Westpac Flexible Income Balanced Growth - Managed Fund (Closed)

Fund Objective

Aims to provide a high level of capital growth over the long term (at least five years) from a balanced portfolio of assets.

Fund Strategy

Invests either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist of a diversified portfolio of mainly growth assets (Australian and international shares and property) and to provide for the potential for long term capital growth.

Fund Performance Comparison

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Peers

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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.

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.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.31%	3.49%	-9.53%	-5.81%	-0.09%	2.91%	2.89%	5.97%
Growth return	0.31%	3.49%	-9.53%	-5.81%	-0.09%	2.91%	2.89%	5.97%
Income return	0%	0%	0%	0%	0%	0%	0%	0%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	-0.73%	1.47%	6.93%	9.32%	13.98%	10.73%	8.12%	8.11%

As at 31 Jul 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Flexible Income Balanced Growth

Australian Equities: 29.10%

International Equities: 30.65%

Cash: 3.53%

Property & Infrastructure: 4.47%

Fixed Interest: 17.74%

Alternatives: 14.51%

Average Allocation of Peers

Australian Equities: 27.27%

International Equities: 35.71%

Cash: 5.85%

Property & Infrastructure: 6.27%

Fixed Interest: 20.66%

Alternatives: 4.25%

General Information

Fund Details

Type	Description
Fund Name	Westpac Flexible Income Balanced Growth
Fund Status	Closed
Responsible Entity	Westpac Financial Services Limited
APIR Code	WFS0113AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Jul 2020)
Legal Structure	Allocated Pension
Fund Inception	20 Jun 2000
Fund Size	$0 million (as at 30 Apr 2023)
Entry Price	$2.6844 (as at 17 Aug 2020)
Exit Price	$2.6756 (as at 17 Aug 2020)
Fund Status	Finalised

Offer information

Type	Description
MER	1.65% (as at 30 Jun 2003)
Indirect Cost Ratio (ICR)	1.86% (as at 30 Jun 2015)
Minimum initial investment	$10,000.00
Minimum additional investments	$10,000.00
Minimum redemption amount

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FAQs about the Westpac Flexible Income Balanced Growth

What is the objective of the Westpac Flexible Income Balanced Growth managed fund?

The objective of the Westpac Flexible Income Balanced Growth managed fund is Aims to provide a high level of capital growth over the long term (at least five years) from a balanced portfolio of assets.

What is the strategy for the Westpac Flexible Income Balanced Growth managed fund?

The strategy of the Westpac Flexible Income Balanced Growth managed fund is Invests either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist of a diversified portfolio of mainly growth assets (Australian and international shares and property) and to provide for the potential for long term capital growth.

What is the APIR code of the Westpac Flexible Income Balanced Growth managed fund?

The APIR code of the Westpac Flexible Income Balanced Growth managed fund is WFS0113AU.

What was Westpac Flexible Income Balanced Growth’s total return last month?

Westpac Flexible Income Balanced Growth’s total return last month was 0.31%. This was made up of a growth return of 0.31% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What was Westpac Flexible Income Balanced Growth’s total return for the last three months?

Westpac Flexible Income Balanced Growth’s total return for the last three months was 3.49%. This was made up of a growth return of 3.49% and an income return of 0%%. These returns were calculated as at 31 Jul 2020.

What is Westpac Flexible Income Balanced Growth’s one-year total return?

Westpac Flexible Income Balanced Growth’s one-year total return is -5.81%. This was made up of a growth return of -5.81% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What is Westpac Flexible Income Balanced Growth’s three-year total return?

Westpac Flexible Income Balanced Growth’s one-year total return is 2.91%. This was made up of a growth return of 2.91% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

What is the asset allocation of the Westpac Flexible Income Balanced Growth managed fund?

The asset allocation of the Westpac Flexible Income Balanced Growth managed fund is :

Australian Equities: 29.10%

International Equities: 30.65%

Cash: 3.53%

Property & Infrastructure: 4.47%

Fixed Interest: 17.74%

Alternatives: 14.51%

Who is the responsible Entity of the Westpac Flexible Income Balanced Growth managed fund?

The Responsible Entity for the Westpac Flexible Income Balanced Growth managed fund is Westpac Financial Services Limited.

What sector/asset class does the Westpac Flexible Income Balanced Growth managed fund belong to?

The Westpac Flexible Income Balanced Growth managed fund belongs to the Multisector Growth sector/asset class.

What is the size of the Westpac Flexible Income Balanced Growth managed fund?

As at 30 Apr 2023, the size of the Westpac Flexible Income Balanced Growth managed fund was $0 million.

What is the inception date of the Westpac Flexible Income Balanced Growth managed fund?

The Westpac Flexible Income Balanced Growth managed fund has an inception date of 20 Jun 2000.

What is the current entry price of the Westpac Flexible Income Balanced Growth managed fund?

The current entry price of the Westpac Flexible Income Balanced Growth managed fund is $2.6844 per unit and the current exit price is $2.6756 per unit (as at 17 Aug 2020).

What is the current exit price of the Westpac Flexible Income Balanced Growth managed fund?

The current exit price of the Westpac Flexible Income Balanced Growth managed fund is $2.6756 per unit and the current entry price is $2.6844 per unit (as at 17 Aug 2020).

What is the minimum investment amount for the Westpac Flexible Income Balanced Growth managed fund?

The minimum initial investment amount for the Westpac Flexible Income Balanced Growth managed fund is $10,000. Minimum additional investment is $10000.

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.

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