InvestSMART

BT Classic Investment Funds - Monthly Income - Managed Fund (Closed)

Fund Objective
To provide a return (before fees and taxes) that exceeds the return from its benchmark when measured over the recommended investment timeframe.
Fund Strategy
Provide a fixed monthly income.

Fund Performance Comparison

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.
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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -0.99% -2.13% -3.97% 1.89% -0.42% 1.29% 1.58% 3.14%
Growth return -0.99% -2.13% -3.97% -0.23% -2.71% -0.71% -0.2% 0.94%
Income return 0% 0% 0% 2.12% 2.29% 2% 1.78% 2.2%
Market index (Morningstar AUS Con Tgt Alloc NR AUD)
Total return 0.17% 1.02% 3.67% 4.73% 6.32% 5.28% 1.72% 2.86%
As at 28 Feb 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Classic Investment Funds - Monthly Income
Australian Equities
6.74%
International Equities
5.90%
Cash
9.39%
Property & Infrastructure
7.19%
Fixed Interest
54.99%
Alternatives
15.79%
Average Allocation of Peers
Australian Equities
10.67%
International Equities
4.30%
Cash
26.23%
Property & Infrastructure
1.09%
Fixed Interest
56.02%
Alternatives
1.70%

General Information

Fund Details
Type Description
BT Classic Investment Funds - Monthly Income
Closed
Westpac Financial Services Limited
BTA0041AU
Multisector Conservative
starstar (as at 28 Feb 2022)
Investment Fund
25 Feb 1991
$0 million (as at 30 Apr 2023)
$1.0119 (as at 7 Mar 2022)
$1.0098 (as at 7 Mar 2022)
Finalised
Offer information
Type Description
MER 1.45% (as at 30 Jun 2021)
Indirect Cost Ratio (ICR) 1.85% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment
Minimum additional investments
Minimum redemption amount

FAQs about the BT Classic Investment Funds - Monthly Income

The objective of the BT Classic Investment Funds - Monthly Income managed fund is To provide a return (before fees and taxes) that exceeds the return from its benchmark when measured over the recommended investment timeframe.

The strategy of the BT Classic Investment Funds - Monthly Income managed fund is Provide a fixed monthly income.

The APIR code of the BT Classic Investment Funds - Monthly Income managed fund is BTA0041AU.

BT Classic Investment Funds - Monthly Income’s total return last month was -0.99%. This was made up of a growth return of -0.99% and an income return of 0%. These returns were calculated as at 28 Feb 2022.

BT Classic Investment Funds - Monthly Income’s total return for the last three months was -2.13%. This was made up of a growth return of -2.13% and an income return of 0%%. These returns were calculated as at 28 Feb 2022.

BT Classic Investment Funds - Monthly Income’s one-year total return is 1.89%. This was made up of a growth return of -0.23% and an income return of 2.12%. These returns were calculated as at 28 Feb 2022.

BT Classic Investment Funds - Monthly Income’s one-year total return is 1.29%. This was made up of a growth return of -0.71% and an income return of 2%. These returns were calculated as at 28 Feb 2022.

The asset allocation of the BT Classic Investment Funds - Monthly Income managed fund is :

Australian Equities
6.74%
International Equities
5.90%
Cash
9.39%
Property & Infrastructure
7.19%
Fixed Interest
54.99%
Alternatives
15.79%

The Responsible Entity for the BT Classic Investment Funds - Monthly Income managed fund is Westpac Financial Services Limited.

The BT Classic Investment Funds - Monthly Income managed fund belongs to the Multisector Conservative sector/asset class.

As at 30 Apr 2023, the size of the BT Classic Investment Funds - Monthly Income managed fund was $0 million.

The BT Classic Investment Funds - Monthly Income managed fund has an inception date of 25 Feb 1991.

The current entry price of the BT Classic Investment Funds - Monthly Income managed fund is $1.0119 per unit and the current exit price is $1.0098 per unit (as at 7 Mar 2022).

The current exit price of the BT Classic Investment Funds - Monthly Income managed fund is $1.0098 per unit and the current entry price is $1.0119 per unit (as at 7 Mar 2022).

The minimum initial investment amount for the BT Classic Investment Funds - Monthly Income managed fund is $0. Minimum additional investment is $0.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.