Page 25 Advertisements Column 2

Press, 17 May 1984, Page 25

MARAC TAX EXEMPT LIFE BONDS TOP TAXPAYERS EARN THE EQUIVXLEW OF SSSESSSSS SSSSSSs sssss / JSSSSSS 11 SSSSS / MH ——i SSSSS JSSESS pA INVEST FOR ONE YEAR ONLY If you’re paying income tax* in the higher bracket, J sj< xx k- 524.( xx uhere’s a gilt edged uivestment plan which offers a 8 Taxable income p.a. S3S.<xxj+ S3B,ixx) S3o,(xx> yield equivalent to 19.1 %p. a. Because tax is paid | True Yield: by Marac and not the investor. I —— - ~~ 777. 777, What at first glance looks like a modest investment | Marac Life Bonds 6.r> /« p.a. 6.3 /« p.a. 6.3 A p.a. return of 6.5% p.a. becomes very attractive when S~ ~ ~ compared with the equivalent taxable yield. I @ 4.76% 6.14% 7.68% WHAT THE INTEREST IS WORTH I — \ t B Taxed inv estmeiit IO YOU B@ 11.0% p.a. 3.74% 4.83% 6.04% The more tax you pay, the greater the value of h Marac Life Bonds. See how 6.5% p.a. becomes BTaxed investment increasingly valuable when compared with tax- |@ I<>% p.a. 3.40% 4.39% 3.49% able investments: — ————— S24(H)(( _ | If you wish to discuss these figures with your Taxable income p.a. S3B,(XX)+ S3BJXX) S3o.(XX) accountant sharebroker or sohotor. yw 11 find he — or she is fully briefed on Marac Tax-Exempt Life Tax rate 66% 56. D 4 45.1% Bonds. If not. please request they phone Marac s Life Bond Division Ph (09) 770-640. 6.5% p.a. investment 19.1 % 1 4.8% H.s' S5OOO MINIMUM ; The minimum investment is SSIK KI and you arc free rnV rn to invest up to 5250.01 X) m any one year. UlrH COyUK Marac Life Bonds represent a secure investment. If you die within the 12 months tenure of the Life wi± an cxcdlc]K t^x frcc vicld and built-in Bond your capital plus the lull year s earnings is insura „ cc protcction . immediately repaid. Lor further details simplv fill in the coupon, and we No medical examination or doctor s letter is w j]] scnc j V ou free literature and application form, required, and there is no age limit. coiltact vou unless vou 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 mav drastically Bonds do not include tax exemption benefits reduce the true dollar yield. Marac Life Bonds arc on premium payments. LiniCJLIC *AII references art stibicd b> current tax kvbi.itiDn To Marac Life Assurance Limited, Ereepost 4-44), ]()7 Albert Street. Auckland. Ph: Q)9) 77< 1-646 | MARAC LIFE BONDS I — - • X N AME LJ I ''Vould like to be contacted about the Marac Life Bond. Mv phone number is (Day/ ! ADDRESS Evening) | ! OCCUPATION SSURANCE LIM ITEE> j . Q Please send me details of Marac *' nvjtv lu '- Ac ' k "' '“ r ’ | ’ Tax-Exempt Life Bonds. . | S’ '/ “S -i- J J