InvestSMART

BT Geared Imputation Fund (Retail) - 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
The investment option invests primarily in a geared portfolio of Australian shares, Australian property securities and convertible preference shares that offer above average income returns.

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}
Peers
Benchmark ({{ fund.benchmark.name }})
{{ fund.model.name }}
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.

Fees Comparison

{{ fund.mer | number:2 }}
% p.a.
{{ fund.name }}
{{ modelPortfolio.mer * 100 | number:2 }}
% p.a.
{{ modelPortfolio.name }}
{{ fund.benchmark.peers.mer * 100 | number:2 }}
% p.a.
Average of peers ({{ fund.benchmark.peers.peerCount }})
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.
Upsell Banner

Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -4.59% -2.76% -3.28% 14.13% 1.68% 18.24% 5.43% 7.83%
Growth return -4.59% -2.76% -6.09% 10.81% -8.81% 7.63% -5.67% -0.32%
Income return 0% 0% 2.81% 3.32% 10.49% 10.61% 11.1% 8.15%
Market index (S&P/ASX 200 TR AUD)
Total return -2.66% -3.05% 3.77% 5.47% 14.09% 9.71% 9.87% 9.46%
As at 30 Sep 2023. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BT Geared Imputation Fund (Retail)
Australian Equities
147.35%
Cash
-47.35%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
95.12%
Cash
-0.60%
International Equities
4.63%
Property & Infrastructure
1.39%
Fixed Interest
-0.49%
Alternatives
-0.05%

General Information

Fund Details
Type Description
BT Geared Imputation Fund (Retail)
Closed
BT Funds Management No.2 Limited
RFA0062AU
Equity Australia Large Geared
starstarstarstar (as at 30 Sep 2023)
Investment Fund
18 Apr 2006
$10.79 million (as at 31 Oct 2023)
$0.5256 (as at 23 Oct 2023)
$0.5214 (as at 23 Oct 2023)
Finalised
Offer information
Type Description
MER 1.41% (as at 16 Dec 2022)
Indirect Cost Ratio (ICR) 1.96% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $5,000.00
Minimum additional investments
Minimum redemption amount

Top 10 holdings (as at 29 Feb 2024)

Holding (as at 29 Feb 2024) Type % of Portfolio
BHP Group Ltd Equity 14.19%
Login now to view the complete list of holdings.
Your guide to next steps

Dealing with a struggling fund? What to Do and Look For

How to Assess your Managed Fund: And How to Choose the Next One
How to Assess your Managed Fund: And How to Choose the Next One
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
Your managed fund switching checklist. Is fear of capital gains tax holding you back?
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
The Great Investment Fee Scam is hiding in plain sight. And it's ripping us all off.
Guide to tidying up your Portfolio Manager holdings
Guide to tidying up your Portfolio Manager holdings

FAQs about the BT Geared Imputation Fund (Retail)

The objective of the BT Geared Imputation Fund (Retail) 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 Geared Imputation Fund (Retail) managed fund is The investment option invests primarily in a geared portfolio of Australian shares, Australian property securities and convertible preference shares that offer above average income returns.

The APIR code of the BT Geared Imputation Fund (Retail) managed fund is RFA0062AU.

BT Geared Imputation Fund (Retail)’s total return last month was -4.59%. This was made up of a growth return of -4.59% and an income return of 0%. These returns were calculated as at 30 Sep 2023.

BT Geared Imputation Fund (Retail)’s total return for the last three months was -2.76%. This was made up of a growth return of -2.76% and an income return of 0%%. These returns were calculated as at 30 Sep 2023.

BT Geared Imputation Fund (Retail)’s one-year total return is 14.13%. This was made up of a growth return of 10.81% and an income return of 3.32%. These returns were calculated as at 30 Sep 2023.

BT Geared Imputation Fund (Retail)’s one-year total return is 18.24%. This was made up of a growth return of 7.63% and an income return of 10.61%. These returns were calculated as at 30 Sep 2023.

The asset allocation of the BT Geared Imputation Fund (Retail) managed fund is :

Australian Equities
147.35%
Cash
-47.35%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the BT Geared Imputation Fund (Retail) managed fund is BT Funds Management No.2 Limited.

The BT Geared Imputation Fund (Retail) managed fund belongs to the Equity Australia Large Geared sector/asset class.

As at 31 Oct 2023, the size of the BT Geared Imputation Fund (Retail) managed fund was $10.79 million.

The BT Geared Imputation Fund (Retail) managed fund has an inception date of 18 Apr 2006.

The current entry price of the BT Geared Imputation Fund (Retail) managed fund is $0.5256 per unit and the current exit price is $0.5214 per unit (as at 23 Oct 2023).

The current exit price of the BT Geared Imputation Fund (Retail) managed fund is $0.5214 per unit and the current entry price is $0.5256 per unit (as at 23 Oct 2023).

The minimum initial investment amount for the BT Geared Imputation Fund (Retail) managed fund is $5,000. 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.