Stewards' Foundation: Investing

Why Invest with us?

• We provide a reasonable return on your investment, paid every six months.
• You are making an investment in the Lord's work.  We put your investment to use in the work of Brethren assemblies.
• We believe we are a low risk.  Since the Foundation started in 1955, we have never had a borrower default on a loan.

How do I invest?

Please read the Bond Subscriber's Statement first before investing with us, to find out more about your investment.

We have a Bond Investment Form, which you can download, complete and return to us.

What types of Investments are there?

We have two main types of investment:

• Two year fixed term, fixed rate investment, or
• Perpetual investment, repayable upon giving three month's notice

The interest rate payable for the two types differs, and can change from time to time.  Interest rates from 1 October 2010 are:

Two Year Bonds   5.5% p.a.
Perpetual (3 Month) Bonds       4.25% p.a.  

Please contact us to confirm current interest rates.

Interest Free Investments?

Some people choose to make an investment and choose not to receive any interest in return.  In doing this, they retain ownership of the sum invested, but at the same time they are making a donation to the Lord's work.  The Foundation calculates the interest that it would otherwise have paid to bond holders, and on a six monthly basis pays an amount equivalent to that to various Christian ministries within New Zealand.  Over the past three years, over $140,000 has been given to Christian ministries in this way.

Some Figures (at September 2010)

Individual Bond Holders	approximately 150
Total Bonds Issued	over $6.2M
Interest Free Bonds	over $550,000

Complaints

If you are not satisfied with the service you have received from us you should contact us.  We have an internal complaints process and undertake to investigate your concerns promptly and fairly. You may contact us to make a complaint by telephone, by email, or in writing.

We are a member of an independent dispute resolution scheme operated by Financial Services Complaints Limited (“FSCL”) and approved by the Ministry of Consumer Affairs.  We have 40 days to respond to your complaint.  If you are not satisfied by our response, you may refer the matter to FSCL by:

• emailing info@fscl.org.nz or by
• calling FSCL on 0800 347 257 or by
• faxing FSCL on (04) 472 3727 or by
• post to PO Box 5967
• Lambton Quay
• Wellington 6145. 

Full details of how to access the FSCL scheme can be obtained on their website www.fscl.org.nz. There is no cost to you to use the services of FSCL.

Any Questions?

Please contact our Treasurer if you have any questions about investing with the Foundation.

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