MONEY
C O N T E N T PA R T NE R S H I P
PROVIDING SECURITY IN INSECURE TIMES Safe and secure retirement investments are key to ensuring the best possible provision for one’s silver years.
W
hen considering an
The following products are
approved application. Product rules,
rules, terms and conditions apply.
investment partner,
available from respectively
terms and conditions apply. Interest
Dividends can be paid monthly,
one wants to invest
Finbond Group and Finbond
can be paid monthly, quarterly, half-
quarterly, half-yearly or yearly.
in the safest possible platform,
Mutual Bank.
yearly or yearly.
which Finbond actively seeks
Finbond Group Limited offers
to offer to its clientele. Their
a guaranteed 11% interest
Integrated Annual Report for
on investments made for
Indefinite Period Paid Up
term investment for investors
the year ended 28 February
five years, for amounts of
Shares: The ideal type of
and pensioners looking
2019 shows that Finbond’s
R1m or more. Interest can
investment for investors and
for a vastly superior rate of
revenue from continuing
be paid monthly, quarterly,
pensioners looking for a high
return. Fixed Period Paid Up
operations increased by
half-yearly or annually, and
return without committing
Shares is an excellent way
8.2%, with Cash Received as
no initiation fees or monthly
themselves to a fixed rate
to guarantee and protect
a percentage of Cash Granted
administration fees apply.
during a rising interest
investment income during
at Group level for the period
Additionally, the following
rate cycle. An indefinite
declines in the interest rate
of March 2018 to February
products are also available:
period type of investment at
cycle. Dividends can be paid
2019 increased to 138%. These
• Permanent Interest-
nominal higher than fixed
monthly, quarterly, half-
• Fixed Period Paid Up • 18 months – Notice – 9.25%
Shares: The ideal longer
results confirm the substantial
bearing Shares: Ideal for
deposit rates. Minimum
yearly or annually.
progress made by Finbond and
investors, pensioners and
investment period is 18
* Minimum subscription R100 000
reflect management’s ability
savers requiring a high,
months with six months’
(one hundred thousand rand). Subject
to execute and deliver good
guaranteed rate of return.
notice of redemption
to an approved application. Product
required after 12 months.
rules, terms and conditions apply.
results in adverse and changing market conditions. Finbond was also awarded
As with the R1m investment, and Finbond’s
After the 18-month period,
Dividends can be paid monthly,
other investment products,
three months’ notice of
a 4-star quality award as
interest can be paid monthly,
redemption is required.
a high-quality bank in the
quarterly, half-yearly or
Lafferty Banking 500 global
annually. 30 days’ notice
according to the prevailing
monthly administration fees
benchmarking study, and
should be given if the client
interest rate patterns and
are payable on any of the above
maintains their long-term
does not want to transfer
in the event of a drop in
of Finbond’s Guaranteed Fixed
national scale credit rating
the shares after the initial
interest rates at any stage,
Term Interest Bearing Note.
of BBB(ZA) and short-term
72-month period. If no
clients may redeem their
national scale rating of A3(ZA);
notice is received, the shares
investment after receiving
for investment, or related
with the outlook accorded as
will be transferred and the
notice of the drop in rate
transactional products, by way
Stable. Even in adverse market
invested amount will be paid
during the same month.
of email at deposit@finbond.
conditions, Finbond’s deposit
into the client’s designated
Dividends can be paid
book ended the year at R996 771
bank account on maturity.
monthly, quarterly, half-
www.finbondmutualbank.
034, including capitalised
Not redeemable but transferable
yearly or annually.
co.za/#/home
interest. This indicates the great
after 72 months. *Minimum
*Minimum subscription R100 000
relationship between Finbond
subscription R100 000 (one hundred
(one hundred thousand rand). Subject
Source: http://www.finbondlimited.co.za/
and its depositors.
thousand rand). Subject to an
to an approved application. Product
page8.html •
24
SILVER DIGEST // WINTER 2020
The rate fluctuates
quarterly, half-yearly or yearly.
No initiation fees or
Finbond can be contacted
co.za, or phone (012) 460 7288
