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:
We offer: Call Deposits which are secured call debt securities; Term Deposits which are secured term debt securities for different fixed terms; Charitable Deposits which are secured term debt securities for different fixed terms; and Funeral Deposits which are secured term debt securities for a fixed term.
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.
(Fitch Ratings)
This is the credit rating for this particular bond or debt security.
Issuer credit rating
(Fitch Ratings)
This is the credit rating for the organisation issuing the bond or debt security.
Maturity
Maturity conditions description
Call Deposits are repayable on request; Term Deposits are issued for terms of 30 days, 3 months, 6 months, 9 months, 1 year, 18 months, 2 years, 3 years or 5 years; Charitable Deposits are issued for terms of 1 year, 18 months, 2 years, 3 years or 5 years; Funeral Deposits mature at the end of the depositor’s lifetime.
Rate
Rate calculation description
The interest rate is available on our website and is subject to change without notice. The interest rate will be confirmed to you by letter following deposit. We set the interest rates on our Call, Term, and Funeral deposits on a regular basis after considering current market conditions. Our current policy is to set the interest rates by reference to the deposit interest rates of the five largest New Zealand banks. Charitable deposits do not earn interest for the depositor.
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.
Product Disclosure Statement - 17 October 2024.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.
Leadership changes taking effect on 18 October 2017.pdf
Lending above $5 million report as at 23 August 2018.pdf
Interest Rate 8 October 2018.pdf
Interest Rate 15 October 2018.pdf
Leadership changes taking effect on 30 October 2018.pdf
Interest Rate 12 November 2018.pdf
Ranking of Debt Securities as at 31 August 2017.pdf
Financial Information 28 August 2018.pdf
Ranking of Debt Securities as at 31 August 2018.pdf
Interest Rate - 7 February 2019.pdf
Interest Rate - 18 February 2019.pdf
Financial Information 25 February 2019.pdf
Financial Information 27 February 2019.pdf
Interest Rate - 4 March 2019.pdf
Interest Rate 18 March 2019.pdf
Interest Rate as at 8 April 2019.pdf
Interest Rate 29 April 2019.pdf
Interest Rate 20 May 2019.pdf
Fully Executed Deed of Replacement and Appointment of Supervisor.PDF
Lending above $5 million report as at 4 June 2019.pdf
Interest Rate 4 June 2019.pdf
Financial Information - 4 June 2019.pdf
Interest Rate 24 June 2019.pdf
Interest Rate 22 JULY 2019.pdf
Financial Information.pdf
Interest Rate 6 August 2019.pdf
Interest Rate 12 August 2019.pdf
Interest Rate 19 August 2019.pdf
Interest Rate 9 September 2019.pdf
Interest Rate 16 September 2019.pdf
Supervisor Change of Name.pdf
Interest Rate 7 October 2019.pdf
Interest Rate 24 October 2019.pdf
Financial Information - dated 12 November 2019.pdf
Ranking of Debt Securities as at 31 August 2019.pdf
Interest Rate 13 January 2020.pdf
Notice of Supervisor Change.pdf
Deed of Replacement & Appointment of Supervisor.pdf
Interest Rate 16 March 2020.pdf
Financial Information.pdf
Interest Rate 28 Apr 2020.pdf
Interest Rate 4 May 2020.pdf
Interest Rate 18 May 2020.pdf
Interest Rate 3 June 20.pdf
Financial Information.pdf
Interest Rate 15 June 20.pdf
Interest Rate 13 July 2020.pdf
Cease Director.pdf
Interest Rate 17 August 2020.pdf
Interest Rate 31 August 2020.pdf
Interest Rate as at 8 September 2020.pdf
Interest Rate as at 14 September 2020.pdf
Interest Rate as at 21 September 2020.pdf
Interest Rate as at 12 October 2020.pdf
Ranking of Debt Securities as at 31 August 2020.pdf
Financial Information - dated 25 November 2020.pdf
Interest Rate as at 15 December 2020.pdf
Interest Rate as at 1 January 2021.pdf
Interest Rate as at 18 January 2021.pdf
Interest Rate as at 5 February 21.pdf
Interest Rate as at 1 March 2021.pdf
CHRISTIAN SAVINGS LIMITED (3499912) Director Consent James Benjamin STEWART accepted.pdf
Financial Information - dated 14 May 2021.pdf
Interest Rate as at 17 May 2021.pdf
Interest Rate as at 1 June 2021.pdf
Interest Rate as at 1 July 2021.pdf
Interest Rate as at 6 July 2021.pdf
Interest Rate as at 19 July 2021.pdf
Notice of Change of Senior Officers.pdf
Interest Rate as at 11 August 2021.pdf
Financial Information - dated 31 August 2021.pdf
Interest Rate as at 1 September 2021.pdf
