Hesta fund

My Hesta fund is earning YTD 15.99% on international shares. Last year, I had it in Australian shares, and earned 16.8%. I have several hundreds of thousands to put into super and a reputable financial adviser wants me to offload my Hesta into a SMSF that is in existence with my husband. Hesta returns look too good to offload in my opinion…what do you think?

A: I like the idea of consolidating your super – to save on administration and other fees.

As for asset allocation – that is another matter. There should be no reason why you can’t have exposure through your SMSF to international shares.

Sounds like you probably should get a second opinion.

Regards,

Peter.


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