Bonus Bonds Prospectus
Any purchase of units in The Bonus Bonds Trust is subject to the terms and conditions contained in the Trust Deed and the registered prospectus (as duly amended from time to time).
The current registered prospectus of the Bonus Bonds Trust (for the purposes of the Securities Act 1978) may be downloaded and printed from this link:
Bonus Bonds Prospectus (PDF 2mb).
To view the prospectus you will need Adobe Acrobat® Reader. If you don't have it, download Acrobat Reader.
Alternatively, you can request a copy of the registered prospectus from any New Zealand ANZ branch or your local PostShop.
A copy of the Trust Deed may be inspected free of charge at the Secretary's Dept, ANZ National Bank Limited, Level 14, 215-229 Lambton Quay, Wellington, during normal business hours.
Below is intended as an introduction to investing in Bonus Bonds. For full details of the terms and conditions please see the Trust Deed and registered prospectus.
Terms and conditions
Bonus Bonds are units in The Bonus Bonds Trust, a unit trust. They are governed by a Trust Deed between ANZ Investment Services (New Zealand) Limited ("ANZIS") and Trustees Executors Limited and a registered prospectus.
No guarantee
The principal and returns of Bonus Bonds are not guaranteed or secured in any way by ANZ National Bank Limited ("ANZ"), any member of the ANZ Group or any other person. Units do not represent deposit or liabilities of ANZ or any other member of the ANZ Group. Bonus Bonds are subject to investment risk, including possible delays in repayment and loss of income and principal invested. Bonus Bonds investment portfolio is rated AAAf* by Standard & Poor's, which indicates that the "Trust Fund's portfolio holdings provide extremely strong protection against losses from credit defaults." However, a fund credit rating issued by Standard & Poor's is and must be construed solely as a statement of opinion and not a statement of fact or recommendation to purchase, sell or hold Bonus Bonds. Further important rating information is disclosed in the registered prospectus.
* Fund credit quality ratings, which range from 'AAAf' (highest level of protection) to 'CCCf' (lowest level of protection), are identified by the subscript 'f' for fund and represent Standard & Poor's assessment of the overall credit quality of a fund's portfolio holdings.
Purchase of Bonus Bonds
The minimum number of Bonus Bonds that must be purchased is currently 20 and then any whole number thereafter. It is intended that each Bonus Bond issued is purchased for NZ$1.00. Factors that may cause the unit price to deviate from NZ$1.00 are detailed in the registered prospectus.
Returns
Investment returns in The Bonus Bonds Trust are placed in a pool and distributed as prizes to holders of Bonus Bonds that are selected, at random, in the monthly prize draws. In any month, the number of Bonus Bonds prizes and total payout are subject to change. There is no guarantee that you will win a prize.
Eligibility for prize draws
Each Bonus Bond purchased by you becomes eligible for the monthly prize draws at the end of the first complete calendar month following the date of purchase. For example, Bonus Bonds purchased in March will be included in prize draws from the beginning of May onwards. Bonus Bonds will continue to be eligible for prize draws up to and including the draw announced in the month you apply to redeem them.
Payment of prizes
You can choose to have any prizes you win paid to your New Zealand bank account or applied to purchase further Bonus Bonds. If prize payments do not complete, e.g. customer's bank account has been closed, or if your identity has not been established in a manner satisfactory to ANZIS, the prize money will automatically be used to purchase more Bonus Bonds in your name. Once your identity has been established in a manner satisfactory to ANZIS, you may redeem any prizes and change your prize payment method. Prizes that are less than NZ$25.00 may automatically be used to purchase more Bonus Bonds in your name.
Redemptions
You can redeem Bonus Bonds by completing a redemption request at any ANZ branch (New Zealand only) or your local PostShop. If your identity has not been previously established in a manner satisfactory to ANZIS, the redemption request may also require you to provide one form of photographic or two forms of non-photographic identification prior to the repayment being processed. Repayment will generally be made within 28 days of the Bonus Bonds Centre receiving a properly completed redemption request. It is intended but not guaranteed that NZ$1.00 be paid out for each Bonus Bond redeemed. The value of units is subject to change in the value of underlying investments however ANZIS anticipates that units will remain at NZ$1.00 through varying market circumstances due to the conservative mix of investments held by the Bonus Bonds Trust. Factors that may cause the unit price to deviate from NZ$1.00 are detailed in the registered prospectus.
Privacy statement
Information that you provide will be held securely by ANZIS and ANZ. You may access and correct this information at any ANZ branch (New Zealand only). A fee may be payable.
ANZIS will use this information to administer your Bonus Bonds holdings, to comply with legal and regulatory requirements and (unless you disagree) to introduce other products or services to you including third party products and conduct market research. ANZIS may disclose this information to its agents (and their delegates), ANZ and the ANZ's related companies (as defined by the Companies Act 1993) for the above purposes. Should you no longer wish to receive information on other products and services or participate in market research, you can visit an ANZ Branch or call Bonus Bonds on 0800 BONDS 4U (0800 266 374) to withdraw your consent. ANZIS may also disclose this information to government agencies and other financial institutions to comply with legal and regulatory requirements.
ANZIS may request ANZ or one of the ANZ's related companies to disclose to ANZIS information about you for the purpose of enabling ANZIS to comply with legal and regulatory requirements (including identity verification requirements). By becoming a holder of Bonus Bonds you agree to such disclosure.
ANZIS may contact the source of any information that you provide in support of your application in order to check the accuracy of the information.
Further information
As well as the Terms and Conditions set out in the Trust Deed and registered prospectus, customers can request further information by telephoning Bonus Bonds on 0800 BONDS 4U (0800 266 374).