What are my investment return options?

  1. Fixed return of 8% per annum paid monthly, or
  2. Variable return of Bank Bill Swap Rate (BBSW) plus a margin of 5% per annum paid monthly.

What are my interest payment options?

  1. Interest paid monthly, or
  2. Interest compounded.

What is BBSW?

The Bank Bill Swap Rate (BBSW) is a short-term money market benchmark interest rate administered by the ASX.

When is BBSW for each month set to determine the variable rate of return?

The rate will be set on the first business day of every month and apply to the full calendar month.

Capspace will use the 30 day ‘Mid’ rate as its pricing benchmark for investors that choose this option. This rate is published daily by the ASX.

What is the current fixed rate of return?

8.00% per annum paid monthly.

What is compound interest?

Rather than pay interest to your bank account each month, the interest payable is simply added to your initial investment.

Capspace does this monthly and then issues you a new unit certificate with the increased investment amount at the end of each financial year.

Can I change my investment return choice?

Yes, you can change your choice anytime, just contact us to let us know your preference(s). 

Can I change my interest payment option?

You change your interest payment at anytime without cost.

What is the withdrawal fee?

There are no withdrawal fees.

 

If you have additional questions, please contact the Capspace team.