How we manage our funds.
Westpac's fund managers choose the very best fund specialists from around the world and invest sustainably.
Active and sustainable investment management.
Westpac's dedicated investment arm, BT Funds Management (NZ) Limited (BTNZ), manages our investment funds.
BTNZ's approach to managing investment funds includes:
- Using specialist investment managers who understand their markets
- Having an investment committee to approve and review all its managers
- How we invest sustainably, taking into account environmental, social and governance factors
- Keeping fees low
- Making the most of its buying power.
Specialist fund managers
BTNZ uses specialist investment managers - each one is an expert in their asset class.
Here in New Zealand, BTNZ has full-time experts who take care of its New Zealand cash and local bonds. Then it has specialist investment managers based all over the world, giving it on-the-ground local knowledge of global markets.
Whether investing in mature markets such as Europe and the US, or emerging ones, such as Taiwan and Brazil, BTNZ investment managers find opportunities that might not be available to investors in New Zealand. And it believes its multi-manager approach delivers a more consistent performance for its investors than using a single manager.
BTNZ's investment committee approves all new managers and strategies
All investment managers and investment strategies are approved by the BTNZ investment committee. Each investment manager and strategy is comprehensively researched before selection, and once in place this is continually monitored and reviewed.
Sustainable Investment Policy
All investment managers are required to be aware of, and observe BTNZ's Sustainable Investment Policy. It sets out BTNZ's commitments to climate change, and other positive outcomes BTNZ is working to invest more in, BTNZ's stewardship approach and exclusions. BTNZ believes that businesses operating in a sustainable way are more likely to outlast and outperform their less sustainable competitors.
Low fees for investors
BTNZ’s fees are competitive. The Westpac KiwiSaver Scheme has been awarded a ‘Platinum’ rating by SuperRatings1 who described it as a ‘best value for money’ KiwiSaver Scheme and rated fees and charges as ‘Excellent’.
Harnessing our buying power
BTNZ has more than $15 billion in funds under management. That gives Westpac investors access to investment opportunities that smaller New Zealand funds don't have. That's an advantage when it comes to negotiating better deals and opportunities for our funds.
Remember, our managed funds are only one of many possible ways to invest. Speak to a Financial Adviser about your specific circumstances to get tailored advice for you.
Things you should know.
1 The ratings issued by SuperRatings Pty Ltd ABN 95 100 192 283 AFSL 311880 (SuperRatings) for Westpac KiwiSaver Scheme (‘Platinum’ rating), are as of 23 November 2021. SuperRatings does not guarantee the data or content contained herein to be accurate, complete, or up-to-date, and it will not have any liability for its use or distribution. Ratings are not financial advice for the purposes of the Financial Markets Conduct Act 2013. Consider your personal circumstances, read the product disclosure statement, and seek independent financial advice before investing. SuperRatings uses objective criteria and receives a fee for publishing awards. Visit superratings.com.au for ratings information and to access the full report. © 2021 SuperRatings. All rights reserved.
BT Funds Management (NZ) Limited is the scheme provider and Westpac New Zealand Limited is the distributor, of 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 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 KiwiSaver Scheme' performance, returns or repayment of capital.
You can get a copy of the Westpac KiwiSaver Scheme Product Disclosure Statement here or by contacting any Westpac branch or call 0508 972 254 or from overseas +64 9 375 9978 (international toll charges apply).
The material on this webpage is provided for information purposes only and is not a recommendation or opinion in relation to investments.