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Westpac Flexible Income Moderate Growth - Managed Fund (Closed)

Fund Objective
Aims to provide a moderate level of capital growth over the medium term (at least three years) and a moderate level of interest earnings.
Fund Strategy
The fund will invest either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist mainly of interest bearing investments (such as Australian and international bonds, debt securities, bank-backed bills and cash on deposit) and a moderate holding of growth assets (such as shares and property).

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 0.36% 1.66% -3.89% -2.17% 1.34% 1.97% 1.98% 4.35%
Growth return 0.36% 1.66% -3.89% -2.17% 1.34% 1.97% 1.98% 4.35%
Income return 0% 0% 0% 0% 0% 0% 0% 0%
Market index (Morningstar AUS Mod Tgt Alloc NR AUD)
Total return 0.85% 2.4% 5.58% 8.64% 10.65% 7.52% 4.17% 4.51%
As at 31 Jul 2020. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Flexible Income Moderate Growth
Australian Equities
9.11%
International Equities
11.74%
Cash
11.38%
Property & Infrastructure
4.11%
Fixed Interest
49.24%
Alternatives
14.42%
Average Allocation of Peers
Australian Equities
10.81%
International Equities
15.05%
Cash
14.05%
Property & Infrastructure
3.68%
Fixed Interest
50.47%
Alternatives
5.93%

General Information

Fund Details
Type Description
Westpac Flexible Income Moderate Growth
Closed
Westpac Financial Services Limited
WFS0117AU
Multisector Moderate
starstar (as at 31 Jul 2020)
Allocated Pension
20 Jun 2000
$0 million (as at 30 Apr 2023)
$2.3597 (as at 17 Aug 2020)
$2.3543 (as at 17 Aug 2020)
Finalised
Offer information
Type Description
Standard entry fee 3%
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

FAQs about the Westpac Flexible Income Moderate Growth

The objective of the Westpac Flexible Income Moderate Growth managed fund is Aims to provide a moderate level of capital growth over the medium term (at least three years) and a moderate level of interest earnings.

The strategy of the Westpac Flexible Income Moderate Growth managed fund is The fund will invest either directly or indirectly through collective investments (such as life policies or unit trusts) so that the underlying assets of the Investment Option consist mainly of interest bearing investments (such as Australian and international bonds, debt securities, bank-backed bills and cash on deposit) and a moderate holding of growth assets (such as shares and property).

The APIR code of the Westpac Flexible Income Moderate Growth managed fund is WFS0117AU.

Westpac Flexible Income Moderate Growth’s total return last month was 0.36%. This was made up of a growth return of 0.36% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

Westpac Flexible Income Moderate Growth’s total return for the last three months was 1.66%. This was made up of a growth return of 1.66% and an income return of 0%%. These returns were calculated as at 31 Jul 2020.

Westpac Flexible Income Moderate Growth’s one-year total return is -2.17%. This was made up of a growth return of -2.17% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

Westpac Flexible Income Moderate Growth’s one-year total return is 1.97%. This was made up of a growth return of 1.97% and an income return of 0%. These returns were calculated as at 31 Jul 2020.

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

Australian Equities
9.11%
International Equities
11.74%
Cash
11.38%
Property & Infrastructure
4.11%
Fixed Interest
49.24%
Alternatives
14.42%

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

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

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

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

The current entry price of the Westpac Flexible Income Moderate Growth managed fund is $2.3597 per unit and the current exit price is $2.3543 per unit (as at 17 Aug 2020).

The current exit price of the Westpac Flexible Income Moderate Growth managed fund is $2.3543 per unit and the current entry price is $2.3597 per unit (as at 17 Aug 2020).

The minimum initial investment amount for the Westpac Flexible Income Moderate 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.