phone 0508 WPAC KIWI (0508 972 254 Monday to Friday, 9am to 5pm)
Cash Fund
designed to provide stable, low volatility returns
invests in income assets of a short-term nature
long-term returns likely to be lower than investments that include shares
Conservative Fund
designed to provide low levels of risk
invests in a higher proportion of income assets than the Balanced or Growth Funds
is likely to be more stable than the Balanced or Growth Funds
will have varying returns which may be low or negative at times
this fund is the default investment option if a fund is not specified by a member
Balanced Fund
designed to provide medium potential returns for medium risk
aims to balance income and growth assets
potential for high returns over time as a significant proportion is invested in growth assets
returns will varying which may be low or negative at times
Growth Fund
designed to provide higher returns but with greater fluctuations in the levels of those returns
fluctuations in the levels of those returns
high proportion of growth assets
potential for high returns over time, compared to other Westpac KiwiSaver Scheme Funds
returns will have varying returns which are likely to be low or negative at times
Capital Protection Plan
The Capital Protection Plan is designed to protect capital while offering the potential to benefit from the level of returns offered by shares.
Each CPP Fund
invests principally in shares at launch
may be invested in zero coupon bonds or deposits at any time to provide for the capital protection at maturity
To invest in a CPP Fund, a member
needs a $1,000 minimum investment to commit to each CPP fund.
A new fund is launched in October each year and each fund has a maturity of 10 years and a member must stay in that fund until maturity to get the capital protection benefit.
Choose the Westpac KiwiSaver Scheme for your staff
BT Funds Management (NZ) Limited PO Box 6088 Wellesley Street Auckland
Or fax it back to (09) 367 3302
The information above is based on information current at the time of writing and from sources Westpac believes to be accurate and reliable as at July 2011 and is subject to changes to government policy and law, and changes to the Westpac KiwiSaver Scheme from time to time (as referred to in the investment statement). The material on this website is provided for general information purposes only and is not a recommendation or opinion in relation to the Westpac KiwiSaver Scheme. You should not rely solely on the information on this website. We recommend that you consult a Westpac investment adviser if you would like advice in relation to the Westpac KiwiSaver Scheme.
.
Investments made in the Westpac KiwiSaver Scheme do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principle invested. None of BT Funds Management (NZ) Limited, any member of the Westpac group of companies, The New Zealand Guardian Trust Company Limited, or any director or nominee of any of those entities, or any other person guarantees the Westpac KiwiSaver Scheme’s performance, returns or repayment of capital.
The information on this page is presented subject to our legal page and any other terms and conditions that Westpac may impose from time to time. It is subject to change without notification.