Ranking of Debt Securities as at 31 August 2021.pdf
Interest Rate as at 1 October 2021.pdf
Interest Rate as at 26 October 2021.pdf
Interest Rate as at 1 November 2021.pdf
Interest Rate as at 9 November 2021.pdf
Interest Rate as at 18 November 2021.pdf
Interest Rate as at 29 November 2021.pdf
Financial Information as at 31 August 2021.pdf
Interest Rate as at 13 December 2021.pdf
Interest Rate as at 14 February 2022.pdf
Interest Rates as at 28 February 2022.pdf
Interest Rates as at 14 March 2022.pdf
Interest Rate Schedule _ 21 March 2022.pdf
Interest Rate as at 1 April 2022.pdf
Interest Rate as at 19 April 2022.pdf
Interest Rates as at 2 May 2022.pdf
Deposit rates for Christian Savings Limited as at 16-05-2022.pdf
Financial Information - dated 3 June 2022 Christian Savings Limited.pdf
Interest Rate as at 1 July 2022.pdf
Deposit rates for Christian Savings Limited as at 01-08-2022.pdf
Interest Rate as at 27 September 2022.pdf
Deposit rates for Christian Savings Limited as at 10-10-2022.pdf
Deposit rates for Christian Savings Limited as at 25-10-2022.pdf
Deposit rates for Christian Savings Limited as at 01-11-2022.pdf
Deposit rates for Christian Savings Limited as at 28-11-2022.pdf
Deposit rates for Christian Savings Limited as at 5-12-2022.pdf
Ranking of Debt Securities as at 31 August 2022.pdf
Financial Information - dated 7 December 2022.pdf
Deposit rates for Christian Savings Limited as at 19-12-2022.pdf
NOTICE OF CHANGE OF SENIOR OFFICER DWO.docx
Deposit rates for Christian Savings Limited as at 01-02-2023.pdf
Deposit rates for Christian Savings Limited as at 15 February 2023.pdf
Deposit rates for Christian Savings Limited as at 27 February 2023.pdf
Deposit rates for Christian Savings Limited as at 21 March 2023.pdf
Deposit rates for Christian Savings Limited as at 20 April 2023.pdf
Deposit rates for Christian Savings Limited as at 02-05-2023.pdf
Deposit rates for Christian Savings Limited as at 16-05-2023.pdf
Deposit rates for Christian Savings Limited as at 16-05-2023.pdf
Deposit rates for Christian Savings Limited as at 30 May 2023.pdf
Deposit rates for Christian Savings Limited as at 28-08-2023.pdf
Deposit rates for Christian Savings Limited as at 17-10-2023.pdf
Ranking of Debt Securities as at 31 August 2023.pdf
Financial Information - dated 19 October 2023.pdf
Deposit rates for Christian Savings Limited as at 10 January 2024.pdf
Deposit rates for Christian Savings Limited as at 08 February 2024.pdf
Deposit rates for Christian Savings Limited as at 5 March 2024.pdf
Deposit rates for Christian Savings Limited as at 12 March 2024.pdf
Deposit rates for Christian Savings Limited as at 23 July 2024.pdf
Deposit rates for Christian Savings Limited as at 31 July 2024.pdf
Deposit rates for Christian Savings Limited as at 20 August 2024.pdf
Leadership_changes_taking_effect_on_30_August_2024.pdf
Deposit rates for Christian Savings Limited as at 24 September 2024.pdf
Deposit rates for Christian Savings Limited as at 15 October 2024.pdf
Ranking of Debt Securities as at 31 August 2024.pdf
Financial Information - dated 17 October 2024.pdf
Deposit rates for Christian Savings Limited as at 22 October 2024.pdf
Deposit rates for Christian Savings Limited as at 5 November 2024.pdf
Deposit rates for Christian Savings Limited as at 9 December 2024.pdf
Deposit rates for Christian Savings Limited as at 23 January 2025.pdf
Deposit rates for Christian Savings Limited as at 26 February 2025.pdf
Deposit rates for Christian Savings Limited as at 19-03-2025.pdf
Deposit rates for Christian Savings Limited as at 23-04-2025.pdf
Deposit rates for Christian Savings Limited as at 05-06-2025.pdf
Deposit rates for Christian Savings Limited as at 26-06-2025.pdf
Additional details
Issuer details
Name
CHRISTIAN SAVINGS LIMITED
Type
NZ Limited Company
Industry
Financial/insurance
Website
NZBN
9429030995444
FSP Number
Credit rating
BB+ (Fitch Ratings) on 17 February 2022
Supervisor
Name
COVENANT TRUSTEE SERVICES LIMITED
Offer details
Date registered
24 August 2017
Date opened
01 September 2017
Closing date
None
Offer credit rating
BB+ (Fitch Ratings) on 17 February 2022
Continuous issue
Yes
Further payments may be required
Yes
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
OFR12107: CHRISTIAN SAVINGS LIMITED OFFER OF 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
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Interested in investing in this offer? Visit the provider's website. christiansavings.co.nz