Guardian Trust payout

Last updated 07:09 01/12/2009

Relevant offers

Money

Fraudster's beach house sells Banks pass on cash rate increase Getting a fair deal for consumers Face Value: How the banker manages his money Kiwi dollar gets super-sized Taking a three pot approach to retirement Mortgage choice creates dilemma How not to overspend on health insurance Battling daylight robbery at the movies New freedom for credit unions

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