Moderate Growth Fund
This is an underlying investment option for BT Investor Choice Funds, Westpac Flexible Income Plan and BT Personal Portfolio Service.
Investment objective
The fund aims to provide a moderate level of capital growth over the medium term (at least 3 years) and a moderate level of interest earnings.
Investment strategy
The fund invests either directly in assets or indirectly through collective investments (such as life policies or unit trusts) so that:
- The majority of the underlying assets provide income for reinvestment. Such assets include bank-backed bills and cash on deposit as well as Australian and international fixed interest
- A portion of the underlying assets of the fund includes growth assets, such as shares and property, to provide potential for higher returns.
| Asset type | Neutral position | Range | |
|---|---|---|---|
|
Cash | 25% | (15 - 35%) |
|
International shares | 10% | (0 - 20%) |
|
Australian shares | 17% | (7 - 27%) |
|
Property securities | 8% | (0 - 20%) |
|
International fixed interest | 10% | (0 - 20%) |
|
Australian fixed interest | 30% | (20 - 40%) |
