InvestSMART

Westpac Found Plan Diversified Growth - Managed Fund (Closed)

Fund Objective
To provide investors with capital growth over the medium to long-term, through exposure across a range of asset classes.
Fund Strategy
This option invests in a mix of Australian and international shares, fixed interest securities, listed property trusts and cash. The option is designed to reduce overall portfolio risk by spreading the option's investments across asset classes.

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 2.47% -1.39% -2.23% -1.77% 6.3% 2.79% 3.72% 4.71%
Growth return -3.26% -4.41% -5.99% -3.11% 5.13% 2.32% 3.22% 4.61%
Income return 5.73% 3.02% 3.76% 1.34% 1.17% 0.47% 0.5% 0.1%
Market index (Morningstar AUS Balance Tgt Alloc NR AUD)
Total return 0.67% 3.34% 8.26% 9.04% 12.12% 10.82% 6.61% 6.51%
As at 31 Jul 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Found Plan Diversified Growth
Australian Equities
23.74%
International Equities
23.87%
Cash
19.93%
Property & Infrastructure
4.84%
Fixed Interest
23.75%
Alternatives
3.87%
Average Allocation of Peers
Australian Equities
16.34%
International Equities
27.92%
Cash
8.37%
Property & Infrastructure
3.82%
Fixed Interest
36.02%
Alternatives
7.52%

General Information

Fund Details
Type Description
Westpac Found Plan Diversified Growth
Closed
Westpac Life Insurance Services Limited
WFS0039AU
Multisector Balanced
starstarstarstar (as at 31 Jul 2022)
Investment Fund
1 Jan 1995
$0 million (as at 30 Sep 2022)
$3.3048 (as at 29 Jul 2022)
$3.3048 (as at 29 Jul 2022)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 1.72% (as at 30 Jun 2021)
Performance fee (not included in ICR) 0
Minimum initial investment $3,000.00
Minimum additional investments $1,000.00
Minimum redemption amount

FAQs about the Westpac Found Plan Diversified Growth

The objective of the Westpac Found Plan Diversified Growth managed fund is To provide investors with capital growth over the medium to long-term, through exposure across a range of asset classes.

The strategy of the Westpac Found Plan Diversified Growth managed fund is This option invests in a mix of Australian and international shares, fixed interest securities, listed property trusts and cash. The option is designed to reduce overall portfolio risk by spreading the option's investments across asset classes.

The APIR code of the Westpac Found Plan Diversified Growth managed fund is WFS0039AU.

Westpac Found Plan Diversified Growth’s total return last month was 2.47%. This was made up of a growth return of -3.26% and an income return of 5.73%. These returns were calculated as at 31 Jul 2022.

Westpac Found Plan Diversified Growth’s total return for the last three months was -1.39%. This was made up of a growth return of -4.41% and an income return of 3.02%%. These returns were calculated as at 31 Jul 2022.

Westpac Found Plan Diversified Growth’s one-year total return is -1.77%. This was made up of a growth return of -3.11% and an income return of 1.34%. These returns were calculated as at 31 Jul 2022.

Westpac Found Plan Diversified Growth’s one-year total return is 2.79%. This was made up of a growth return of 2.32% and an income return of 0.47%. These returns were calculated as at 31 Jul 2022.

The asset allocation of the Westpac Found Plan Diversified Growth managed fund is :

Australian Equities
23.74%
International Equities
23.87%
Cash
19.93%
Property & Infrastructure
4.84%
Fixed Interest
23.75%
Alternatives
3.87%

The Responsible Entity for the Westpac Found Plan Diversified Growth managed fund is Westpac Life Insurance Services Limited.

The Westpac Found Plan Diversified Growth managed fund belongs to the Multisector Balanced sector/asset class.

As at 30 Sep 2022, the size of the Westpac Found Plan Diversified Growth managed fund was $0 million.

The Westpac Found Plan Diversified Growth managed fund has an inception date of 1 Jan 1995.

The current entry price of the Westpac Found Plan Diversified Growth managed fund is $3.3048 per unit and the current exit price is $3.3048 per unit (as at 29 Jul 2022).

The current exit price of the Westpac Found Plan Diversified Growth managed fund is $3.3048 per unit and the current entry price is $3.3048 per unit (as at 29 Jul 2022).

The minimum initial investment amount for the Westpac Found Plan Diversified Growth managed fund is $3,000. Minimum additional investment is $1000.

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.