Cash Deposit Fund
The Cash Deposit Fund is an ideal secure savings vehicle. The Fund provides regular income returns, capital stability and ready access to funds. The Fund invests in cash, bank bills, term deposits and floating rate notes.
Key features
- Invests in cash, bank bills, term deposits and floating rate notes
- Provides regular income returns, capital stability and ready access to funds
- Minimum deposit of $1,000 (minimum of $500 for subsequent deposits)
- Interest is calculated daily and paid monthly
- No entry or exit fees
- Funds available within 48 hours (after initial five business days)
- Option of a regular savings plan
- Telephone withdrawal facility
- Direct credit facilities
- Deposit book
- Monthly statement
Interest rate
- 3.75% (Week ending 20 May 2012)
Key benefits
- A direct credit facility and a regular savings plan to help you reach your savings goal faster
- As interest is calculated daily and paid monthly you can watch your investment grow
Find out more
- For more information contact your financial adviser or contact us today on 1800 641 393. Click here to download a Product Disclosure Statement for the Cash Deposit Fund.
