| Type of fee | Amount | How and when paid |
|---|---|---|
| Investment fees and costs | 0.61% pa of your account balance | Deducted from the assets of the Lifestage investment option and reflected in the daily unit price. |
| Administration fees and costs | 0.12% pa of your account balance (Lifestage: 0.28% pa of your account balance Less Rebate equal to 0.16% pa of your account balance) |
0.28% pa of your account balance is deducted from the Lifestage investment option and reflected in the daily unit price. A rebate equal to 0.16% pa of your account balance is deposited into your account every month1. |
| Transaction costs2 | 0.00% to 0.13% p.a. of the amount invested, depending on the investment you choose. | Transaction costs (net of the buy-sell spread) are paid from the assets of the investment option as and when they are incurred. They are reflected in the option's unit price. |
| Buy – sell spread | Estimated at 0.32% for Lifestage investment option. | The cost will be reflected in the buy price of the investment option. |
| Switching fee | Nil | |
| Exit fee | Nil | |
| Advice fees relating to all members investing in a particular MySuper product or investment option | Nil | |
| Other fees and costs3 | Advice fee, if you agree a fee with your Financial Adviser Plus Insurance costs, if you have insurance cover in BT Super for Life. |
This amount may vary and is deducted from your account balance on the date the fee or cost is incurred. |
1. Where you are still a member at the end of the month.
2. The transaction costs are estimated amounts in relation to the 12 months to 30 June 2022 and may vary over time. Please refer to the Product Disclosure Statement and Additional Information Booklets of your BT Super for Life – Westpac Group Plan account for more information.
3. Additional fees and costs may apply. Please refer to the Product Disclosure Statement and Additional Information Booklets of your BT Super for Life – Westpac Group Plan account (available via your Internet Banking) for more information.
These fees and costs are estimated amounts in relation to the 12 months to 30 June 2022.
| APIR Code | Investment Option Name | Administration Fees and Costs (%) | Investment fees and Costs (%)1
| Transaction Costs (%)1
| |
|---|---|---|---|---|
| BTA7639AU | Active Defensive | 0.28 | 0.59 | 0.11 |
| BTA5118AU | Active Moderate | 0.28 | 0.62 | 0.00 |
| BTA8610AU | Active Balanced | 0.28 | 0.66 | 0.11 |
| BTA1267AU | Active Growth | 0.28 | 0.69 | 0.07 |
| BTA4469AU | Active High Growth | 0.28 | 0.69 | 0.07 |
| BTA6292AU | Index Defensive | 0.28 | 0.16 | 0.00 |
| BTA6329AU | Index Moderate | 0.28 | 0.16 | 0.00 |
| BTA2413AU | Index Balanced | 0.28 | 0.21 | 0.00 |
| BTA1570AU | Index Growth | 0.28 | 0.25 | 0.00 |
| BTA1215AU | Index High Growth | 0.28 | 0.25 | 0.00 |
| BTA9311AU | Active Australian Shares | 0.28 | 0.70 | 0.00 |
| BTA3009AU | Active International Shares | 0.28 | 0.81 | 0.20 |
| BTA4584AU | Active Global Property | 0.28 | 0.83 | 0.00 |
| BTA3075AU | Active Global Fixed Interest | 0.28 | 0.61 | 0.15 |
| BTA0297AU | Cash | 0.19 | 0.10 | 0.00 |
| BTA0749AU | Index Australian Shares | 0.28 | 0.20 | 0.00 |
| BTA3104AU | Index International Shares | 0.28 | 0.20 | 0.00 |
| BTA5401AU | Index Property Securities | 0.28 | 0.20 | 0.00 |
| BTA7978AU | Index Australian Fixed Interest | 0.28 | 0.16 | 0.00 |
| BTA5137AU | Index International Fixed Interest | 0.28 | 0.21 | 0.00 |
| BTA7669AU | Antipodes Global | 0.28 | 1.42 | 0.09 |
| BTA0939AU | Pendal Technology | 0.28 | 1.30 | 0.00 |
| BTA8782AU | Pendal Core Australian Shares | 0.28 | 0.71 | 0.00 |
| BTA0295AU | Pendal Growth Shares | 0.28 | 0.50 | 0.09 |
| BTA8643AU | Fidelity Australian Shares | 0.28 | 0.75 | 0.00 |
| BTA5720AU | Magellan Global Shares | 0.28 | 1.32 | 0.00 |
| BTA3197AU | Tyndall AM Value Australian Shares | 0.28 | 0.60 | 0.03 |
| BTA6816AU | T. Rowe Price Global Shares | 0.28 | 0.99 | 0.00 |
| BTA9281AU | Dexus AREIT2 | 0.28 | 0.65 | 0.00 |
| BTA6520AU | Pendal Australian Property Securities | 0.28 | 0.60 | 0.07 |
| BTA5958AU | Pendal Global Property Securities | 0.28 | 0.87 | 0.13 |
| BTA1038AU | ClearBridge RARE Infrastructure Value (Unhedged) | 0.28 | 1.10 | 0.05 |
| BTA0956AU | Pendal Australian Bonds | 0.28 | 0.54 | 0.02 |
| BTA2241AU | PIMCO International Bonds | 0.28 | 0.58 | 0.26 |
| BTA7850AU | UBS Australian Bonds | 0.28 | 0.35 | 0.00 |
