InvestSMART

Westpac Flexible Income Guaranteed Money Market NE - Managed Fund (Closed)

Fund Objective
Potential risk - low, potential return - low.
Fund Strategy
Target range of assets: cash 70-100%, Australian fixed interest 0-15%, international fixed interest 0-15%, Australian shares 0-10% and property 0-10%.

Fund Performance Comparison

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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% 0.03% 0.05% 0.21% 0.48% 0.51% 0.58% 1.15%
Growth return 0% 0.03% 0.05% 0.21% 0.48% 0.51% 0.58% 1.15%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (RBA Bank accepted Bills 90 Days)
Total return 0.29% 0.9% 1.85% 4.02% 4.2% 4.02% 2.58% 2.07%
As at 31 Jul 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Flexible Income Guaranteed Money Market NE
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
44.74%
Australian Equities
3.95%
International Equities
6.74%
Property & Infrastructure
1.87%
Fixed Interest
20.76%
Alternatives
21.95%

General Information

Fund Details
Type Description
Westpac Flexible Income Guaranteed Money Market NE
Closed
Westpac Financial Services Limited
WFS0357AU
Australian Cash
starstar (as at 31 Mar 2013)
Allocated Pension
7 Mar 2002
$0 million (as at 30 Apr 2023)
$1.4972 (as at 17 Aug 2020)
$1.4972 (as at 17 Aug 2020)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 2.12% (as at 30 Jun 2015)
Minimum initial investment $10,000.00
Minimum additional investments $10,000.00
Minimum redemption amount

FAQs about the Westpac Flexible Income Guaranteed Money Market NE

The objective of the Westpac Flexible Income Guaranteed Money Market NE managed fund is Potential risk - low, potential return - low.

The strategy of the Westpac Flexible Income Guaranteed Money Market NE managed fund is Target range of assets: cash 70-100%, Australian fixed interest 0-15%, international fixed interest 0-15%, Australian shares 0-10% and property 0-10%.

The APIR code of the Westpac Flexible Income Guaranteed Money Market NE managed fund is WFS0357AU.

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

Westpac Flexible Income Guaranteed Money Market NE’s total return for the last three months was 0.03%. This was made up of a growth return of 0.03% and an income return of 0%%. These returns were calculated as at 31 Jul 2020.

Westpac Flexible Income Guaranteed Money Market NE’s one-year total return is 0.21%. This was made up of a growth return of 0.21% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

Westpac Flexible Income Guaranteed Money Market NE’s one-year total return is 0.51%. This was made up of a growth return of 0.51% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

The asset allocation of the Westpac Flexible Income Guaranteed Money Market NE managed fund is :

Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Westpac Flexible Income Guaranteed Money Market NE managed fund is Westpac Financial Services Limited.

The Westpac Flexible Income Guaranteed Money Market NE managed fund belongs to the Australian Cash sector/asset class.

As at 30 Apr 2023, the size of the Westpac Flexible Income Guaranteed Money Market NE managed fund was $0 million.

The Westpac Flexible Income Guaranteed Money Market NE managed fund has an inception date of 7 Mar 2002.

The current entry price of the Westpac Flexible Income Guaranteed Money Market NE managed fund is $1.4972 per unit and the current exit price is $1.4972 per unit (as at 17 Aug 2020).

The current exit price of the Westpac Flexible Income Guaranteed Money Market NE managed fund is $1.4972 per unit and the current entry price is $1.4972 per unit (as at 17 Aug 2020).

The minimum initial investment amount for the Westpac Flexible Income Guaranteed Money Market NE 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.