Monitoring your investment

Growth Trust

Growth Trust Returns (PDF, 137 KB)

Growth Trust Product Profile (PDF, 147KB)

For all investment publications please see our publications area.

The Term Investment and Cash Account interest rates will not be changed in the near future in an effort to support vulnerable Queenslanders during this time of unprecedented global uncertainty, while economic activity and employment are under significant pressure from the COVID-19 global pandemic.

Interest Rates Payable

Interest is payable on amounts held in the Public Trustee’s common fund. Interest rates are prescribed by Regulation. The Public Trustee Regulation 2012 can be accessed via the Queensland Government Legislation website.

Current interest rates are detailed below. To the extent of any inconsistency, the Regulation applies. If you have any enquiries, please contact us.

Term Investment Accounts

The interest rate for Term Investment Accounts is 0.85% per annum. Interest is calculated daily and paid monthly for Term Investment Accounts.

Cash Accounts

The interest rates for Cash Accounts are below. Interest is calculated daily and paid annually for Cash Accounts.

Service Interest Rate per annum
Trusts (General Trusts, Minor Beneficiaries, Life Interest Estates and Trusts) 0.30%
Financial Management Clients 0.50%
Enduring Powers of Attorney 0.50%
At Call rate for Agency Deposits 0.50%
Deceased Estates 0.30%
Information is current @ 1 July 2020 

Funds held in the Cash and Term Investment Accounts are invested in the Public Trustee Common Fund. The interest rate is set monthly in advance. If you have any questions about rates, please contact us online, or call 1300 360 044.

 

Disclaimer

This profile is published by the Public Trustee based on information believed to be true and correct as at date of publication. It is intended as a general source of information only. Questions relating to the circumstances of any individual may need to be specifically addressed. Whilst all care has been taken in the preparation of this profile, the Public Trustee does not give any warranty as to the correctness of the profile and expressly disclaim all liability for any loss or damage that may arise from acting on such statement. The Public Trustee is audited by the Auditor-General of Queensland and its accounts tabled in the Queensland Parliament.

Last published: 30/06/2020 6:07:58 AM