Cash PIE and Term PIE rates
New tax rules of Portfolio Investment Entities (PIEs) provide benefits for people who pay tax at more than 30%.
If you're in the 30% or 33% tax bracket, you can potentially earn more from your investment because under the rules the fund pays tax at 30%, so investors who put money into these funds are only taxed at that rate.
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|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
30% taxpayer |
33% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| CASH FUNDS |
Fund name |
|
| ANZ |
Call Fund |
$2000 |
3.00 |
3.09 |
3.22 |
Quarterly |
 |
Cash Fund |
$500 |
3.15 |
3.29 |
3.44 |
Monthly |
| BNZ |
Cash PIE |
$1000 |
3.66 |
3.82 |
3.92 |
Monthly |
| Direct Broking Call Account |
Call Account |
$1 |
2.80 |
2.92 |
3.05 |
Monthly |
| First Mortgage Trust |
PIE Trust |
$500 |
5.01 |
5.23 |
5.66 |
Quarterly |
| Forsyth Barr |
Cash Management Trust |
$3000 |
2.50 |
2.61 |
2.82 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$20000 |
2.75 |
2.87 |
3.10 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$50000 |
3.25 |
3.40 |
3.67 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$250000 |
3.50 |
3.66 |
3.95 |
Annually |
| HSBC Premier |
Cash Fund |
$10000 |
2.20 |
2.26 |
2.36 |
Daily |
| Kiwibank |
PIE Online Call Fund - Base |
$2000 |
2.40 |
2.50 |
2.61 |
Monthly |
| Kiwibank |
PIE Online Call Fund - no withdrawals |
$2000 |
3.15 |
3.29 |
3.44 |
Monthly |
 |
Call PIE |
$1000 |
4.50 |
4.73 |
4.95 |
Daily |
| National Bank |
Call Fund |
$1 |
3.00 |
3.13 |
3.27 |
Quarterly |
| Nelson Building Society |
Lifestages PIE |
$10000 |
3.75 |
3.90 |
4.08 |
Annually |
 |
Cash Advantage Fund |
$250 |
3.40 |
3.54 |
3.70 |
Daily |
| SBS Bank |
Lifestages |
$5000 |
3.20 |
3.90 |
4.08 |
Quarterly |
| Spicers |
Premium Plus |
$5000 |
2.75 |
2.85 |
2.98 |
Monthly |
 |
Cash Fund |
- |
3.75 |
3.90 |
4.07 |
Quarterly |
 |
Call Maximiser |
$5000 |
3.00 |
3.12 |
3.26 |
Quarterly |
 |
Cash Plus Trust |
$5000 |
3.00 |
3.13 |
3.27 |
Monthly |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
30% taxpayer |
33% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 90 days |
Fund name |
|
| ANZ |
Term Fund |
$5000 |
4.00 |
4.17 |
4.36 |
Quarterly |
 |
Term Fund |
$10000 |
3.50 |
3.66 |
3.83 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
3.50 |
3.58 |
3.75 |
At Maturity |
| Kiwibank |
Term Deposit Fund |
$10000 |
3.30 |
3.60 |
3.55 |
At Maturity |
| National Bank |
Term Fund |
$5000 |
3.25 |
3.37 |
3.52 |
Quarterly |
 |
Term Fund |
$10000 |
3.25 |
3.34 |
3.49 |
Quarterly |
| TERM FUNDS - 120 days |
Fund name |
|
| BNZ |
Term PIE |
$5000 |
3.50 |
3.58 |
3.75 |
Monthly |
| Kiwibank |
Term Deposit Fund |
$10000 |
3.40 |
3.60 |
3.65 |
At Maturity |
| TERM FUNDS - 150 days |
Fund name |
|
| BNZ |
Term PIE |
$5000 |
3.60 |
0.00 |
0.00 |
Monthly |
| Kiwibank |
Term Deposit Fund |
$10000 |
4.40 |
3.91 |
4.73 |
At Maturity |
| TERM FUNDS - 6 months |
Fund name |
|
 |
Term Fund |
$10000 |
4.40 |
4.52 |
4.72 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
4.00 |
4.18 |
4.37 |
Quarterly |
| HSBC Premier |
Term Fund |
$10000 |
4.15 |
4.27 |
4.46 |
At Maturity |
| Kiwibank |
Term Deposit Fund |
$10000 |
3.90 |
4.11 |
4.19 |
At Maturity |
| National Bank |
Term Fund |
$5000 |
4.00 |
4.17 |
4.36 |
Quarterly |
 |
Term Advantage Fund |
$1000 |
4.30 |
4.42 |
4.62 |
|
| The Co-operative Bank |
PIE Term Fund |
$5000 |
4.25 |
4.37 |
4.57 |
At Maturity |
 |
Term Fund |
$10000 |
4.00 |
4.11 |
4.30 |
At Maturity |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
30% taxpayer |
33% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 9 months |
Fund name |
|
 |
Term Fund |
$10000 |
4.35 |
4.55 |
4.75 |
|
| BNZ |
Term PIE |
$5000 |
4.40 |
4.60 |
4.81 |
Quarterly |
| HSBC Premier |
Term Fund |
$10000 |
4.15 |
4.27 |
4.46 |
At Maturity |
 |
Term Fund |
$10000 |
4.00 |
4.11 |
4.30 |
At Maturity |
| TERM FUNDS - 12 months |
Fund name |
|
 |
Term Fund |
$10000 |
4.45 |
4.68 |
4.89 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
4.50 |
4.71 |
4.92 |
Quarterly |
| Kiwibank |
Term Deposit Fund |
$10000 |
4.50 |
4.63 |
4.84 |
At Maturity |
 |
Term Deposit PIE |
$1000 |
6.00 |
6.30 |
6.58 |
Quarterly |
| National Bank |
Term Fund |
$5000 |
4.10 |
4.27 |
4.47 |
Annually |
 |
Term Advantage Fund |
$1000 |
4.60 |
4.73 |
4.94 |
|
| The Co-operative Bank |
PIE Term Fund |
$5000 |
4.35 |
4.47 |
4.67 |
At Maturity |
 |
Term Fund |
$10000 |
4.25 |
4.44 |
4.64 |
Quarterly |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
30% taxpayer |
33% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 18 months |
Fund name |
|
 |
Term Fund |
$10000 |
4.50 |
4.73 |
4.95 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
4.50 |
4.71 |
4.92 |
Quarterly |
 |
Term Maximiser |
$5000 |
4.65 |
4.95 |
5.17 |
At Maturity |
| TERM FUNDS - 24 months |
Fund name |
|
 |
Term Fund |
$10000 |
4.75 |
5.00 |
5.23 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
4.80 |
5.03 |
5.25 |
Quarterly |
| The Co-operative Bank |
PIE Term Fund |
$5000 |
4.65 |
4.78 |
4.99 |
At Maturity |
 |
Term Fund |
$10000 |
4.80 |
5.03 |
5.25 |
Quarterly |
| TERM FUNDS - 5 years |
Fund name |
|
 |
Term Fund |
$10000 |
5.50 |
5.80 |
6.06 |
At Maturity |
| BNZ |
Term PIE |
$5000 |
6.00 |
6.33 |
6.61 |
Quarterly |
View term investment rates here
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