There are some aspects of this fund which may require extra consideration before deciding to invest.
Restrictions on transfer
There are rules around transfering in and out of this investment, which may depend on eligibility. For example, overseas investors may not be able to transfer into some New Zealand managed funds. Or there may be restrictions on withdrawals, such as not until age 65 for KiwiSaver funds.
Issuer's description of this product:
Term Deposits issued by Liberty Financial Limited
Minimum investment
This is the minimum amount you would need to put into this in order to invest.
Closing date
This offer does not have a closing date and is a continuous issue. It's likely you'll be able to invest for the forseeable future.
Maturity
This investment does not have a fixed date of maturity, which can mean flexible or multiple terms are available.
Rate
This investment offer does not have a single set rate. This may mean that the rate is variable or that there are multiple rates available.
Key facts
Provider website
Issuer's industry
Financial/insurance
Credit ratings
Credit ratings can help you understand whether your investment in bonds will pay or if you'll get your money back. They indicate the long-term ability of the issuer to repay its debts. See also the Reserve Bank's primer on credit ratings and a map of the three scales used by the rating agencies.
(Standard & Poor's)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
(Standard & Poor's)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Maturity conditions description
Terms of 3,6,9,12,18,24,36,48 or 60 months are offered. The maturity date for each deposit is stated on each Secured Deposit Certificate.
Rate
Rate calculation description
As advised on Issuer's website www.Libfin.Co.Nz from time to time
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
220428-LFL PDS.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
180630-LFL Priority Diagram.pdf
180309-Event Notice - Liberty Financial Limited Credit Rating.pdf
190630-LFL Priority Diagram.pdf
200630-LFL Priority Diagram.pdf
210630-LFL Priority Diagram.pdf
220630-LFL Priority Diagram.pdf
230630-LFL Priority Diagram.pdf
231123-LFL-Supplementary-PDS (approved).pdf
240521-LFL Second Supplementary Document.pdf
240924-LFL Priority Diagram.pdf
241021-LFL Priority Diagram 2024.pdf
Additional details
Issuer details
Name
LIBERTY FINANCIAL LIMITED
Type
NZ Limited Company
Industry
Financial/insurance
Website
NZBN
9429038564741
FSP Number
Credit rating
BBB (Outlook Stable) (Standard & Poor's) on 02 April 2024
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
23 November 2016
Date opened
01 December 2016
Closing date
None
Offer credit rating
BBB (Outlook Stable) (Standard & Poor's) on 02 April 2024
Continuous issue
Yes
Further payments may be required
No
Restrictions on transfer
Yes
Issuer can withhold, reduce, or delay payment
No
Convertible product
No
Intending to list
No
Schedule 1 exemption
No
FMA exemption
No
Reference numbers
Offer
OFR11343: LIBERTY FINANCIAL LIMITED TERM DEPOSITS
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. libfin.co.nz