Fund Performance...
Fund Performance
How performance is calculated
Australian Dollar Unit Trusts
Distribution History

How performance is calculated

Managed investments deliver two types of return: unit price growth and income.

Unit price growth is the increase, over time, in the price of your units. When the investments in a fund generate income, this can be paid out via a distribution.

How well a fund has performed over a particular period of time is generally reported as a percentage return, the calculation of which is based on the movements in the unit price and any distributions received.

Why doesn't the published performance always match my own investment's return?

Performance returns of the investment options are regularly reported on our own website. Such published performance figures will often not exactly match your own investment's return.

Some reasons for this include:

  • Performance is generally calculated by comparing the withdrawal value of an investment at the beginning and end of a standard period such as a quarter. As unit prices change daily, the performance of your investment will be affected by the exact dates on which you invest and withdraw.
  • Contribution fees are not applied when calculating performance, as these fees can differ from investor to investor and fund to fund.
  • Where funds distribute income it is assumed to be reinvested. If you are not reinvesting your distributions you will have a different result.
  • Quarterly returns quoted by BT are based on the unit prices at the first day of each quarter. For example the June quarter returns use prices at 1 April and 1 July. Returns published by external parties may be based on the unit prices at the last day of each quarter for example 31 March and 30 June. For this reason the returns quoted may differ. This concept also applies to returns over other periods - monthly, yearly etc.

For more information on investment performance, please select the following products:

 

 

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The information shown on this site 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. Any taxation position described is a general statement and should only be used as a guide. It does not constitute tax advice and is based on current tax laws and our interpretation. Your individual situation may differ and you should seek independent professional tax advice. You should also consider obtaining personalised advice from a professional financial adviser before making any financial decisions in relation to the matters discussed hereto.

BT Funds Management Limited, BT Funds Management No. 2 Limited and Westpac Financial Services Limited are members of the Westpac Group. An investment in the BT Investment Funds, BT Premium Cash Fund and BT Classic Investment Funds is not an investment in, a deposit with or any other liability of Westpac Banking Corporation ABN 33 007 457 141 (the Bank) or any other company in the Westpac Group. It is subject to investment risk, including possible delays in repayment and loss of income and principal invested. None of the Bank, any other company in the Westpac Group or any appointed investment manager stands behind or otherwise guarantees the capital value or investment performance of any investment option.

BT Financial Group - A Division of Westpac Banking Corporation.