Page 23 Advertisements Column 2

Press, 3 May 1984, Page 23

MARAC TAX EXEMPT LIFE BONDS TOP TAXPAYERS EARN THE EQUIVALENT OF '7SBSB ''ESSS / J=SLpA. INVEST FOR ONE YEAR ONLY If you’re paying income tax* in the higher bracket, here’s a gilt edged investment plan which offers a Taxable income p.a. 538,000+ 538,’000 530,’000 yield equivalent to 19.1 % jp. a. Because tax is paid True Yield: by Marac and not the investor. What at first glance looks like a modest investment Marac Life Bonds 6.5% p.a. 6.5% p.a. 6.5% p.a. return of 6.5% p.a. becomes very attractive when " compared with the equivalent taxable yield. T. mTO"™"' 4.76% - 6.14% 7.68% WHAT THE INTEREST IS WORTH t/v VHIT Taxed investment JL VF IVU @11.0% p.a. 3.74% 4.83% 6.04% The more tax you pay, the greater the value or Marac Life Bonds. See how 6.5% p.a. becomes Taxed investment increasingly valuable when compared with tax- @ 10% p.a. 3.40% 4.39% 5.49% able investments: —— moo(> _ $24 000 _| If you wish to discuss these figures with your Taxable income p.a. 538,000+ 538,000 530,000 accountant, sharebroker or solicitor, you 11 find he ; or she is fully briefed on Marac Tax-Exempt Life Tax rate 66% 56.1% 45.1% Bonds. If not, please request they phone Marac’s tot ~ Life Bond Division Ph (09) 770-640. Value of tax-exempt 6.5% p.a. investment 19.1% 14.8% 11.8% $5OOO MINIMUM The minimum investment is $5OOO and you are free LIFE COVER to i nvest U P to 5250,000 in any one year. If you die within the 12 months tenure of the Life M + c Life Bonds represent a secure investment, Bond, your capital plus the full year’s earnings is an ex «* nt yield and built-m - r insurance protection. xt i- X P '• , i For further details simply fill in the coupon, and we : No medical examination or doctors letter is r .. f j r ™ required, and there is no age limit. send >’+ fr “ h ‘ erature and a PP l,cat,on form. & No one will contact you unless you request it. YOUR YIELD IN TRUE TERMS Note that tax free returns under your existing However attractive the quoted interest rate of other life policies remain unaffected, but Marac Life forms of investment, taxation may drastically „ Bonds do not include tax exemption benefits reduce the true dollar yield. Marac Life Bonds are on premium payments. unique. *AII references to taxation are subject to current tax legislation. To Marac Life Assurance Limited, Freepost 440, 107 Albert Street, Auckland. Ph: (09) 770-640 MARAC LIFE BONDS | I NAME |~~| I would like to be contacted about the Marac J ■ atatsducq Life Bond. My phone number is (Day/ I : b Evening) | OCCUPATION MARAC LIFE ASSURANCE LIMITED J , Please send me details of Marac privatc Ba & WcDesley Street. ; Tax-Exempt Life Bonds. _ J™ -