How do we manage to maximise growth and return on your investment while helping make navigating complex investments easy?

We manage well.

See what rate of return we can manage for you.

Average annualised rate for periods ended 14/11/2019 1 Year Performance* 1 Week Performance*
Fixed Term Fund 2.78% p.a. 2.25% p.a.
Long Term Fund 2.79% p.a. 2.27% p.a.
Select Mortgage Fund 2.82% p.a. 2.38% p.a.

*Past performance is not a reliable indicator of future performance.

Talk to us today: 1300 138 044

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Gain access to assets and investment opportunities not generally available to individual investors. Enjoy the confidence of knowing you can achieve diversification and strength in your investment with a small outlay across a range of assets. Have your money managed by an experienced investment manager with the specialist knowledge to analyse investment assets so you don’t have to. With the same local, personalised service no matter how much you invest.

Fixed Term Fund Long Term Fund Select Mortgage Fund
1 Year Performance* 2.78% p.a. 2.79% p.a. 2.82% p.a.
1 Week Performance* 2.25% p.a. 2.27% p.a. 2.38% p.a.
Major Asset Class Mortgages Mortgages Mortgages
Suggested Investment Time Frames^ At least 6 months At least 9 months At least 12 months
Income Distribution Frequency Quarterly Quarterly Quarterly
Established Since 1977 1985 1999
Minimum Investment and Minimum Balance $5,000 $5,000 $25,000
Redemption Period 7 business days notice after 6 months, subject to potential extension1,2 7 business days notice after 9 months, subject to potential extension1,2 7 business days notice after 12 months, subject to potential extension1,2
Redemption Cut-off Time 3pm 3pm 3pm
Unitised Yes No No
Investment Objective (Full description see PDS) To outperform the official cash rate plus 100 basis points before fees. To outperform the official cash rate plus 100 basis points before fees. To outperform the official cash rate plus 100 basis points before fees.
Return Type Income Only Income Only Income Only
Linked Cheque Book/Debit Card No No No
Direct Credits Yes Yes Yes

*Past performance is not a reliable indicator of future performance.

1Tasmanian Perpetual Trustees expects to pay redemption requests on the expiry of the 7 business days notice period after the initial investment period;
the Constitution of each Fund contains a maximum redemption period as follows:

Fund Period
Fixed Term Fund Up to 180 business days
Long Term Fund Up to $1 million, 90 days
Over $1 million, 180 days
Select Mortgage Fund Up to 60 days

2Redemptions may take up to 21 days during periods when quarterly distributions are being calculated.

We’re here to help

With over 132 years experience and local, friendly staff we can help you find the right products to suit you. Talk to us today.

Established in 1887, Tasmanian Perpetual Trustees is a major provider of quality financial products and services and a Trustee Company authorised under the Tasmanian Trustee Companies Act 1953. Additionally, generations of Tasmanians have known Tasmanian Perpetual Trustees as a respected name for the provision of Estate Planning and Trustee services, delivering the highest standard of personal and professional service.

Cash and Income Funds are expertly managed on behalf of many thousands of Tasmanians by Tasmanian Perpetual Trustees.

  • Devonport: 53 Best Street
    Hobart: 137 Harrington Street
    Launceston: Cimitiere House, Level 1, 113 Cimitiere Street

    Tasmanian Perpetual Trustees clients can access Estate Planning services only from the following MyState Bank branches:

    Burnie: 87 Wilson Street
    Glenorchy: 366 Main Road
    Kingston: Shop 52, Channel Court Shopping Centre
    Kings Meadows: Shop 27, Meadow Mews Plaza
    Rosny: 11 Bayfield Street
    Hobart: 144 Collins Street

  • 1300 138 044


*Past performance is not a reliable indicator of future performance and averaged annualised rate for the week ending 14/11/2019 assumes reinvestment of income and funds held for 12 months. More information on past performance including 5 year performance figures is available at Performance is after fees and other costs. Tasmanian Perpetual Trustees Limited recommends that you refer to the Funds PDS and seek independent professional advice that takes into account your investment objectives, financial situation, particular needs and/or other personal circumstances, before deciding whether to acquire, or continue to hold the investment. Tasmanian Perpetual Trustees Limited, MyState Limited and MyState Bank Limited do not guarantee the repayment of capital or the performance of the Funds or any particular rates of return from the Funds. A mortgage fund investment is an equity investment in a managed investment fund, and is not a bank deposit. Accordingly, there is a higher risk of losing some or all of your money than is the case with a bank deposit. In respect of withdrawal periods, withdrawal rights and investment periods, please note that whilst we expect to meet redemption requests within the periods stated, these periods may be longer subject to the nature of the assets of the particular Fund, the particular Fund’s liquidity, the Fund’s constitution and the Law.

^These suggested time frames are based on Tasmanian Perpetual Trustees’ view about investing which may not be appropriate for you at all times or suit your particular needs. You should regularly review all aspects of your investments, with or without the assistance of an adviser.

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