ADVANTAGES OF THE COMMON FUND Moneys in the hands of the Public Trustee form part of the Common Fund of tho Public Trust Office, unless by tho terms of the Will or Trust Instrument they are directed to be specially invested. Investment in the Common Fund has many advantages. The payment of interest is uniform and regular; there is no loss of interest through funds having to remain idle pending the selection oi an investment; funds are available at short notice when they 'become payable; the delay which would result if tho realisation of special investments had to be awaited is avoided. Tho highest -rate of interest consistent with absolute safety is allowed, »nd the interest is payable anywhere in New Zealand free of charge. Interest runs from the Ist o£ the month following the receipt of the first capital moneys. Finally, the security of all capital 1 moneys in the Common Fund and all income payable thereon is guaranteed by the State. CONSULT THE PUBLIC TRUSTEE , Established 1872.
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Bibliographic details
New Zealand Times, Volume LII, Issue 12330, 28 December 1925, Page 6
Word Count
169Page 6 Advertisements Column 2 New Zealand Times, Volume LII, Issue 12330, 28 December 1925, Page 6
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