BT Wrap
Wrap gives you a single point of access and consolidated reporting in one secure online account.
BT Wrap
BT Wrap accounts combine all of your managed funds, shares, insurance and superannuation into one account, eliminating some of the administrative burden and paperwork that usually comes with managing a number of individual investments separately.
Access to our wrap accounts is generally only available to investors who invest through an adviser registered to distribute these products.
BT Wrap received the 2009 Financial Review Smart Investor Magazine’s Blue Ribbon award for the Best Investment Platform.
Features
BT Wrap is an investment platform that offers the benefits of extensive fund choice, access to all ASX listed securities, easy administration and consolidated reporting for individual investors, partnerships, trusts, companies and self-managed super funds. BT Wrap is best suited to investors with $50,000+ who are looking for a greater choice of investment options at wholesale rates.
Suitable for Self managed Super Funds
BT Wrap is also popular with Self Managed Super Funds given the extensive choice of investments, easy administration and consolidated tax reporting. BT Wrap not only provides benefits for the investor, it is also an invaluable tool providing efficiency benefits for advisers, accountants and auditors servicing Self Managed Superannuation Fund clients.
Minimum investment
You need a minimum initial investment of $50,000.
Simple administration
You and your advisor can develop a portfolio customised to suit your individual needs. A Wrap 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 also enables your adviser to easily manage and administer your investment portfolio.
Investment options
BT Wrap has access to 700+ wholesale managed funds from over 100 different investment managers and all ASX listed, CHESS sponsored securities. This wide choice of investment options means you can diversify across different asset classes, 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 via our 24/7 telephone Voice Response Service.
Insurance options
BT Wrap provides access to the following insurance options:
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- Term Life,
- Total and Permanent Disability (TPD), and
- Income Protection Insurance.
This makes it easy to ensure you always have the cover you need.
If you’d like to gain access to the simplicity, choice and comprehensive reporting provided by BT Wrap, talk to your financial adviser about opening your own Wrap account.
BT Portfolio Services Ltd ABN 73 095 055 208 (BTPS) operates BT Wrap. An IDPS Guide is available for BT Wrap 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.
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 or 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 or in Westpac securities acquired through BT Wrap, an investment in, or acquired using BT Wrap 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. 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.
Regular investment updates
Felix Stephen, Manager Strategy & Research for Advance Investment Solutions provides a regular audio update on the expected performance of various asset classes and the impact any changes may have on the markets.
