Guardian Trust payout

Last updated 07:09 01/12/2009

Relevant offers

Money

A peek behind the doors of NZ's private banks Interest rates likely to remain static Getting a fairer insurance deal Money guru Jackie Gower says farewell to perfect Penny Financial product review: Reducing home loan Credit card billing weaker in December Kiwi dollar plunges against greenback Euthanasia prospect for pets as bills bite Radio rant host wins damages The risks of mixing love and business

Investors with savings frozen in Guardian Trust's $249 million mortgage fund will get another 10 per cent of their original investment in a further capital repayment.

Investors with savings frozen in Guardian Trust's $249 million mortgage fund will get another 10 per cent of their original investment in a further capital repayment.

Managing director Greg Campbell said sufficient cash existed in the fund to make a fourth repayment to unitholders on December 7.

The repayment takes the amount returned to investors to 45c for every dollar invested in the fund.

Ad Feedback

- The Press

Special offers

Featured Promotions

Sponsored Content