Page 7 Advertisements Column 3

Otago Daily Times, Issue 21940, 29 April 1933, Page 7

5| SAFETY IN these troublous times you may well question such an assurance—probably wills until you have carefully perused the prospectus of the New Zealand Investment Trust, Ltd. May we hand you a copy? J Here are a few salient features of New Zealand Investment Trust Shares and Debentures Share Capital, £200,000 (20,000 shares £lO each). Debenture Capital, £200,000 (20,000 5 per cent. First Mortgage Convertible Debentures £lO each). EQUAL TO Govt. Loan or Local Body Securities The “ Financial World,” London, says: “ The stocks of properly conducted Investment Trust Companies have a higher ratio of security than even British Government Loans.” Guaranteed Return 5% plus Absolute Safety. Holders of this Debenture Stock to be given, within 5 years, the right to convert each £lO of their holding into either (a) £lO of Preference Stock, (b) £lO of Ordinary Stock, (c) £6 Preference Stock and £4 Ordinary Stock (at the discretion of the Directors). Experience shows that by following the established practice of the best British and Scottish Trust Companies, the Ordinary Stock of the New Zealand Investment Trust, Ltd., should be earning up to 10 per cent, within the 5 years. Shares and Debentures Readily Saleable. By having the principles of Insurance applied to the investments of the Trust; by being broadly distributed, and therefore being widely and favourably known to the investing public, the Shares and Debentures of the New Zealand Investment Trust, Ltd., will be sure, should a holder wish to sell or increase his holdings, to find a ready market. You are invited to use the coupon for a prospectus. Do it now. The Securities Corporation . (N.Z.), Limited, [ Public Trust Buildings, Dunedin. . Please deliver to me a copy of the New • Zealand Investment Trust’s Prospectus. | Name j Address | I Tax Exemption. In New Zealand dividends from Investment Trusts are virtually free of Income Tax. No Promoters’ Shares. No amount hat either been paid or is intended to be paid to any promoter. No Director has any interest in Promotion. The Directors have no interest in the promotion of the Company, and no shares or debenture stock have been issued or agreed to be issued other than for cash.

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