| BTA0294AU | Pendal Sustainable Conservative | 0.28 | 0.58 | 0.12 |
| BTA0296AU | Pendal Sustainable Balanced | 0.28 | 0.57 | 0.14 |
| N/A | Advance WS Australian Shares3 | 0.00 | 0.27 | 0.10 |
| N/A | Advance WS Balanced Growth3 | 0.00 | 0.85 | 0.21 |
| N/A | Advance WS Fixed Interest3 | 0.00 | 0.61 | 0.22 |
| N/A | Advance WS High Growth3 | 0.00 | 0.82 | 0.20 |
| N/A | Advance WS International Shares3 | 0.00 | 0.63 | 0.22 |
| N/A | Advance WS Moderate Growth3 | 0.00 | 0.63 | 0.22 |
| N/A | Advance Conservative4 | 0.00 | 0.71 | 0.19 |
| N/A | Advance Balanced4 | 0.00 | 0.83 | 0.14 |
| N/A | Advance Growth4 | 0.00 | 0.83 | 0.12 |
| N/A | Advance High Growth4 | 0.00 | 0.78 | 0.09 |
| N/A | Advance Australian Shares4 | 0.00 | 0.58 | 0.09 |
| N/A | Advance International Shares4 | 0.00 | 0.76 | 0.26 |
| N/A | Advance Property4 | 0.00 | 0.73 | 0.11 |
| N/A | Advance Fixed Interest4 | 0.00 | 0.54 | 0.17 |
1. The investment fees and costs and transaction costs of the option are estimated amounts in relation to the 12 months to 30 June 2022 and may vary over time. Please refer to the Product Disclosure Statement and ‘Additional explanation of fees and costs’ in the Additional Information Booklet for more information.
2. Effective 30/10/2022, BTA9281AU APN AREIT was renamed to Dexus AREIT.
3. Only available to former WSSP Staff Fund members within WGP.
4. Only available to former BTFG and St George Staff Fund members within WGPAdditional fees and costs, such as buy-sell spreads, activity fees, advice fees for personal advice or insurance fees, may apply. Please refer to ‘Additional explanation of fees and costs’ in the Additional Information Booklet for more information.
| EXAMPLE BT Super for Life – 1940s Lifestage Investment Option |
BALANCE OF $50,000 | |
|---|---|---|
| Administration fees and costs | 0.28% pa Less Rebate of 0.16% pa1 |
For every $50,000 you have in the superannuation product you will be charged or have deducted from your investment $140 in administration fees and costs each year less a rebate of $80 for a total of $60. |
| PLUS Investment fees and costs | 0.61% pa | And, you will be charged or have deducted from your investment $268 in investment fees and costs each year. |
| PLUS Transaction costs | 0.12% pa | And, you will be charged or have deducted from your investment $50 in transaction costs. |
| EQUALS Costs of product | If your balance was $50,000, then for that year you will be charged fees of $425 for the MySuper Lifestage Investment Option. | |
1. The example above assumes you are a member of BT Super for Life – Westpac Group Plan throughout the year for the purpose of calculating the rebate.
Note: Additional fees may apply. Please refer to the ‘Additional explanation of fees and costs’ section of the Additional Information Booklet No.1. This example is illustrative only. What it costs you will depend on the investment option you choose.
BT Funds Management Limited ABN 63 002 916 458, AFSL No. 233724, RSE No. L0001090 is the trustee and issuer of interests in BT Super for Life which is a part of Retirement Wrap ABN 39 827 542 991, RSE R1001327.
A Product Disclosure Statement (PDS) is available by logging in to your online banking. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of interests in the relevant product.
AIA Australia Limited ABN 79 004 837 861, AFSL No. 230043 is the issuer of insurance cover offered through BT Super for Life. Further information about the insurance available through BT Super for Life is included in the PDS.
The relevant Financial Services Guide (FSG) can be obtained by contacting your adviser or from the PDS downloads page.
The above information provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. The information does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it.
Superannuation is a long-term investment. The Government has placed restrictions on when you can access your preserved benefits. The Government has set caps on the amount of money you can add to superannuation each year on a concessionally taxed basis. In addition, the Government has set a non-concessional contributions cap. For more detail, speak with a financial adviser or visit the ATO website. There may be limited circumstances where your employer is not required to accept your Choice of Superannuation fund form e.g. if you have already exercised Super Choice in the last 12 months.