- Minimum deposit only $250
- Interest compounds daily*
- Funds deposited with AAA rated
Rabobank
The Cash Advantage Fund (CAF) is a Managed Fund where a number of investors pool money into one fund. The CAF is specifically designed to operate in a similar way to a traditional On-Call Savings Account. It has been structured as a Portfolio Investment Entity (PIE) which means you'll probably receive tax benefits.
AMP Capital Investors are responsible for the management and operation of the Fund. When you invest in the Cash Advantage Fund your money will be on deposit with AAA Rabobank.
Compare us with your bank
| Institution | Credit
Rating | Product Name | Minimum
Deposit | Rate |
|---|
| RaboPlus | AAA | Cash Advantage Fund | $250 | 3.50% |
| ANZ | AA | Flexi Cash | $5,000 | 3.40% |
| ASB | AA | ASB Cash Fund | $500 | 3.15% |
| BNZ | AA | Cash PIE | $1,000 | 3.90% |
| Kiwibank | AA- | Online Call Fund | $2,000 | 2.65% |
| 3.50%** |
| NBNZ | AA | Call Fund | $1 | 3.25% |
| Westpac | AA | Cash Plus Trust | $5,000 | 3.25% |
Compare us over time
as at 26th July 2010
RaboPlus rates are the current rates.
* Interest on the Fund's deposit compounds daily on Tuesday, Wednesday, Thursday and Friday. On Monday, three days' interest compounds (for Saturday, Sunday and Monday).
** Bonus interest rate applicable if no withdrawals are made in the month