Wholesale Plus Funds deliver the same investment exposure many of your clients know but generally with an ongoing reduced investment cost. The fund series offers a discount of up to 30 basis points, with an average management fee discount of 15 basis points1.
Wholesale Plus Funds invest entirely in or in accordance with the investment strategy of their equivalent underlying wholesale fund and have been awarded an acceptable sibling rating, provided by independent research houses.
Wholesale Plus Funds may appeal to clients looking for quality investments at a reduced cost. Some possible examples could include clients moving into the pension phase, fee sensitive clients, clients just starting out, lower-value clients and clients with less complex needs. With over $5 billion in funds under management, since the launch of the fund series in November 2014, Wholesale Plus Funds continue to resonate well with clients.
Delivered by well-known, respected fund managers that your clients may already recognise and trust.
Available only on selected BT Panorama, BT Wrap and Asgard platforms for Investment, SMSF, Super and Pension clients.
With access to 49 well-rated and popular funds, you can build a diversified portfolio for your client at a very competitive price. The range of funds covers all major sectors:
Additional Information Booklet (PDF 1 MB)
Buy - Sell Spreads (PDF 127 KB)
Wholesale Plus Fund List (PDF 95 KB)
Monthly Performance Summary (272KB)
1. Compared to the corresponding underlying fund or strategy management fee.
The information provided is intended for advisers’ general information only.
BT Funds Management Limited ABN 63 002 916 458 AFSL 233724 (BTFM) or Westpac Financial Services Limited ABN 20 000 241 127 AFSL 233716 (WFSL) is the issuer of each of the Wholesale Plus Funds (each a 'Fund'). A Product Disclosure Statement for each Fund can be obtained by calling 1800 287 873, or via the PDS links in the Fund Product Disclosure Statements section above.
Other than Macquarie Bank Limited ABN 46 008 583 543 (‘MBL’), none of the Macquarie Group entities are authorised deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.
The information provided is general in nature only and does not take into account your personal objectives, financial situation or needs, so its appropriateness will need to be considered having regard to your personal objectives, financial situation and needs.
BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) operates Panorama Investments and Wrap, and administers Panorama Super and SuperWrap. BTFM is the issuer of Panorama Super and SuperWrap, which are part of Retirement Wrap ABN 39 827 542 991. Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Cash Management Account (BT CMA). A Product Disclosure Statement or other disclosure document for each of these products can be obtained by calling 1300 360 899 or by visiting www.adviserwrap.com.au (Wrap) or 1300 881 716 or by visiting www.btpanorama.com.au (Panorama)
Investors should consider the applicable Product Disclosure Statement or other disclosure document before deciding whether to acquire or continue to hold the products. Investors should also consider whether the relevant product is appropriate for them.
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 relevant products, an investment in, or acquired using, the relevant products is not an investment in, deposit with or any other liability of Westpac or any other company in the Westpac Group. These investments are 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 relevant products.