To deliver a combination of predominantly income and stable growth returns. The portfolio aims to track the overall return of a diversified portfolio of underlying investments.
The portfolio can invest in Australian registered managed funds and exchange traded funds.
BT Investment Solutions is the investment centre within BT Financial Group and provides investment products and solutions to customers, offering investment opportunities across a range of asset classes, including shares, property and fixed interest. The Responsible Entity, Westpac Financial Services Ltd (‘WFSL’), is part of BT Financial Group. WFSL will manage some of the managed portfolios by relying on the proven capability of BT Investment Solutions.
|BT Invest administration cost (p.a.)||Management costs (p.a. [max])||Transaction costs|
For further information see the "Fees & Costs" section of the BT Invest Investor Guide and the "What are the fees and other costs?" section of the BT Managed Portfolios PDS.
For example, if you made a managed portfolio investment of $25,000 during the year, you'd pay:
|$60 p.a.||+||$175 p.a.||+||NIL|
|BT Invest administration cost||Management costs||Transaction costs|
Simply log into Westpac Online Banking to open an account in minutes. No fees or costs are incurred in opening an account, allowing you to explore the available investment options. Fees only apply once you make your first deposit into your BT Invest Cash Management Account.
If you don't have a Westpac bank account, you can open an everyday banking account in 3 minutes. You can then complete your pre-filled BT Invest application via Westpac Online Banking.
*Retail Funds Under Administration as at June 2015 for the BT Financial Group (BT), (Source: Plan for Life).
BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) operates BT Invest. Throughout this website, BTPS is referred to as 'the Administrator', 'us' or 'we'. BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 (BTFM) is the responsible entity and issuer of interests in BT Cash and Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 is the responsible entity and issuer of interests in BT Managed Portfolios (the Panorama products). Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Invest Cash Management Account (BT CMA). Together, these products are referred to as the BT Invest products. A Product Disclosure Statement or other disclosure document (PDS) for the BT Invest products can be obtained by contacting BT on 1300 881 716 or by clicking here. You should obtain and consider the disclosure documents before deciding whether to acquire, continue to hold or dispose of interests in the BT Invest products. Unless otherwise stated, capitalised terms used in this website have the meaning given in the BT Invest Investor Guide. Any tax position described in this website is a general statement and for guidance only; it does not constitute tax advice and is based on current tax laws and our interpretation. You should seek independent professional tax advice.
BTPS, BTFM and WFSL are subsidiaries of Westpac. Apart from any interest investors may have in Westpac term deposits, Westpac securities or the BT CMA acquired through the BT Invest products, an investment in, or acquired using, the BT Invest products is not an investment in, deposit with or any other liability of Westpac 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. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of any investments in, or acquired through, the BT Invest products.