Term Deposit
A term deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you'll know exactly what your investment's worth. Choose the term to fit with your other investment plans and, as your returns are secure, your term deposit can be used as an income stream.
This is an extremely safe investment and is therefore very appealing to conservative low risk investors. With it's fixed interest rate of 11.43% yearly it still offers a decent yeild, bringing clients peace of mind as they do not have to worry how their investment is doing and still get a higher yield that most banks offer.
The minimal investment value of this product is 10.000,00€, contracts are generated for 1 year with automatic extending.
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In case WWF introduces a new charge/fees or interest rates, you will be notified
electronically (by email) and WWF will additionally publish the appropriate notice on WWF website http://www.worldwideforstock.co.nz at least eight (8) days before the changes take effect. |
Investopedia explains Term Deposit
"Term deposits are an extremely safe investment and are therefore very appealing to conservative, low-risk investors. By having the money tied up you'll generally get a higher rate with a term deposit compared with a demand deposit."
Details
11.43% |
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per year |
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Opening balance
You can open a Term Deposit account with as little as 10.000,00€.
Deposit Terms
Select the term that best suits your investment goals. Park your money for 1 year or more while you prepare to buy a house or invest in other investments, or just reap the rewards of a longer term.
Choose how you receive your interest
You can choose from a range of interest payment options. Have your interest paid yearly as an income stream,
or put the interest back into your investment to benefit from compounding interest.
