Ready-made investment portfolios
If you are new to investing or want an expertly managed portfolio, you may consider one of our five ready-made managed portfolio options.
Why choose BT Invest?
How can I invest?
Choose one of five ready-made BT Invest managed portfolios. These five diversified portfolios are aligned to acknowledged wealth industry profiles covering most stages of your wealth journey (i.e. Conservative, Moderate, Balanced, Growth and High Growth). You choose the portfolio and we’ll do the rest.
Advance Conservative Portfolio
This portfolio may suit you if you prefer predominantly income and some growth returns, with a low probability of loss over the short term.
Advance Moderate Portfolio
This portfolio may suit you if you prefer a combination of predominantly income and stable growth returns.
Advance Balanced Portfolio
This portfolio may suit you if you prefer predominantly moderate growth and some income returns.
Advance Growth Portfolio
This portfolio may suit you if you prefer predominantly moderate to high growth and some income returns.
Advance High Growth Portfolio
This portfolio may suit you if you prefer predominantly high growth returns.
Need help determining your risk style?
Want more control to build your portfolio?
Create your own portfolio from a wide a range of investment options using the build your own option.
Minimum investment amounts
You can open an account and view your investment options without making a deposit. When you are ready to make a deposit, a minimum of $100 is required to be held in the BT Cash Management Account at all times. Once your initial deposits have been made, and provided the minimum BT Cash Management Account holding is maintained, there are no minimums to regularly contribute to your current investments.
For all other minimum investment amounts, see below:
| Investment option | Minimum investment amount |
|---|---|
| BT Cash Management Account | $100 |
| Any diversified managed portfolio option | $900 |
| Any specialised managed portfolio option | $25,000 |
| Managed funds | No minimum |
| Shares | One share |
| Term deposits | $5,000 |
Fees
You can open an account and view your investment options without making a deposit. When you are ready to make a deposit, a minimum of $100 is required to be held in the BT Cash Management Account at all times. Once your initial deposits have been made, and provided the minimum BT Cash Management Account holding is maintained, there are no minimums to regularly contribute to your current investments.
For all other minimum investment amounts, see below:
| Fee | Amount |
|---|---|
| Account based administration fee |
$60 p.a. per account Charged once you have made your first deposit |
| Asset based administration fee | 0.50% p.a. applies on the value of holdings in the Antares Dividend Builder Portfolio, DNR Capital Australian Equities High Conviction Portfolio, listed securities and managed funds. It does not apply to holdings in the five diversified managed portfolio options, BT Cash Management Account and term deposits. The Asset based fee is capped at $1,500,000 (meaning it will not apply to the portion of balance in those applicable investments that is over $1,500,000). |
This is a summary only. For full information on fees and costs refer to the ‘Fees & Costs’ section of the BT Invest Investor Guide.
Next steps
Who is this account for?
- All people in Australia that are 18 years or older.
- Those who can maintain a minimum balance of $100 in the transaction account.
What do I need to get started?
- Open a BT Invest account in about 10 minutes.
- Make an initial deposit and choose between Ready-made or Build your own portfolios.
- Start investing.
Important things to consider before you invest
Before you consider investing through BT Invest, it is important you understand the risks that can affect your investment. Generally, these are:
- Risks associated with using BT Invest.
- Investment risks associated with the investments you access through BT Invest.
- Investment risk: The value of your investments held through BT Invest may be influenced by movements in global and domestic market exchanges, international currencies and interest rates. Adverse movements could result in possible delays in repayment of withdrawal proceeds and loss of income and principal invested.
- Investment specific risks: An investment in a managed portfolio option or managed fund which has exposure to an entity that is listed on a stock exchange may be affected by unexpected changes in that entity’s operations (due to quality of management, use of technology, etc.) or its business environment. Similarly, an investment in a managed portfolio managed fund option may be affected by unexpected changes in the fund’s operations or by changes in investment management personnel. (For more information see the 'Performance' section in 'Investing with BT Managed Portfolios')
- Managed portfolio risks: The likely rate of return and the risk of losing money are different in respect of each managed portfolio option, as different strategies carry different levels of risk depending on the mix of assets. Each managed portfolio option therefore may or may not be appropriate for your individual circumstances. There is also risk associated with transaction timing. Generally the managed portfolio option you choose will not be rebalanced more frequently than once per business day. There is a risk that the responsible entity managing your portfolio may not be able to process rebalancing instructions from the investment manager immediately on receiving the instructions, leading to a potential divergence from the return on the investment manager's notional portfolio. This can occur for a variety of reasons, including illiquidity.
