Invest in the top 20 ASX listed shares.
Invest with a minimum ongoing contribution of $250 in an ongoing regular gearing plan.
Westpac BlueChip20 may be ideal if you're new to the share market and want to get a foot in the door, or are looking to increase the diversity in your investment portfolio with shares in the top 20 Australian companies. Borrowing to invest increases your potential gains, and your potential losses. Please refer to the PDS for more information on the key risks.
Tax benefits covered
Westpac BlueChip20 may offer tax benefits such as franking credits and deductible interest. For more information please refer to the tax section of the PDS.
Borrow to invest
With Westpac BlueChip20, every ongoing contribution you make is matched with a BT Margin Loan as part of an ongoing savings plan.
As the value of your portfolio grows, you may be entitled to more dividend payments. These are reinvested and may offset the interest on your loan.
Save on brokerage
Investing in Westpac BlueChip20 saves you brokerage, with a maximum fee of 0.05% (+GST) for each contribution made.
Around the clock access
Access your portfolio details online 24/7 to check the performance of your portfolio, balance, trading activity and more.
Just about you
Unlike some investments, with a Westpac BlueChip20 you're only impacted by your own decision to enter and exit the market.
Borrowing to invest can increase your potential returns; it can also increase potential losses.
The value of securities may not go up, or, if they go up, the increase in value may not be sufficient to cover costs of the investment.
You need to ensure that you can fund your obligations under your loan including any interest, fees and changes. If you can't the securities will be sold to satisfy these obligations.
You should also consider the taxation consequences and seek independent professional tax advice.
Westpac BlueChip20 Issuer:
Praemium Australia Limited
ABN 92 117 611 784
AFSL No 297956
BT Margin Lending Margin Loan Issuer:
BT Securities Ltd
ABN 84 000 720 114
AFSL 233722 and
Westpac Banking Corporation
ABN 33 007 457 141
More information about Westpac BlueChip20
*This information has been prepared without taking into account your personal objectives, financial situation or needs. For this reason, before acting on the information you should consider its appropriateness to your objectives, financial situation and needs and consider the disclosure documents, which include the Westpac BlueChip20 Product Disclosure Statement (including the Supplementary Product Disclosure Statement dated 30 May 2014) and the BT Margin Lending Margin Loan - Product Disclosure Statement (PDS). The PDSs and other disclosure documents are relevant when deciding whether to acquire or hold this product and can be obtained by calling 1800 819 222 or visiting westpac.com.au/bluechip20.
Westpac BlueChip20 is a financial product issued by Premium Australia Limited ABN 92 117 611 784 AFSL No. 297956. It is not a deposit with or other liability of Westpac Banking Corporation ABN 33 007 457 141 ("Westpac") or any other company in the Westpac Group of companies. It is subject to investment risk, including possible delays in repayment and loss of income and principal invested. Neither Westpac nor any of its respective directors, officers, employees, associates or its subsidiaries guarantee or give any assurance in regard to the capital value, income return or performance of any investment offered in the PDS. BT Securities Limited ABN 84 000 720 114 and Westpac Banking Corporation ABN 33 007 457 141 are together the issuers of the BT Margin Lending Margin Loan - Product Disclosure Statement.
Any reference to taxation matters is a general statement only and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and proposed announced tax amendments. The individual situation of investors may differ and investors should seek independent professional tax advice on any taxation matters.