Westpac Mortgage Investment Fund

A low-risk group investment fund investing primarily in loans secured by registered first mortgages over residential properties in New Zealand.

Download Investment Statement

Managed funds

More info on managed funds icon More info on other managed funds
  > Latest Managed Fund performance
  > Premium Investment Funds
  > Westpac Active Series
  > Cash Plus Trust
  > Corporate Bond Fund
  > Retirement Plan
  > Exit Unit Prices
  > tax faqs

Contact us

Contact us icon Contact us now
  > email
  > Investment Advisers
  > Westpac branches
  > phone 0800 738 641
(8.30am to 5.30pm,
Monday to Friday)

Features
the option of investing by regular payments, lump sum payments or both  
ability to withdraw all or part of your investment at no charge (subject to any applicable minimums)  
income earned by the fund is calculated daily and distributed regularly to investors  
choose whether your regular distributions are paid in cash or automatically reinvested to take advantage of compounding returns  
as the fund is a PIE, your investment will be taxed at your prescribed investor rate  
you will receive regular notices on your investment and financial statements each year.  
How much do you need to invest?
Your approach to investing can be as flexible as you want it to be. You can make regular investments or pay in lump sum investments.
 Payment type Minimum investment
Regular investments $1,200 per year—choose to pay this monthly, quarterly or annually (provided you have made the first lump sum payment of $5,000).
Lump sum payments $5,000 minimum for first lump sum; $500 for each additional lump sum.
Initial service, administration and other charges
there is no initial service charge or administration charge  
a trustee fee of up to 0.075% p.a. (plus any GST) of the fund’s gross assets  
a management fee of up to 1.00% p.a. (plus any GST) of the fund’s gross assets  
an early withdrawal fee of 1.00% on the amount withdrawn applies, if the withdrawal is required within 30 days.  
Prospectus
A prospectus for the Westpac Mortgage Investment Fund has been registered. You can download a copy at www.business.govt.nz/companies.  
You can get a copy of the investment statement for any securities for which an investment statement is required from any Westpac branch in New Zealand. Disclosure Statements for Westpac Investment Advisers are available on request and free of charge from any Westpac Investment Adviser. The Westpac managed funds are issued by BT Funds Management (NZ) Limited. Investments made in the managed funds do not represent bank deposits or other liabilities of Westpac New Zealand Limited or any other member of the Westpac group of companies, are subject to investment and other risk, and are not guaranteed by any person.
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.
Copyright©2011 Westpac New Zealand Limited