Term deposits and cash
With Netwealth's super and investment accounts, your clients can invest in a range of term deposit options from leading providers.
Term deposits
Available term deposit options
We have selected a great range of term deposit providers and options.
3 months
BOQ
ANZ
NAB
6 months
BOQ
ANZ
NAB
1 year
BOQ
ANZ
NAB
3 years
BOQ
ANZ
NAB
5 years
BOQ
ANZ
NAB
Current cash rate
Cash account information
Cash funds are pooled with cash from other investors and placed on deposit with Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (ANZ).
As all these funds are invested in the same cash pool, cash funds held within each service receive the same rate of interest based on the daily balance of the client’s Cash Account.
The current indicative* cash rates are:
| Current | |
|---|---|
| Netwealth Wrap Service1 | 1.00% |
| Netwealth Superannuation Master Fund2 | 1.00% |
The historical indicative* cash rates are:
| 20/07/17 | 14/07/17 | 03/03/17 | 03/08/16 | |
|---|---|---|---|---|
| Netwealth Wrap Service1 | 1.00% | 1.00% | 1.20% | 1.00% |
| Netwealth Superannuation Master Fund2 | 1.00% | 1.20% | 1.20% | 1.00% |
For older indicative cash rate changes please contact Netwealth.
* The funds in your cash account earn monthly interest at a rate set by us. The rate is set at no less than 0.50% p.a. less than the target cash rate set by the Reserve Bank of Australia during the month (which is often referred to as the ‘official cash rate’)
(1) Including Wealth Accelerator, Investment Wrap, Russell Investments Wealth Series, Russell Investments Portfolio Service
(2) Including Super Accelerator, Super Wrap, Russell Investments Super Series
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