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Farm Management Deposit

The Mutual offers a range of Farm Management Deposit terms and interest rate options.

 

Farm Management Deposit Interest Rates*

Interest Rate (p.a.)
Investment Term Interest Payment Frequency Min $1,000
3 months at maturity 1.50% pa
6 months at maturity 1.60% pa
12 months at maturity 1.80% pa
24 months annually 1.80% pa

This is Part 3 of the Product Disclosure Statement (PDS). It must be read in conjunction wtih:

Part 1 - Key Features and Terms and Conditions and Part 2 - Schedule of Fees , Charges and Transaction Limits.

You should consider the PDS in its entirety in deciding whether to acquire or continue to hold any of he products the subject of the PDS.

* Interest on Farm Management Deposits is calculated by applying the daily percentage rate1 to the account balance and paid at intervals as specified in the tables above. A reduced interest rate applies if Farm Management Deposits are redeemed before Maturity Date. The reduced interest rate is 0.50% per annum calculated from the date the account was opened to the date of early redemption.

Farm Management Deposit interest rates that are effective 5 November 2019.

Questions?

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1 The daily percentage rate is the applicable annual percentage rate divided by 365.