InvestSMART

Westpac Investment Trust - Managed Fund (Closed)

Fund Objective
A diversified income and growth share trust aiming to achieve capital growth in the medium to longer term together with a reasonable level of income comparable to the All Ordinaries Accumulation Index.
Fund Strategy
To invest in ordinary shares of companies listed on Australian stock exchanges. As the primary objective is to generate capital growth, the manager will concentrate on those companies which offer the greatest potential for growth and profitability. At a unitholders' meeting held on 9 October 1995, unitholders voted to widen the list of authorised investments.

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 -0.78% 5.87% 4.05% 5.07% 9.65% 10.83% 7.94% 11.25%
Growth return -2.19% 4.37% 2.58% -11.39% -5.28% -2.81% -5.01% 2.3%
Income return 1.41% 1.5% 1.47% 16.46% 14.93% 13.64% 12.95% 8.95%
Market index (S&P/ASX 200 TR AUD)
Total return -0.78% 4.71% 14.66% 10.56% 16.03% 15.17% 12.98% 10.11%
As at 31 Dec 1998. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Investment Trust
Australian Equities
97.99%
Cash
2.01%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.38%
Cash
-0.73%
International Equities
5.10%
Property & Infrastructure
1.41%
Fixed Interest
0.26%
Alternatives
0.58%

General Information

Fund Details
Type Description
Westpac Investment Trust
Closed
Westpac Financial Services Limited
WFS0001AU
Equity Australia Other
Not Rated
Investment Fund
6 Mar 1972
$21.52 million (as at 31 Dec 1998)
n/a
$3.68 (as at 22 Jan 1999)
Finalised
Offer information
Type Description
MER 1.05% (as at 30 Jun 1996)
Minimum initial investment $1,000.00

FAQs about the Westpac Investment Trust

The objective of the Westpac Investment Trust managed fund is A diversified income and growth share trust aiming to achieve capital growth in the medium to longer term together with a reasonable level of income comparable to the All Ordinaries Accumulation Index.

The strategy of the Westpac Investment Trust managed fund is To invest in ordinary shares of companies listed on Australian stock exchanges. As the primary objective is to generate capital growth, the manager will concentrate on those companies which offer the greatest potential for growth and profitability. At a unitholders' meeting held on 9 October 1995, unitholders voted to widen the list of authorised investments.

The APIR code of the Westpac Investment Trust managed fund is WFS0001AU.

Westpac Investment Trust’s total return last month was -0.78%. This was made up of a growth return of -2.19% and an income return of 1.41%. These returns were calculated as at 31 Dec 1998.

Westpac Investment Trust’s total return for the last three months was 5.87%. This was made up of a growth return of 4.37% and an income return of 1.5%%. These returns were calculated as at 31 Dec 1998.

Westpac Investment Trust’s one-year total return is 5.07%. This was made up of a growth return of -11.39% and an income return of 16.46%. These returns were calculated as at 31 Dec 1998.

Westpac Investment Trust’s one-year total return is 10.83%. This was made up of a growth return of -2.81% and an income return of 13.64%. These returns were calculated as at 31 Dec 1998.

The asset allocation of the Westpac Investment Trust managed fund is :

Australian Equities
97.99%
Cash
2.01%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Westpac Investment Trust managed fund is Westpac Financial Services Limited.

The Westpac Investment Trust managed fund belongs to the Equity Australia Other sector/asset class.

As at 31 Dec 1998, the size of the Westpac Investment Trust managed fund was $21.52 million.

The Westpac Investment Trust managed fund has an inception date of 6 Mar 1972.

The current entry price of the Westpac Investment Trust managed fund is $ per unit and the current exit price is $3.68 per unit (as at 22 Jan 1999).

The current exit price of the Westpac Investment Trust managed fund is $3.68 per unit and the current entry price is $ per unit (as at 22 Jan 1999).

The minimum initial investment amount for the Westpac Investment Trust managed fund is $1,000.

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.