Thoroughbred Education Fund
Build up a lump sum, over time, for a child's education.
OverviewDetailsRates & FeesApply
The Thoroughbred Education Fund is designed to help you provide for the
costs of the future education of your child. It is a unit trust that helps
you to build a lump sum over a period of time by pooling your money with a
number of investors.
The recommended investment timeframe is five years or
more, as over time, the Fund aims to achieve a return on investment that is
higher than the return usually received from a savings account or term
deposit.
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You can start from as little as $12.50 per week
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Your money is pooled with other investors to provide you access to
investment opportunities not available to most individual investors
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A diversified investment, investing in a balanced mix of shares,
property, cash and fixed interest
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Access to your investment, should you need it, in unexpected
circumstances
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A professional fund manager to manage your investment
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No entry or exit fees (an annual administration fee applies).
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It's a Portfolio Investment Entity, so tax is paid at your elected
prescribed investor rate to a maximum of 30%.*
This information is intended to get you thinking about your investment goals.
It is not intended as investment advice tailored to your personal financial circumstances.
Before making investment decisions, you should consider your individual circumstances and seek
assistance from other resources, for example financial planning services.
A copy of our Thoroughbred Education Fund Investment Statement
is available as a PDF, or you can request one to be sent to you by calling us on 0800 18 18 18.
You'll need Adobe Acrobat Reader to read the PDF version.
If you don't have it, don't worry - it's free. Just follow this link
to the Adobe site to download a copy.
Get more information
about the Thoroughbred Education Fund - including detail on past performance
returns, asset allocation, minimum deposits and fees.
To help you work out how much your investment could be, or how much you
need to save to reach the lump sum required for your child's education,
use the
Education Fund
calculators.
There are no entry or exit fees for the Thoroughbred Education Fund. An annual
administration fee of 1.55% p.a. applies.
For an application form, or more information,
e-mail us or call 0800 656 888 (from overseas 64 4 381 2784), or visit
any branch of The National Bank. A copy of the
Thoroughbred Education
Fund Investment Statement
is available as a PDF or call 0800 656 888.
You'll need Adobe Acrobat Reader to read the PDF version.
If you don't have it, don't worry - it's free. Just follow this link
to the Adobe site to download a copy.
Saving and Investment Options
My saving and investment options
Answer the following questions to see our savings or investment options that may help you reach your goals.
Based on the information you enter, the savings and investment selector will suggest
possible savings or investment options available to you through The
National Bank. You can consider these options and decide which, if any,
suit your circumstances.
Answer the questions below
- How much do you have to deposit or invest initially?
- How much can you save or invest on a regular basis?
- How often will you need to access your money?
why do we ask this question?
- What's your personal annual income before tax?
Start with the questions above.
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However you can adjust your answers at any time.
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See your saving and investing options with The National Bank
Start with any of the questions on the left.
Based on your 1 answer, you could consider 1 or more of the following
Based on your 2 answers, you could consider 1 or more of the following
Based on your 3 answers, you could consider 1 or more of the following
Based on your 4 answers, you could consider 1 or more of the following
Start by answering the questions on the left.
Each answer will generate savings or investment options for you to consider.
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See below for more information on some of our other savings accounts and investments
The first three saving and investment options provided above are based solely on
your answers to the questions on the left and should not be relied upon as giving
investment advice tailored to your financial circumstances. If you require investment
advice we recommend that you come into any National Bank Branch to discuss your
circumstances with a Banking Consultant.
So what next?
Follow the links to learn more about the savings or investment options that have
been suggested above.
When considering these options, please see the Investment Statements for
The National Bank Call Fund,
National Bank Term Fund and
Term Deposits.
If you decide that an option is suitable for you, you can follow the links to apply
for the savings account or investment. If you'd like to talk to anyone about how
the above options can help you achieve your goals,
email us, call us on 0800 18 18 18 or ask a staff member at any
branch.
Interest rates, rates of return and fees are subject to change. Full details of
all products (including applicable fees, terms and conditions) can be obtained from
any National Bank branch. Read our
and our
prepared under the Securities Markets Act 1988.
All suggestions are based on the correct information being provided by you. This
tool is not intended to provide tax advice and you should seek independent tax advice
in relation to your own situation. For information on the applicable taxes on interest
or PIE income refer to the Inland
Revenue (IRD) website.
* ANZ Investment Services (New Zealand) Limited is the issuer/manager of The National
Bank Call Fund and The National Bank Term Fund (Funds) and The New Zealand Guardian
Trust Company Limited is the trustee. The National Bank of New Zealand, part of
ANZ National Bank Limited is the distributor of units in the Funds. Units in a Fund
do not represent deposits or other liabilities of ANZ National Bank Limited. An
investment in a Fund is subject to investment risk, including possible delays in
repayment and loss of income and principal invested. No member of the ANZ National
Bank Limited Group, The New Zealand Guardian Trust Company Limited or any other
person guarantees (either partially or fully) ANZ Investment Services (New Zealand)
Limited or the capital value or performance of any products issued by those companies.