There are some aspects of this fund which may require extra consideration before deciding to invest.

Issuer can withhold payment

In this case, the provider of this investment may not pay investors back straight away. This is important to know and acknowledge as you research investments.

Issuer's description of this product:

Call and Term Deposits

Minimum investment

$500.00

This is the minimum amount you would need to put into this in order to invest.

Closing date

Ongoing

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

1 year

This investment offer finishes after the above time period.

Maturity details

Rate

1%

This investment offer returns this percentage of interest rate.

Rate details

Key facts

Provider website

Issuer's industry

Other

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.

Investment credit rating

Not provided

This is the credit rating for this particular bond or debt security.

Issuer credit rating

Not provided

This is the credit rating for the organisation issuing the bond or debt security.

Maturity

1 year

Maturity description

This investment offer finishes after the above time period.

Rate

1%

Rate description

12 month

Additional details

Issuer details

Name

THE CHRISTCHURCH CATHOLIC DIOCESAN DEVELOPMENT FUND

Type

Charitable Trust

Industry

Other

Website

Registration number in country of origin

2539376

NZBN

Credit rating

Not provided

Supervisor

Name

COVENANT TRUSTEE SERVICES LIMITED

Offer details

Date registered

24 November 2016

Date opened

01 December 2016

Closing date

None

Continuous issue

Yes

Further payments may be required

No

Restrictions on transfer

No

Issuer can withhold, reduce, or delay payment

Yes

Convertible product

No

Intending to list

No

Schedule 1 exemption

No

FMA exemption

No

Reference numbers

Offer

OFR11362: THE CHRISTCHURCH CATHOLIC DIOCESAN DEVELOPMENT FUND

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. cdf.org.nz