Performance benchmarks

BT Diversified Funds

The benchmark returns for the BT Asset Selection Fund, BT Balanced Returns Fund, BT Monthly Income Fund, BT Split Growth Fund, BT Split Income Fund, BT Future Goals Fund, BT Income Plus Fund, BT Active Balanced Fund, BT Active Balanced Fund - NEF, BT Conservative Outlook Fund, BT Diversified Share Fund, BT Diversified Share Fund – NEF, Westpac Conservative Growth Fund, Westpac Moderate Growth Fund, Westpac Diversified Growth Fund, Westpac Balanced Growth Fund and Westpac Dynamic Growth Fund are calculated using a weighted average of the returns from all the relevant market indices.

These indices are:

Asset Class Index
Australian shares S&P/ASX 300 Accumulation Index
International shares Composite of the following three indices:
MSCI World ex Australia (Standard) Index (Net Dividends) in AUD
MSCI All Countries ex Australia (Standard) Index (Net Dividends) hedged to AUD
MSCI Emerging Markets (Standard) Index (Net Dividends) in AUD
Australian fixed interest Bloomberg AusBond Composite 0+ Yr Index3
International fixed interest JP Morgan GBI Global Traded Index (hedged to AUD)
Australian property S&P/ASX 200 A-REIT Accumulation Index
International property FTSE EPRA/NAREIT Developed ex Australia hedged in AUD Net TRI
Cash Bloomberg AusBond Bank Bill Index4
Alternative investments Bloomberg AusBond Bank Bill Index4

 

BT Multi-manager Funds

The benchmark for each fund is created from a blend of the following indices based on the Fund's exposure to different asset classes. The benchmark is calculated by using the weighted average asset allocation neutral position and the index returns in AUD for each asset class.

Asset Class Indices
Australian shares S&P/ASX 300 Accumulation Index
International shares 1 MSCI World ex Australia Index (Standard) Index (with Net Dividends Reinvested)
Australian property S&P/ASX 300 Property Accumulation Index
International property FTSE EPRA NAREIT Developed Index Hedged in AUD Net TRI
Commodities indices S&P GSCI Commodities Index hedged in AUD
Australian fixed interest Bloomberg AusBond Composite 0+ Yr Index3
International fixed interest 2 Barclays Capital Global Aggregate Bond Index hedged to AUD
Diversified hedge funds Bloomberg AusBond Bank Bill Index4
Cash Bloomberg AusBond Bank Bill Index4

1 The benchmark changed from unhedged to partially hedged from July 2005.
2 From November 2008, the name of the index changed from 'Lehmann Brothers Global Aggregate Bond Index hedged' to 'Barclays Capital Global Aggregate Bond Index hedged'.
3 From September 2014 the name of the index changed from 'UBS Composite Bond Index' to 'Bloomberg AusBond Composite 0+ Yr Index'.
4 From September 2014 the name of the index changed from 'UBS Bank Bill Index' to 'Bloomberg AusBond Bank Bill Index'.


BT Super and BT Super for Life Investment Options

The benchmark returns for the following BT Super Active and Index Diversified investment options are calculated using a weighted average of the returns from all the relevant market indices.

BT Super and BT Super for Life Active Diversified:

Active Defensive, Active Moderate, Active Balanced, Active Growth and Active High Growth.

Asset Class Indices
Australian shares S&P/ASX 300 Accumulation Index
Asian shares MSCI Asia Ex Japan AUD Net Total Return Index
International shares - Unhedged MSCI World ex Australia Net Return in AUD
International shares - Hedged MSCI World Ex Australia Hedged AUD Net Total Return Index
Property - AREITS S&P/ASX 300 A-REIT Accumulation Index
Property - GREITS FTSE EPRA/NAREIT Developed Hedged in AUD Net TRI
Property - International unlisted 50% S&P/ASX 300 A-REIT Accumulation Index/50% FTSE EPRA/NAREIT Developed Hedged in AUD Net TRI
Infrastructure - Unlisted FTSE EPRA/NAREIT Developed Hedged in AUD Net TRI
Commodities Advance Commodities Fund Benchmark
Australian fixed interests Bloomberg AusBond Composite 0+ Yr Index
International fixed interests Bloomberg Barclays Global-Aggregate Total Return Index Value Hedged AUD
Cash Bloomberg Ausbond Bank Bill Index
Growth alternatives Bloomberg AusBond Bank Bill Index + 5.0% p.a.
Defensive alternatives Bloomberg AusBond Bank Bill Index + 3.0% p.a.


BT Super and BT Super for Life Index Diversified:

Index Defensive, Index Moderate, Index Balanced, Index Growth and Index High Growth.

Asset Class Indices
Australian shares S&P/ASX 300 Accumulation Index
International shares - Unhedged MSCI World ex Australia (Standard) Index (Net Dividends) in Australian dollars
International shares - Hedged MSCI World ex Australia (Standard) Index (Net Dividends) in Australian dollars (hedged)
Australian property S&P/ASX 300 A-REIT Accumulation Index
International property FTSE EPRA/NAREIT developed ex Australia rental index
Australian fixed interest Bloomberg AusBond Composite 0+ Yr Index
International fixed interest Barclays Global Aggregate Bond Index (fully hedged) in Australian dollars
Cash Bloomberg AusBond Bank Bill Index