ANZ Call Fund and ANZ Term Fund (PIE) - Investments & advice

ANZ Call Fund and ANZ Term Fund (PIE)

Invest and make saving easy

An ANZ Portfolio Investment Entity (PIE) Fund is an easy way to invest your money. If you're in the 33% or 38% tax bracket, you can potentially earn more from your investment because a PIE caps your effective tax rate at 30%. This is a result of tax legislation, that came into effect in October 2007, that allowed for the creation of a new investment vehicle called a Portfolio Investment Entity.

The ANZ Call Fund and ANZ Term Fund are PIE Funds available from ANZ.

Read more about our investment options

Fund information

Tax cap of 30%

The PIE tax rules mean the tax rate payable on a PIE Fund is capped at 30%.

So if you're on 33% or 38% income tax rate, you'll effectively pay just 30% tax on your PIE income.

Low risk

Funds are invested 100% in ANZ deposits making this an uncomplicated investment approach.

This means that the ANZ Call Fund and ANZ Term Fund are likely to have a lower risk profile than many managed funds investing in companies listed on the share market or in property investments.

Fees

No fees apply to the ANZ Call Fund.
An early repayment fee may apply to the ANZ Term Fund.

Income
distribution

Income is calculated daily and distributed quarterly in the form of additional units.

Tax

The PIE pays the tax quarterly, on your behalf at the Prescribed Investor Rate (PIR) provided by you.

Dedicated
support team

Any questions about an existing ANZ Call Fund or ANZ Term Fund can be answered quickly - call 0800 269 468.

How to apply

For more information or to apply for an ANZ Call Fund or ANZ Term Fund:

Call 0800 ANZ 2 YOU (0800 269 296)

Visit your nearest ANZ branch

Download an investment statement (PDF 564kB) to find out further information.

The ANZ Term Fund and ANZ Call Fund are unit trusts issued and managed by UDC Finance Limited ("UDC"). Trustees Executors Limited is the trustee. ANZ National Bank Limited is a promoter of the Funds. UDC is a wholly owned subsidiary of ANZ National Bank Limited. The terms and conditions of the Funds set out in the Investment Statement apply. A copy of the Investment Statement (PDF 564kB) and a copy of the Disclosure Statement prepared under the Securities Markets Act 1988, are available on request from any branch of ANZ, free of charge.

Units in the Funds do not represent deposits or other liabilities of ANZ National Bank Limited, are subject to investment risk, including possible delays in repayment and loss of income and principal invested. No person guarantees (either partially or fully) UDC or the capital value or performance of the Funds.

ANZ National Bank Limited.

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