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 33% or 38% 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 |
33% taxpayer |
39% taxpayer |
Interest Compounds |
| |
|
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  |
  |
  |
|
| CASH FUNDS |
Fund name |
|
| ANZ |
Call Fund |
$2000 |
2.50 |
2.63 |
2.84 |
Quarterly |
| ASB Bank |
Cash Fund |
$500 |
3.15 |
3.33 |
3.66 |
Monthly |
| BNZ |
Cash PIE |
$1000 |
3.90 |
3.71 |
4.01 |
Monthly |
| Direct Broking Call Account |
Call Account |
$1 |
2.85 |
2.98 |
3.27 |
Monthly |
| First Mortgage Trust |
PIE Trust |
$500 |
5.01 |
5.23 |
5.66 |
Quarterly |
| Forsyth Barr |
Cash Management Trust |
$3000 |
2.00 |
2.09 |
2.30 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$20000 |
2.25 |
2.35 |
2.58 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$50000 |
2.75 |
2.87 |
3.16 |
Annually |
| Forsyth Barr |
Cash Management Trust |
$250000 |
3.00 |
3.13 |
3.44 |
Annually |
| HSBC Premier |
Cash Fund |
$10000 |
3.50 |
3.71 |
4.01 |
Daily |
| Kiwibank |
PIE Online Call Fund - Base |
$2000 |
2.65 |
2.79 |
3.07 |
Monthly |
| Kiwibank |
PIE Online Call Fund - no withdrawals |
$2000 |
3.25 |
3.43 |
3.77 |
Monthly |
 |
Call PIE |
$1000 |
5.50 |
5.75 |
6.21 |
Daily |
| National Bank |
Call Fund |
$1 |
2.50 |
2.61 |
2.87 |
Quarterly |
 |
Cash Advantage Fund |
$250 |
3.40 |
3.60 |
3.89 |
Daily |
| SBS Bank |
Lifestages |
$5000 |
3.20 |
3.39 |
3.66 |
Quarterly |
| Spicers |
Premium Plus |
$5000 |
2.66 |
2.81 |
3.04 |
Monthly |
| TSB Bank |
Cash Fund |
- |
4.81 |
5.10 |
5.52 |
Quarterly |
 |
Call Maximiser |
$5000 |
3.25 |
3.39 |
3.66 |
Quarterly |
| Westpac |
Cash Plus Trust |
$5000 |
3.00 |
3.17 |
3.43 |
Monthly |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
33% taxpayer |
39% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 90 days |
Fund name |
|
| ANZ |
Term Fund |
$5000 |
4.00 |
4.25 |
4.67 |
|
| ASB Bank |
Term Fund |
$10000 |
3.75 |
3.91 |
4.23 |
At Maturity |
| Kiwibank |
Term Deposit Fund |
$10000 |
3.75 |
3.92 |
4.23 |
At Maturity |
| National Bank |
Term Fund |
$5000 |
4.00 |
4.17 |
4.51 |
Quarterly |
| Westpac |
Term Fund |
$10000 |
3.50 |
3.64 |
3.94 |
Quarterly |
| TERM FUNDS - 120 days |
Fund name |
|
| Kiwibank |
Term Deposit Fund |
$10000 |
3.75 |
3.92 |
4.23 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
3.20 |
3.38 |
3.64 |
At Maturity |
| TERM FUNDS - 150 days |
Fund name |
|
| Kiwibank |
Term Deposit Fund |
$10000 |
3.75 |
3.92 |
4.23 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
3.25 |
3.43 |
3.77 |
At Maturity |
| TERM FUNDS - 6 months |
Fund name |
|
| ANZ |
Term Fund |
$5000 |
4.40 |
4.67 |
5.04 |
Quarterly |
| ASB Bank |
Term Fund |
$10000 |
4.00 |
4.17 |
4.51 |
At Maturity |
| HSBC Premier |
Term Fund |
$10000 |
4.35 |
4.54 |
4.99 |
At Maturity |
| Kiwibank |
Term Deposit Fund |
$10000 |
5.00 |
5.22 |
5.65 |
At Maturity |
| National Bank |
Term Fund |
$5000 |
4.90 |
5.21 |
5.63 |
Quarterly |
| PSIS |
PIE Term Fund |
$5000 |
4.65 |
4.86 |
5.25 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
4.90 |
5.10 |
5.52 |
At Maturity |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
33% taxpayer |
39% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 9 months |
Fund name |
|
| HSBC Premier |
Term Fund |
$10000 |
4.15 |
4.33 |
4.68 |
At Maturity |
| PSIS |
PIE Term Fund |
$5000 |
5.00 |
5.22 |
5.64 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
3.50 |
3.64 |
3.94 |
At Maturity |
| TERM FUNDS - 12 months |
Fund name |
|
| ANZ |
Term Fund |
$5000 |
0.00 |
0.00 |
0.00 |
Quarterly |
| ASB Bank |
Term Fund |
$10000 |
5.00 |
5.22 |
5.64 |
At Maturity |
| Kiwibank |
Term Deposit Fund |
$10000 |
5.15 |
5.38 |
5.81 |
At Maturity |
 |
Term Deposit PIE |
$1000 |
6.75 |
7.05 |
7.62 |
Quarterly |
| National Bank |
Term Fund |
$5000 |
5.00 |
5.22 |
5.64 |
Annually |
| PSIS |
PIE Term Fund |
$5000 |
5.35 |
5.59 |
6.04 |
At Maturity |
 |
Term Maximiser |
$5000 |
5.20 |
5.53 |
5.98 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
5.20 |
5.53 |
5.98 |
Quarterly |
| |
|
|
|
Equiv. gross return |
|
| Institution |
|
Min |
Advertised Rate |
33% taxpayer |
39% taxpayer |
Interest Compounds |
| |
|
|
  |
  |
  |
|
| TERM FUNDS - 18 months |
Fund name |
|
| ASB Bank |
Term Fund |
$10000 |
5.40 |
5.64 |
6.09 |
At Maturity |
| PSIS |
PIE Term Fund |
$5000 |
5.35 |
5.59 |
6.04 |
At Maturity |
 |
Term Maximiser |
$5000 |
5.30 |
5.64 |
6.09 |
At Maturity |
| Westpac |
Term Fund |
$10000 |
5.40 |
5.75 |
6.22 |
Quarterly |
| TERM FUNDS - 24 months |
Fund name |
|
| ASB Bank |
Term Fund |
$10000 |
5.20 |
5.43 |
5.87 |
At Maturity |
| PSIS |
PIE Term Fund |
$5000 |
5.70 |
5.94 |
6.42 |
At Maturity |
| TERM FUNDS - 5 years |
Fund name |
|
| ASB Bank |
Term Fund |
$10000 |
6.50 |
6.78 |
7.32 |
At Maturity |
View term investment rates here
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