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BT Invest is not available to new investors from 11 February 2022. Existing customers in BT Invest are not impacted by the closure to new investors and will continue to have access to all features and functionality of the product.

Why choose BT Invest?

BankSA's wealth expert, BT, is now offering a new way to invest that's easy. If you are new to investing or want an expertly managed portfolio, you may like to consider one of five ready-made managed portfolio options. Each is professionally managed to save you time researching, purchasing and monitoring your investments.
Your investments are monitored and rebalanced for you by investment experts.
View your investment portfolio online and receive tax reporting to make tax time simple.
A ready-made portfolio gives you a diversified investment portfolio in one investment.
Open an account in minutes and start investing from as little as $1,000.

 

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.

Mercer Passive 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.

Mercer Passive Conservative Portfolio factsheet (PDF)

Mercer Passive Moderate Portfolio

This portfolio may suit you if you prefer a combination of predominantly income and stable growth returns.

Mercer Passive Moderate Portfolio factsheet (PDF)

Mercer Passive Balanced Portfolio

This portfolio may suit you if you prefer predominantly moderate growth and some income returns.

Mercer Passive Balanced Portfolio factsheet (PDF)

Mercer Passive Growth Portfolio

This portfolio may suit you if you prefer predominantly moderate to high growth and some income returns.

Mercer Passive Growth Portfolio factsheet (PDF)

Mercer Passive High Growth Portfolio

This portfolio may suit you if you prefer predominantly high growth returns.

Mercer Passive High Growth Portfolio factsheet (PDF)

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.

Find out more

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?

  1. Open a BT Invest account in about 10 minutes.
  2. Make an initial deposit and choose between Ready-made or Build your own portfolios.
  3. 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.

 

BankSA has partnered with BT

To help you do more with your investments, we’ve partnered with BT – BankSA's wealth expert and one of Australia’s leading investment specialists. BT has been helping Australians manage, grow and protect their money since 1969.

Important information

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

Mercer Passive Conservative Portfolio

Mercer Passive Moderate Portfolio

Mercer Passive Balanced Portfolio

Mercer Passive Growth Portfolio

Mercer Passive High Growth 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

BT Portfolio Services Ltd ABN 73 095 055 208 AFSL 233715 (BTPS) is the operator of 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, the BT Invest products).

This information does not take account of your individual objectives, financial situation and needs. 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 visiting www.bt.com.au. You should obtain and consider the relevant PDS before deciding whether to acquire, continue to hold or dispose of 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 through the BT Invest products, the BT Invest products are not a deposit with, investment in, 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 the BT Invest products.

For the Target Market Determination for these products please refer to www.bt.com.au/tmd.