RATES
Investment
The distribution rate is determined by the performance of the Fund.
As a result of continued strong performance the distribution rates for the last four quarters were:
- August 2007 7.17%
- November 2007 7.42%
- February 2008 7.67%
- May 2008 8.09%
Based on current performance, the anticipated distribution rate this quarter is 8.50%.
For those who reinvested their quarterly distributions for the 12 months ending 31 May 2008, the effective distribution rate was an excellent 7.61%.
If you would like to work out your savings goal? try our calculator
Loans The borrowing Rate is subject to Board determination.
Some of the features of our loans include:
- Competitive rates
- No penalties for early repayment of part or all of a loan
- No application fee
- No monthly loan service fees
- Interest only
There are no fees payable to Mayne Investments for your loan, although borrowers are required to meet the cost of putting security in place. |