InvestSMART

Westpac Variable Income Cash Guaranteed - Managed Fund (Closed)

Fund Objective
To provide a guaranteed regular income stream for fixed terms of between one and 15 years.
Fund Strategy
Invests in a combination of highly secure liquid assets, which may include cash on deposit, short term money market instruments and quality short term fixed interest securities. Asset benchmark: cash 100%.

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 0.05% 0.11% 0.11% 0.11% 0.07% 0.09% 0.38% 0.88%
Growth return 0.04% 0.05% 0.05% 0.05% 0.04% 0.08% 0.39% 0.89%
Income return 0.01% 0.06% 0.06% 0.06% 0.03% 0.01% -0.01% -0.01%
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 2022. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Westpac Variable Income Cash Guaranteed
Cash
100%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Cash
45.92%
Australian Equities
3.95%
International Equities
6.73%
Property & Infrastructure
1.87%
Fixed Interest
20.79%
Alternatives
20.74%

General Information

Fund Details
Type Description
Westpac Variable Income Cash Guaranteed
Closed
Westpac Life Insurance Services Limited
APC0492AU
Australian Cash
starstarstar (as at 31 May 2012)
Allocated Pension
1 Dec 1993
$0 million (as at 30 Sep 2022)
$2.382 (as at 29 Jul 2022)
$2.382 (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 $10,000.00

FAQs about the Westpac Variable Income Cash Guaranteed

The objective of the Westpac Variable Income Cash Guaranteed managed fund is To provide a guaranteed regular income stream for fixed terms of between one and 15 years.

The strategy of the Westpac Variable Income Cash Guaranteed managed fund is Invests in a combination of highly secure liquid assets, which may include cash on deposit, short term money market instruments and quality short term fixed interest securities. Asset benchmark: cash 100%.

The APIR code of the Westpac Variable Income Cash Guaranteed managed fund is APC0492AU.

Westpac Variable Income Cash Guaranteed’s total return last month was 0.05%. This was made up of a growth return of 0.04% and an income return of 0.01%. These returns were calculated as at 31 Jul 2022.

Westpac Variable Income Cash Guaranteed’s total return for the last three months was 0.11%. This was made up of a growth return of 0.05% and an income return of 0.06%%. These returns were calculated as at 31 Jul 2022.

Westpac Variable Income Cash Guaranteed’s one-year total return is 0.11%. This was made up of a growth return of 0.05% and an income return of 0.06%. These returns were calculated as at 31 Jul 2022.

Westpac Variable Income Cash Guaranteed’s one-year total return is 0.09%. This was made up of a growth return of 0.08% and an income return of 0.01%. These returns were calculated as at 31 Jul 2022.

The asset allocation of the Westpac Variable Income Cash Guaranteed 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 Variable Income Cash Guaranteed managed fund is Westpac Life Insurance Services Limited.

The Westpac Variable Income Cash Guaranteed managed fund belongs to the Australian Cash sector/asset class.

As at 30 Sep 2022, the size of the Westpac Variable Income Cash Guaranteed managed fund was $0 million.

The Westpac Variable Income Cash Guaranteed managed fund has an inception date of 1 Dec 1993.

The current entry price of the Westpac Variable Income Cash Guaranteed managed fund is $2.382 per unit and the current exit price is $2.382 per unit (as at 29 Jul 2022).

The current exit price of the Westpac Variable Income Cash Guaranteed managed fund is $2.382 per unit and the current entry price is $2.382 per unit (as at 29 Jul 2022).

The minimum initial investment amount for the Westpac Variable Income Cash Guaranteed managed fund is $10,000.

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.