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Westpac Home Loan Trust

22993
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0.00
-
-
  • Previous Close

    0.00

  • Net Assets

    55.04m

  • Yield

    2.19%

  • Front load

    None

  • Expenses

    -

  • Category

    Mortgages

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

BT Funds Management (NZ)

Fund Style

Open

Fund Manager

Investment Style

-

Invests primarily in quality home loans. The loans selected for the Trust are all secured by registered first mortgages held by Westpac Trust over residential properties in New Zealand. The home loans are held under an equitable assignment from Westpac Trust. Currently only loans for not more than 80% of the home's value are taken into the Trust. However, the Manager may purchase home loans up to 90% where home loan insurance is attached.

Purchase Information

Initial Purchase 5,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

17/04/2000

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