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Home > Cash Advantage Fund
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.
Compare us over time as at 8th February 2010 RaboPlus rates are the current rates. *Bonus interest rate applicable if no withdrawals are made in the month
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Want to talk? Call 0800 22 44 33 Monday - Friday 8am - 7pm
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.
Mike, the other advantage over a traditional on call savings account that many forget, is that the interest is compounding DAILY rather than monthly - so even if you are on a 19.5% tax rate there are still significant savings with your significant other!
Reviewer:Jaron
Excellent for trusts taxed at the draconian rate of 33% as well
Reviewer:nick
Thanks Mike. I've now read your references. A simple yes/no question: is my money as secure in the Rabobank Cash Advantage Fund as in your standard online call accounts?
Mike Heath: Neil, Yes is the answer.
Reviewer:Neil
Contact us0800 22 44 33
RaboPlus is a division of Rabobank New Zealand Ltd
