Investment Accounts - Investec Money Fund Tracker Investment Account

Investec Money Fund Tracker Investment Account

 
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Investec Money Fund Tracker Investment Account

The Investec Money Fund Tracker Investment Account is intended to be a savings account and is…

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Investec Money Fund Tracker Investment Account

The Investec Money Fund Tracker Investment Account is intended to be a savings account and is a money market linked account with instant access to your funds. It tracks the qualifying South African money market funds and secures the average rate of these funds. The rate is applied to your savings and you have immediate access to your money at any time you please without incurring any fees.

Investec Money Fund Tracker Investment Account Features:

  • Benefit from a daily rate averaged from the qualifying basket of money market funds.
  • You will have immediate access to your funds.
  • No monthly fee charges.
  • Dedicated Client Support Centre.
  • A minimum deposit of R100 000 required.
  • You can make additional deposits up to R25 million.
  • Daily rate linked to the average of the qualifying South African money market funds.
  • The interest rate applicable to the Investec Money Fund Tracker investment account is money market linked and is calculated on the average of a basket of qualifying money market funds.
  • Interest is calculated on monies standing to the credit of the investment account.
  • Interest accrues daily and may, at the client’s election, be compounded monthly or transferred to a designated bank account.
  • If interest is transferred to a designated bank account, it is done so on the first business day of the new month.

 

Investec contact details:

Address: 100 Grayston Dr,
Sandton, Johannesburg 2196

Tel: 011 286 7000
Email: [email protected]
Website: www.investec.co.za

Account Details

Highest Interest Rate 6.46%
Min Investment Amount 100000.00
Investment Period Any Period

Interest Rates

R1,000 - R10,000 NA
R10,000 - R25,000 NA
R25,000 - R50,000 NA
R50,000 - R75,000 NA
Interest R75,000 - R100,000 NA
Interest R100,000 - R500,000 6.46%
R500,000 - R1,000,000 6.46%
R1,000,000 - R5,000,000 6.46%
R5,000,000 + 6.46%


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