PIE Term Fund
- A fixed rate of return
- Minimum deposit of $10,000
- Interest paid at maturity
- No management fees
- An early exit fee applies
Rates are subject to change without prior notice. Please confirm an interest rate with a SBS Bank staff member prior to taking up one of our investment products .
Information contained on this page is not intended as financial advice because it does not address individual circumstances. You may wish to seek financial advice before you make any decision. Trustees Executors Limited (“TEL”) is the Trustee of the Lifestages Portfolio. The manager and issuer of the Portfolio is Funds Administration New Zealand (”FANZ”), a subsidiary of Southland Building Society (“SBS Bank”). Southland Building Society (“SBS Bank”) is a Promoter of the Portfolio. Southland Building Society (“SBS Bank”) does not guarantee (either partially or fully) the capital value or performance of the securities. The principal and returns of the Lifestages Deposit Portfolio / KiwiSaver / Managed Funds are not guaranteed or secured in any way by SBS Bank (or any other member of the SBS Bank group), or any other person. Investments in the Portfolio do not represent deposits or other liabilities of SBS Bank and are subject to investment risk, including the possible delays in repayment and loss of income and principal invested.
Updated 18 July 2011 at 15:30