Investments

Public Trustee has over 65 years of investment experience and more than $770 million in gross assets under administration. Our long-term view and prudent approach to money management has resulted in a strong, sustained investment performance record.

In the twelve months to 30 June 2008, the Public Trustee Common Account, which operates like a cash management account, achieved a net return of 7.26% on the investment of the funds comprising the Common Account. Average funds under management for the year to 30 June totalled $352.7 million.

The Public Trustee also managed the individual investment portfolios of larger value trusts (valued at more than $144 million) by supervising individual portfolios for clients with investment needs that cannot be met through the Common Account.

Common account interest rates effective from 1 December 2008:

	Balances up to $41,000		Balances $41,001 and up to $500,000		Balances $500,001 and over
	Old	New	Old	New	Old	New
Deceased Estates	3.00%	3.00%	3.25%	3.00%	3.50%	3.00%
All Other	6.85%	3.50%	7.35%	5.00%	7.85%	5.50%

The rate for DEBIT INTEREST is 5.50%

Last Updated: 11-Mar-2009

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