An investment with Angas Securities is for a fixed term with a fixed rate of interest on a fixed principal amount.
Published interest rates may vary during the term of the Prospectus, but the interest rate applicable to individual investments is fixed when investment is made.
There are no entry fees and no exit fees associated with this investment.
INTEREST RATES:
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Term
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1 Year
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3 Years
|
|
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Rates
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8.0% pa
|
9.0% pa
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|
RE-INVESTMENT OF INTEREST:
Rather than receive interest monthly, investors may elect to reinvest the interest with Angas Securities each month. Re-invested interest will be held in a separate account and will accrue interest on the balance of the account.
The rate of interest payable on sums transferred to the interest re-investment account may vary from time to time as published by the Company. It is currently 3.50% pa.
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Example of interest earned, based on a $10,000.00 investment
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|
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Interest Paid Monthly
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Reinvestment of Monthly Interest
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|
Term
|
Interest Rate
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Interest Earned
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Interest Rate Yield
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Total Interest Earned
|
|
1 year
|
8.0%
|
$800.00
|
8.13%
|
$813.00^
|
|
3 years
|
9.0%
|
$2,700.00
|
9.47%
|
$2,842.50^
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^ Minimum yield quoted. There will be a slight increase for investments made before the last day of the month. |
REGULATORY ADVICE:
The investment offer is contained in the current prospectus. Fixed interest debentures are not bank deposits.
An independent assessment has been made of the risk that investors may lose some or all of their investment.
Atchison Consultants has assigned a credit rating of ‘Recommended’ to Angas Securities –
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Use of the information and data contained on this website is at your sole risk. If you rely on the information on this site you are responsible for ensuring by independent verification its accuracy or completeness. Angas Securities is not licensed to give financial product advice. You should seek professional advice from an accountant, lawyer or licensed financial product adviser.
