remain resilient to rate rises to date, and so the likelihood of an additional interest rate increase remains elevated.
The higher rates filtered through to financial market performance, with bond yields rising and equity markets falling in September. Despite September being a challenging month for financial markets, growth assets have produced strong returns in the 12 months leading up to 30 September 2023.
We’re thrilled to share some new investment opportunities that are helping us to deliver on our vision for ‘super with impact'2.
HESTA has invested in medical technology innovation with Heidi Health, and in revolutionary breast cancer treatment through our relationship with Brandon Capital. You can read about these investments in investing in health technology.
And we’ve recently broken ground on our inaugural build-to-rent project, with construction beginning on our investment with Super Housing Partnerships. You can read more here.
The ability to deliver strong long-term returns to members requires a growing, sustainable, and inclusive economy—and Australia’s listed companies also have a role to play in achieving this.
Each year we write to the Chairs and CEOs of ASX300 companies ahead of the annual general meeting season to outline the priority themes that will shape our voting decisions and engagement.
This year we’ve identified climate change, gender equality, decent work, and natural capital and biodiversity loss as the most material issues to our portfolio and long-term investment returns.
Just a few of the topics we’re discussing with portfolio companies include:
We look forward to working with companies to address the issues that can impact long-term returns for our members and in doing so, pursuing a strong and stable Australian economy for all.
You can read more about our annual letter to ASX300 companies and our priority active ownership themes.
1 Investments may go up or down. Past performance is not a reliable indicator of future performance.
2 For more information on Super with Impact, see www.hesta.com.au/impact
After a lifetime of working, retirement is the time to enjoy yourself. How will you spend it?
HESTA for Mercy adviser Aman helped former nurse Govindamma claim an insurance payout which has made a huge financial difference to her retirement.
Our vision is to use our expertise and influence to deliver strong long-term returns and help accelerate our contribution to a more sustainable world.