- Term deposit risk: There are some specific risks to investing in term deposits: Term deposit interest rates are fixed for the term of the investment (until maturity), and as a result you are protected from any fall in interest rates for that term. However, you will also not benefit from interest rate rises that occur during the term. Early withdrawal of term deposits will generally result in a waiting period before the term deposit proceeds are paid to you. An interest rate adjustment may apply if you or we terminate the term deposit before maturity (including if you close your account).
- Tax risk: The tax impact of your investments will depend on your personal circumstances. You should seek your own professional taxation advice in relation to your investment.
- Changes in tax and other regulations: BT Invest has been designed based on the current regulatory environment. If those regulations change, the value of your investments may be adversely affected.
- BT Invest operational risk: The risk that administration, computer and supporting systems may not always work as they should. The effective operation of BT Invest (that is powered by Panorama) depends on the integrity of our systems. However, there is a risk that these systems may not be available or operate effectively in certain circumstances. We take risk management seriously, and have procedures in place that are designed to reduce the risk of systems not working effectively and to respond promptly should problems arise. However, you should be aware that not all of these risks can be foreseen.
This summary sets out the general risks associated with BT Invest and investments accessed through BT Invest. It is not an exhaustive list of all the risks of investing. You should refer to the BT Invest Investor Guide and the disclosure documents for the specific investments available through BT Invest (including the PDS for BT Cash Management Account and BT Managed Portfolios) to better understand the risks of investing. These disclosure documents, can be found below.
Bank of Melbourne has partnered with BT
To help you do more with your investments, we’ve partnered with BT – Bank of Melbourne's wealth expert and one of Australia’s leading investment specialists. BT has been helping Australians manage, grow and protect their money since 1969.
The Detail
BT Panorama Financial Services Guide
BT Invest Target Market Determination (PDF 530 KB)
BT Invest Cash Management Account Target Market Determination (PDF 911 KB)
BT Managed Portfolios Target Market Determination (PDF 913 KB)
BT Invest Managed Portfolios PDS
BT Invest Managed Portfolios PDS Part 1
General information
BT Invest Managed Portfolios PDS Part 2
Investment Options Booklet
Ready-made portfolios - Fact sheets
Advance Conservative Portfolio
Sector portfolios - Fact sheets
DNR Capital Australian Equities High Conviction Portfolio
Pendal Australian Shares Portfolio
Pendal Sustainable Future Australian Shares Portfolio
BT S&P/ASX 20 Shares Portfolio
Antares Dividend Builder Portfolio
Proxy Voting Record
BT Managed Portfolios Proxy Voting Record
The information on this webpage about BT Invest has been prepared by BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) and is current as at January 2019. The information provided is general in nature and does not take into account your personal objectives, financial situation or needs and so you should consider its appropriateness having regard to these factors before acting on it. All examples and images are for illustrative purposes only. Your portfolio value and performance are likely to be different and will depend on the investment options you have selected and the time period over which you are invested in those options. Past performance is not a reliable indicator of future performance.
BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) operates BT Invest. Westpac Financial Services Ltd ABN 20 000 241 127 AFSL 233716 (WFSL) is the responsible entity and issuer of interests in BT Managed Portfolios. Westpac Banking Corporation ABN 33 007 457 141 AFSL and Australian credit licence 233714 (Westpac) is the issuer of the BT Invest Cash Management Account (BT Invest CMA). Together, these products are referred to as the BT Invest products.
A Product Disclosure Statement or other disclosure document (PDS) for the BT Invest products can be obtained by contacting BT on 1300 881 716 or by clicking here. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of interests in the BT Invest products.
BTPS and WFSL are subsidiaries of Westpac. Apart from any interest investors may have in Westpac term deposits, Westpac securities or the BT Invest CMA acquired through the BT Invest products, an investment in, or acquired using, the BT Invest products is not an investment in, deposit with or any other liability of Westpac or any other company in the Westpac Group. These investments are subject to investment risk, including possible delays in repayment of withdrawal proceeds and loss of income and principal invested. Westpac and its related entities do not stand behind or otherwise guarantee the capital value or investment performance of any investments in, or acquired through, the BT Invest products.
© BT Portfolio Services Ltd 2019