- Minimum deposit only $250
- Interest compounds daily*
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.
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 Rabobank.
Compare us with your bank
| Institution | Product Name | Minimum
Deposit | Rate |
|---|
| RaboDirect | Cash Advantage Fund | $250 | 3.40% |
| ANZ | Flexi Cash | $5,000 | 3.00% |
| ASB | ASB Cash Fund | $500 | 3.15% |
| BNZ | Cash PIE | $1,000 | 3.66% |
| Kiwibank | Online Call Fund | $2,000 | 2.40% 3.15%* |
| NBNZ | Call Fund | $1 | 3.00% |
| Westpac | Cash Plus Trust | $5,000 | 3.00% |
Compare us over time
as at 23 January 2011
Rabodirect rates are the current rates.
* Interest on the Fund's deposit compounds daily on Tuesday, Wednesday, Thursday and Friday. On Monday, three days' interest compounds (for Saturday, Sunday and Monday).
** Bonus interest rate applicable if no withdrawals are made in the month