When does the investment commence?

The term of your investment commences on the day we allocate your investment funds to a Sub Scheme. There may sometimes be a short delay between the receipt of your funds and settlement of the mortgage loan (in the case of a new loan) during this time you will not earn interest. However, if you have elected to use our Investor Trust Deposit (ITD) Sub Scheme your money will earn interest at the rate applicable to the ITD form the day of receipt until placement into your selected investment.