What happens if a new Company enters the S&P ASX Top 20?
The key benefit of the Westpac BlueChip20 strategy is the ability to constantly accumulate a direct share ownership in Australia’s top 20 companies. When the market capitalisation of a company increases and becomes one of the top 20 stocks, it will be automatically purchased for you. The shares in the company it has replaced will be sold, with proceeds reinvested into the new company.