30 September 2021 numbers - Hesta

1 Joining Hesta as an employeeHESTA product disclosure statement1 February Hesta super of investing with of we invest your and super is in your to open an informationHESTA forms sectionhow to joinwhat's inside?1. about Hesta Hesta is the fund people in health and community serviceschoose for their has more than 970,000 members and $70 billion in assets. Hesta is run by peoplelike you. Founded in 1987, our Trustee Australia Ltd is made up of an equal numberof directors appointed by industry employer and employee organisations, and twoindependent about Trustee and executive remuneration and any other document that mustbe disclosed ( trust deed) can be found online at To see theproduct dashboard for Balanced Growth, the HESTAMySuper-authorised default investmentoption, go to For a summary of other investment options offeredby Hesta , go to section 5 of this PDS.

2 The target market determination that applies to thisproduct can be found Product Disclosure Statement (PDS) isfor people joining Hesta as an employee ofa participating employer of Hesta , or whereyour non-participating employer will paysuperannuation contributions to Hesta foryou. If you are self-employed or work in yourown business, or your employer will not becontributing to Hesta , contact us for a copyof the Hesta Personal Super in this PDS is current at the dateof preparation 16 December 2022. Informationin this PDS that is not materially adverse maychange from time to time and can be foundanytime on our website paper or electronic copy of the updatedinformation will be made available to youupon request, without charge, by calling1800 813 327.

3 We may from time to time issuea new PDS which will be available on ourwebsite or by calling 1800 813 persons included in this document haveprovided their consent to the materials andstatements attributed to them, in the formand context in which they appear and havenot withdrawn this consent as at the date PDS is a summary of significantinformation and other references toimportant information (each of whichforms part of this PDS). You can accessthis information via the links referred tothroughout the PDS. You should read therelevant PDS before making a decisionabout products (call 1800 813 327 or for a copy). You shouldread the important information about risksof super before making a decision.

4 Go and read Risks of information provided in this PDS isgeneral information only and does nottake account your personal financialsituation or needs. You should obtainfinancial advice tailored to your personalcircumstances. This PDS does notconstitute an offer in any jurisdiction otherthan document does not relate to the HESTAI ncome Stream. Refer to the Hesta IncomeStream PDS available online by Australia Ltd ABN 66 006 818 695 AFSL No. 235249 Trustee of HESTAABN 64 971 749 321. Hesta | 2 | super worksSuper is a means of saving for your retirementthat is, in part, compulsory. To encourage youto save for your retirement, the FederalGovernment provides a range of incentivesfor savings in super.

5 This means super is taxeddifferently to other investments and there canbe significant tax advantages (see page 10for more about how super is taxed).Examples of some of the contributionsavailable to a member include:employer contributionsvoluntary after-tax contributionsvoluntary before-tax contributions (whichincludes salary sacrifice)government are some limitations on contributions,including the amount you can contribute, theage at which you can continue makingcontributions, and whether your existingaccount balance may impact your ability tomake certain types of contributions in , it s compulsory for an employerto make contributions to an employee s superaccount and most employees have the rightto choose which fund the compulsorycontributions are made.

6 If you change jobsthe fund your employer contributes to willdepend on whether you or the AustralianTaxation Office (ATO) have instructed themto pay into an existing super account youhold. Your employer may contribute to theirselected default fund if you don t have anexisting super fund or you haven t chosen asuper fund. If your employer is paying yourcontributions into a different fund and youwant to choose Hesta , use the Choice ofsuper fund request form found with this statements, significant event noticesand other legislated disclosures will beavailable to you digitally rather thansending them to your postal address. Thismeans we may publish the notification onour website or other digital ll still contact you at your nominatedcontact details whenever we do this to letyou know how to access the informationavailable.

7 If you d prefer us to sendinformation by post to your nominatedcontact address, you can opt-out of eachtype of digital disclosure by updating yourpreferences in your online account. You canalso go into your online account to seetransactions such as of the money in your superaccount is based on the investment strategyof your choice, or the default option if youhave not made a choice (see pages 6-7).Withdrawal of money from super is generallyused for retirement and may be taken eitheras a lump sum or as an income stream. Youcan only withdraw your super in limitedcircumstances before reaching yourpreservation age. Your preservation agedepends on when you were should read the important informationabout how super works before making adecision.

8 Go to How super works. The materialrelating to how super works may changebetween the time when you read this PDSand when you acquire the product.| 3 | Hesta of investingwith HESTAS trength in numbersHESTA has more than 970,000 members and $70 billion in assets and is aspecialist industry super fund with deep connections to health and communityservices and those who, like them, make our world better. Our size means wecan keep our fees down and provide education and advice to members abouttheir super. Find out more of strong long term investment performanceOver a 10 year period, our default investment option Balanced Growth, hasdelivered above its long-term investment objective.

9 * For information on thecurrent and historical performance of all Hesta investment options, for the futureHESTA aims to lead by example, advocate with influence, and to make a realdifference to our members financial future, and to the world into which they llretire. We think of this as the Hesta Impact. Find out more truly national fundOur team of Business Relationship Managers, Member Education Managers, superannuation Advisers support Hesta members and employers throughoutAustralia. Find out more at standard insuranceMembers who are eligible can access competitive standard insurance to protecttheir income and their family.

10 Find out more by readingInsurance access to your accountUpdate and check your Hesta account online 24/7. Register for online accesstoday recognition you deserve - We work with key organisations to present awards toAustralia s top nurses and midwives, early childhood educators and people working inaged care and the community sector. more information onthe programs we run to support your industry.*Calculated for the 10 year period to 30 June 2022. Past performance is not a reliable indicatorof future performance. Hesta | 4 | of superSuper allows you to save for your retirement in a low-cost, tax-effective way. However, it simportant to note that the amount of your super benefit at retirement may not meet yourexpectations due to the impact of risk riskAll investments carry risk.