BT Wrap - details

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If you’re looking for a single point of access to a wide range of managed funds and listed securities, the BT Wrap Account could be for you.

The next step, as with any investment, is to seek more information to help you make an informed decision.

The table below is a summary of the main features of BT Wrap. If you think investing through Wrap could be for you, please speak to your Financial Adviser.

Feature Benefit Summary
Investment options Managed funds – Access to over 500 managed funds.

Listed securities – Access to all ASX listed CHESS sponsored securities including:

  • direct shares
  • listed property/investment trusts
  • listed debt securities
  • listed warrants and options.
Cash Account – Settle your transactions while receiving a competitive interest rate.

Margin lending – You can borrow to invest in a wide range of wholesale managed funds and listed securities offered through BT Wrap. By integrating Wrap and Margin Lending you can enjoy greater control of your geared investments.
Account features Switching – Switch between managed funds at any time.

Preferred portfolios – Option to establish a Preferred Portfolio facility which allows you to tailor, manage and rebalance a predetermined managed funds investment strategy.

Nominated external bank account – Flexibility to link external bank accounts (including credit union accounts) to your Regular Deposit Plan, Regular Withdrawal Plan and to arrange one-off direct debits into and/or withdrawals from your Cash Account.
Easy transaction options One-off direct debit – Enables you to deposit funds from your nominated external bank account into your Cash Account or to have other institutions or third parties draw payments from your Cash Account.

BPAY– You can make initial and additional deposits into your account using BPAY.

Cheque book – Enables you to access your available Cash Account balance by cheque.

Deposit book – Enables you to deposit funds into your Cash Account from any Australian bank account.
Transacting regularly Regular Deposit Plan – Enables you to regularly deposit funds from your nominated external bank account into your Cash Account.

Regular Investment Plan – Enables you to regularly invest funds from your Cash Account into your choice of managed funds.

Regular Withdrawal Plan – Enables you to regularly withdraw from your Cash Account to your nominated external bank account.
Investment minimums

Minimum initial investment: $50,000

Minimum additional investment: Nil

Minimum balance per managed fund: Nil

Minimum Cash Account balance: $2,500

Minimum withdrawal: Nil
Services Consolidated reporting – You receive quarterly and annual consolidated reporting summarising your account activity. You also receive a consolidated tax report soon after the end of the financial year.

Telephone service – Call the telephone Voice Response Service any time on 132 135.

Internet access – Information on your account is available 24hrs a day, 7 days a week here on the website.

Ready to apply?

You can access all BT Wrap accounts via any registered financial adviser. Talk to your adviser today, or use BT’s referral program to find a financial adviser.