What’s the difference between managed funds and term deposits?

Managed funds are a simple way to invest. Your money is managed by expert fund managers, with the potential for higher returns than a term deposit over the long term (depending on the fund you invest in). With that also comes the potential for more risk (your balance going down).

Term deposits provide stability in terms of a guaranteed return with your money invested for a set period of time. They may provide less potential for growth than a managed fund over the long term.

Learn more

• What is Westpac Active Series?
• Is there a fee to invest in Westpac Active series managed funds?
• All Investment FAQs

Things you should know.

BT Funds Management (NZ) Limited is the issuer and manager and Westpac New Zealand Limited is a distributor of the Westpac Active Series.

The material on this webpage is provided for general purposes only and is not a recommendation or opinion in relation to the Westpac Active Series. You should not rely solely on the information on this webpage.

Investments made in the Westpac Active Series 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 principal invested.

None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac Group of companies, The New Zealand Guardian Trust Company Limited (as supervisor), or any director or nominee of any of those entities, or any other person guarantees the Westpac Active Series' performance, returns or repayment of capital.

View the Product Disclosure Statement for the Westpac Active Series  or get a copy from any Westpac Financial Adviser.