BT Wrap Essentials
BT Wrap Essentials is designed to provide you with a simple tool providing a single point of access to over 70 Managed Funds, insurance and margin lending, in one secure online account.
Whether you are saving for something specific like an overseas trip or simply want to start building wealth for your future BT Wrap Essentials can help you achieve your financial goals.
Access to our wrap accounts is generally only available to investors who invest through an adviser registered to distribute these products.
Features
BT Wrap Essentials is designed for investors with less complex portfolios. It offers a broad range of managed fund choices and all the easy administration benefits that come from investing via one of Australia’s largest wrap providers.
Minimum investment
You need a minimum initial investment of $5,000 or $2,000 with a regular investment plan of $100 per month.
Simple administration
You and your advisor can develop a portfolio customised to suit your individual needs. A Wrap Essentials account provides access to an extensive range of investments, gearing and insurance and consolidates this information into a tailored set of reports to help you keep track of your investments and simplify tax time. BT Wrap Essentials also enables your adviser to easily manage and administer your investment portfolio.
Investment options
A wide choice of investment options means you can match your investments to your risk profile. You have access to over 70 managed funds from 24 different investment managers meaning you can diversify across different asset classes and across investment styles and fund managers. You also have the flexibility to easily switch your investments between managed funds should your needs change.
24/7 Online access
You can access your account online by logging into our secure investor site or if you prefer you can access your account information 24/7 via our telephone Voice Response Service.
Insurance options
You have access to the following insurance options:
If you’d like to gain access to the simplicity, choice and comprehensive reporting provided by BT Essentials Wrap, talk to your financial adviser about opening your own Wrap Essentials account.
BT Portfolio Services Ltd ABN 73 095 055 208 (BTPS) operates BT Wrap Essentials. An IDPS Guide is available for BT Wrap Essentials and can be obtained from your financial adviser. You should obtain and consider the IDPS Guide before making a decision whether to acquire or to continue to hold or dispose of interests in BT Wrap Essentials.
This information has been prepared without taking account of your objectives, financial situation or needs. Because of this you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. BTPS’s Financial Services Guide can be obtained by clicking here, contacting your financial adviser or calling BTPS on 1300 657 010.
Apart from any interest investors may have in underlying bank accounts held at Westpac Banking Corporation ABN 33 007 457 141 (the Bank) through a Wrap Cash Account an investment in, or acquired using BT Wrap Essentials is not an investment in, deposit with or any other liability of the Bank or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. The Bank is not the issuer of BT Wrap Essentials. Neither the Bank nor any other company in the Westpac Group stands behind or otherwise guarantees the capital value or investment performance of any investments in, or acquired through, BT Wrap Essentials.
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